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Precision Medicine Gaining Popularity Rapidly in the Healthcare Industry

Jan 15, 2018 4:47:07 AM / by BIS Research posted in Cancer precision medicine market, Precision medicine market growth, Precision medicine market research, Healthcare & Medical, Global Precision Medicine Market, Global Precision Medicine Market Analysis and Fore, Precision medicine market analysis, Precision medicine market report, Precision medicine market size, Precision medicine market trends

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A majority of medical treatments follow the "one-size-fits-all” approach in terms of medicinal therapies, but the medicines do not necessarily work for every patient in a similar way. Precision medicine, also known as personalized medicine, is an innovation in the healthcare industry which solves the dilemma of patients on whom medicines do not work. This innovative solution tailors disease treatments and prevention by recording specifications of different patient’s genes, habits, and lifestyles. This is a targeted therapy which delivers right treatment to the right patient, at the right time. With the advancements in the field of precision medicine, the U.S. Food and Drug Administration (FDA) has approved a number of new treatments which take into account the genetic makeup and genetic profile of an individual’s tumor to tailor the treatment for patients accordingly.

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