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Polymalic Acid-based Nano Biopolymers for Targeting of Multiple Tumor Markers: An Opportunity for Personalized Medicine?
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Combating complexity: partnerships in personalized medicine.

Kristin Pothier1, Gary Gustavsen2

  • 1Health Advances, 9 Riverside Road, Weston, MA 02493, USA. kcpothier@healthadvances.com.

Personalized Medicine
|May 23, 2018
PubMed
Summary
This summary is machine-generated.

The personalized medicine field is increasingly complex. Collaboration and strategic partnerships are essential for innovators to successfully and economically bring novel products to market.

Keywords:
commercializationdiagnosticslife scienceoncologyoutsourcingpartnershippersonalized medicinetargeted therapy

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Area of Science:

  • Biomedical innovation
  • Drug development
  • Healthcare economics

Background:

  • Personalized medicine is facing unprecedented complexity in targets, biomarkers, regulations, and commercialization.
  • The current economic climate favors outsourcing to reduce internal investment.
  • These factors create a need for increased collaboration in the industry.

Purpose of the Study:

  • To highlight the growing complexity in personalized medicine.
  • To emphasize the critical role of strategic partnerships and external expertise.
  • To underscore the necessity of a collaborative approach for market success.

Main Methods:

  • Analysis of current trends in personalized medicine.
  • Economic evaluation of outsourcing in drug development.
  • Review of commercialization strategies for novel therapeutics.

Main Results:

  • Innovators face intricate challenges in therapeutic targeting and biomarker detection.
  • Outsourcing is a key strategy for managing investment in the current economic landscape.
  • A significant increase in partnerships is observed and predicted.

Conclusions:

  • Success in personalized medicine requires accessing diverse external expertise.
  • Embracing collaboration is crucial for companies to thrive.
  • Strategic partnerships are vital for economical and successful product launches.