The name CANAPI is short for Cancer API. It's pronounced like canopy.
The API is currently in private alpha. Applications built on the CANAPI platform are starting to become available.
In software development, the acronym API is shorthand for something known as an application programming interface. If you're looking for a non-technical explanation, you might think of an API as a set of tools and instructions that makes whatever it is you're working on available so that others can find, access and build something else from it.
Alpha is a term used by software developers to refer to a very early stage version of an application.