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Source: Knowledge@Wharton — SAP; September 2016
Precision medicine offers some exciting new opportunities in drug development and patient care. But, it is not without challenges, including those that suggest our industry may need to change some of our existing business models. An article by Knowledge@Wharton — SAP takes an in-depth look at the status of precision medicine, and outlines areas that we should watch. Therapy area applications include personalized cancer diagnoses, Alzheimer’s disease, and diabetes, among others. Challenges to the status quo suggest incompatibility with the current reimbursement model and the FDA’s requirements for new drug approvals.
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