Shaping Personalized Medicine through PartnershipsTuesday, 12 May 2015 at 09:00 Add to Calendar ▼2015-05-12 09:00:002015-05-12 10:00:00Europe/LondonShaping Personalized Medicine through PartnershipsPersonalised Medicine 2015 in CambridgeCambridgeSELECTBIOenquiries@selectbiosciences.com The deeper understanding of the molecular mechanisms of diseases creates an intrinsic need for diagnostic tools that can predict a patient response to a drug treatment. As a result the reality of drug development is no longer a well known and established process followed by biopharmaceutical companies. The increasing speed of technology innovation associated with biomarker discovery is shaping drug development and creating new business models. When a diagnostic is co-developed with a drug to guide its therapy, the aim is that the drug and diagnostic will be incorporated in clinical practice at the same time. Biopharmaceutical companies need simultaneous access to a variety of selection tools that are not part of their core capabilities and can only be made available through partnerships. Bringing together two industries, biopharmaceutical and diagnostics, which have very different business strategies, requires flexibility and creativity to deliver better patient outcomes. |