How will healthcare change as it becomes more personalized?
Therapeutic drugs are likely to be produced for treatments based on the our DNA, letting us live longer and healthier.
Studies show that up to 80% of patients don’t benefit from the 10 most commonly prescribed drugs for common diseases. DNA analysis of individual genomes can help physicians provide medicines that best match an individual.
Drug prices may also come down as artificial intelligence (AI), blockchain, and big data eliminate inefficiencies in drug discovery and development. Pharmaceutical companies can cut drug development costs and lower prices without sacrificing profits. Expanded AI and diverse data can dramatically accelerate analytics. Big data can gather information from electronic medical records, DNA repositories, and health and fitness apps for smart medicine. This enables a large real-time library of biological data enabling more accurate analysis.
Blockchain provides a digital ledger for activity logs in a transparent, secure, and accessible format. Blockchain technology could be a safer way to make drug development more transparent.
Implications for the future:
- Advanced and personalized medicine based on DNA will give patients a better chance of recovering.
- Lower drug prices due to drug research and development will make them more accessible. Low-income earners will gain access to certain drugs.
- The more people have access to medicines, the better they can control and treat their illnesses, giving them the opportunity to recover and live longer.
Sources:https://www.sciencedirect.com/.../pii/S1098301513018615, https://blog.crownbio.com/pdx-personalized-medicine, , https://www.innoplexus.com/.../ai-blockchain-big-data.../, https://www.pharmaceutical-technology.com/.../can-ai.../, https://insights.dice.com/.../how-a-i-blockchain-big.../