| The microeconomics of personalized medicine: today's challenge and tomorrow's promise. | |
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MedLine Citation:
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PMID: 19300459 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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'Personalized medicine' promises to increase the quality of clinical care and, in some cases, decrease health-care costs. Despite this, only a handful of diagnostic tests have made it to market, with mixed success. Historically, the challenges in this field were scientific. However, as discussed in this article, with the maturation of the '-omics' sciences, it now seems that the major barriers are increasingly related to economics. Overcoming the poor microeconomic alignment of incentives among key stakeholders is therefore crucial to catalysing the further development and adoption of personalized medicine, and we propose several actions that could help achieve this goal. |
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Authors:
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Jerel C Davis; Laura Furstenthal; Amar A Desai; Troy Norris; Saumya Sutaria; Edd Fleming; Philip Ma |
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Publication Detail:
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Type: Journal Article Date: 2009-03-20 |
Journal Detail:
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Title: Nature reviews. Drug discovery Volume: 8 ISSN: 1474-1784 ISO Abbreviation: Nat Rev Drug Discov Publication Date: 2009 Apr |
Date Detail:
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Created Date: 2009-04-01 Completed Date: 2009-04-27 Revised Date: - |
Medline Journal Info:
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Nlm Unique ID: 101124171 Medline TA: Nat Rev Drug Discov Country: England |
Other Details:
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Languages: eng Pagination: 279-86 Citation Subset: IM |
Affiliation:
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McKinsey, 3075A Hansen Way, Palo Alto, California 94304, USA. |
Export Citation:
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APA/MLA Format Download EndNote Download BibTex |
| MeSH Terms | |
Descriptor/Qualifier:
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Delivery of Health Care
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economics,
trends Diagnostic Tests, Routine / economics, trends Drug Industry / economics, trends Economics / trends* Humans Personal Health Services / economics*, trends Pharmaceutical Preparations / economics Pharmacogenetics / economics, trends |
| Chemical | |
Reg. No./Substance:
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0/Pharmaceutical Preparations |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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