The Precision Medicine Initiative calls for healthcare’s transition from a one-size-fits-all methodology to an individualized approach. Under the proposal, medical professionals must tailor treatment and prevention strategies based on each patient’s genomic makeup, environment, and lifestyle. Delivering precision medicine demands that researchers and clinicians have access to vast and varied amounts of real-world data (RWD) and the technology to make that data widely accessible and usable.
Data access and interoperability barriers have often impeded the precision medicine transformation. However, current healthcare industry trends are increasing opportunities for researchers and clinicians to comprehensively understand medical conditions and the patients in their care. As these advances create a gateway for individualized care, they’re also supporting actionable ways for the life sciences industry to develop drugs more efficiently and with more targeted outcomes.
As healthcare builds a comprehensive data ecosystem and progresses towards precision medicine, the industry is making significant advancements in the quality of care, from a more efficient and accurate drug development process to therapies better targeted at individual patients and diagnoses.
Ongoing developments in healthcare have formed an actionable foundation for precision medicine. As a result, researchers and clinicians are more likely to obtain the quality and breadth of health data, biological information, and technical sophistication needed to overcome the financial, data management, and interoperability barriers to precision medicine. This exacting approach to care will help clinicians identify the most appropriate, cost-effective treatments and even spot previously undetected causes of disease.
The following healthcare trends make possible the leap from one-size-fits-all medicine to an individualized, precision approach:
With industry trends supporting the precision medicine journey, healthcare is leveraging more comprehensive patient data to inform its drug development process. Earlier approaches to creating new drugs relied on claims data as the only available source of knowledge. This method couldn’t determine how a new drug would affect broader patient populations.
Like the path to precision medicine, improved drug development relies on patient-centric data to reflect individual experiences. This insight helps researchers bring drugs to market more efficiently and safely. More personalized insight informs the process from discovery, new indications, clinical development, trial design, and measuring outcomes (e.g., side effects) to identifying who is using an approved drug and why and determining value-effectiveness for drug reimbursement.
The pivotal promise of precision medicine is highly individualized therapy. With more in-depth insight into patients and their health, clinicians, academics, and pharma and biotech researchers and regulators aim to deliver the right drug for the right patient at the right time.
Developing these personalized therapies requires real-world clinical and molecular data.
The biggest challenge in meeting precision medicine goals and optimally leveraging targeted therapy pertains to data—establishing the ability to collect and share data for patient care, research, drug development, and reimbursement.
A lack of combined molecular and clinical data creates. Solutions that make data accessible and usable (e.g., the Health Catalyst Data Operating System (DOS™) and a core data management system (e.g., Molecular and Clinical DOS Marts™) can help the healthcare community advance precision medicine goals of highly individualized treatment.
The Precision Medicine Initiative’s mission statement establishes the following goal: “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.” With more open and agile data access and interoperability and an industry committed to better healthcare (e.g., incentives for healthy patients), precision medicine transformation is taking shape through better drug development and more targeted therapies. Similar, progressive use of and support for RWD will continue to shepherd precision medicine efforts towards the initiative’s goals.
Would you like to learn more about this topic? Here are some articles we suggest:
Would you like to use or share these concepts? Download this presentation highlighting the key main points.
This website stores data such as cookies to enable essential site functionality, as well as marketing, personalization, and analytics. By remaining on this website you indicate your consent. For more information please visit our Privacy Policy.