Molecular diagnostics and personalized medicine: value-assessed opportunities for multiple stakeholders

Per Med. 2010 Mar;7(2):143-161. doi: 10.2217/pme.10.1.

Abstract

Acceptance and operation of a personalized medicine strategy within modern healthcare requires that all key stakeholders are able to understand and assess the benefits offered by the approach. In addition to the technological aspects of molecular diagnostics, as enablers of personalized medicine, stakeholders must also be apprised of the value-adding effects of the strategy in terms of improved treatment efficacy and health economics. This review attempts to cover these broad stakeholder interests by articulating the scientific feasibility, the beneficial medical outcomes and the commercial attractiveness offered by the integration of molecular diagnostics and personalized medicine into healthcare systems, principally by demonstrating how technology integration and value addition can be robustly assessed and represented.

Keywords: biologicals; companion diagnostics; drugs; pharmaceuticals; pharmacogenetics; prediction; prevention; value assessment.