Pharmaceutical Executive August 10, 2022
The road to precision medicine as a fixture in healthcare delivery is still a journey, but recent advances and new understandings in gene profiling, biomarker development, and AI and data analytics are steadily bringing these therapies closer to the individual patient every day.
Personalized medicines are increasingly being approved by FDA. In 2021, the agency cleared 17 such therapies—designed to treat specific anomalies or mutations in patients with genetic susceptibility to associated diseases. According to a recent study1, approvals for personalized medicines rose from under 10% to more than a quarter of all approvals in the last decade.
These drugs use biomarkers or mutations to identify alternative treatment plans for certain patients, while also considering patients’ social, economic, and environmental...