Analytics

The evolving promise of genomic medicine and the implications for the healthcare ecosystem

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Over the past few months IBM colleagues from across the globe have been collating their thinking on the topic of genomic medicine. Insights have been gathered from business and technology strategists in IBM Healthcare, IBM Life SciencesIBM Research, IBM Watson as well as our clients and partners.

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The background to this activity is our belief that, for the first time since the Human Genome Project was completed back in 2003, we are now at a unique inflection point to move genomic medicine from a promise to reality. A mix of three major influences is driving this optimism, namely:

  • innovation in biology and technology – from cognitive computing to the use of highly specific panels of genes for testing
  • market demand – from the increased expectation from targeted treatments to genomic converging with social media
  • consumerism – including an increased uptake of direct-to- consumer genomic testing

So if we accept that genomic medicine will be a game changer for all members of the healthcare ecosystem as well as the patient then what changes can we expect to see by the end of this decade?

  • Genomic health records will become a reality as genomic information gets combined with relevant data extracted from the traditional electronic medical record
  • Greater benefits for stakeholders in the three genomic medicine cornerstones of sequencing, translational medicine and personalized healthcare. One real-life example of such benefits comes from collaboration between scientists and technologists at the New York Genome Center and IBM in a first-of-a-kind program to accelerate personalized, life-saving treatment for patients with glioblastoma, a rare form of brain cancer

  • Transformational opportunity for healthcare and life sciences industries through leveraging cognitive computing across the value chain from pre-clinical discovery to understanding and engaging consumers, and improving health outcomes

 

Snapshot

A new report from the IBM Institute for Business Value, consolidates this thinking and offers executives offers some suggestions for thinking about genomics medicine as an integral part of their enterprise strategy.

Over the next few weeks you’ll hear more on this topic from the authors and contributors to the paper so please revisit this page to read their blogs.

Also, please visit the page to download a full copy of the report. For more information e-mail me at hfraser@uk.ibm.com.

IBM Institute for Business Value, Global Life Sciences & Healthcare Lead

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