Precision medicine is defined by the Precision Medicine Initiative as, “an emerging approach for disease treatment and prevention that takes into account individual variability in genes, environment, and lifestyle for each person”. It allows doctors to prescribe treatment tailored to the individual patient and allows drug developers to create treatments that are more targeted to those individuals.
In summary, precision medicine aims to find the right drug, for the right patient, at the right time.
Targeted therapy not only benefits the patient, but also has a positive effect on healthcare costs and success:
- Increased targeted therapy
- Increased clinical trial selection
- Decreased non-targeted selection
- Increased quality of hospice care
Precision medicine requires accuracy
To enable the ultimate goal of precision medicine, diagnosis needs to be as accurate as possible.