President Obama flagged off the Precision Medicine Initiative in the 2015 Union State Address with this mission statement:“To enable a new era of medicine through research, technology, and policies that empower patients, researchers, and providers to work together toward development of individualized care.”
This long-term research initiative is being carried out with the involvement of the National Institutes of Health (NIH) and several other research centers. Its overall goal is to understand how genetics, lifestyle, and environment of a person or a group could help identify the best approach for prevention and treatment of cancer and other healthcare areas.
A concept as deep and profound as precision medicine cannot be an initiative of a single major entity alone. Other organizations, including renowned research firm Academia, have also initiated research efforts with similar objectives. In addition, major business magnets such as Bill Gates and Mark Zuckerberg have made significant contributions to precision medicine development; the former announced a $50 million investment in data-driven Alzheimer’s research, while the latter donated $10 million to the UCSF Institute for Computation Health Sciences.
Tempus, a Chicago-based company, boasts of holding the world’s largest repository of molecular and clinical data, all being built to offer doctors more clinical context for every case of cancer, for every affected individual. In China, Insilico Medicine is initiating research efforts with the sole purpose of driving healthy longevity through AI solutions for drug discovery. Healex, a firm based in the United Kingdom, is researching novel solutions for individual care using advanced data analysis.
In the big Indian health market, a project known as Genome India is laying the foundation for precision medicine by mapping the diversity of the country’s mammoth genetic pool. Swagene is another Indian company that seeks to pioneer personalized medicine in the areas of oncology, fertility, and cardiology.
On local shores, Thumbay Research Institute for Precision Medicine plans to establish an interdisciplinary basic and translational cancer and diabetes research program to address the increasing challenges healthcare providers face in the UAE. The core focus of the institute is to play an active role in comprehensive, translational research and personalized medicine, with the aim of becoming a center of excellence and leader in developing personalized medicine.