The Emerging Field of Precision Medicine – The New Paradigm for Healthcare

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Global Perspectives on Precision Medicine

Part of the book series: Advancing Global Bioethics ((AGBIO,volume 19))

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Abstract

Precision medicine is anticipated as the emerging approach to medicine that will make more effective prevention, diagnosis, and treatment, by develo** a “deep understanding” of patients’ genetic and genomic information, thereby moving away from the current “one-size-fits-all” treatment. Since the launch of the Precision Medicine Initiative in 2015 by the Obama administration, the United States, along with countries including Canada, the United Kingdom, and Estonia is working towards a precision medicine priority through the development of national biobanks that are essential components for providing the “big data.” National biobanks are critical for different countries as they not only collect valuable data and biological samples but also add to the critical knowledge that can impact the needed understanding for the success of PM. As such most countries are in this race to implement a PM initiative. Although, PM is held at a high esteem as the innovative technology in healthcare, it has been argued that implementing PM into routine clinical setting will need to address considerable challenges that include addressing ethical issues and making sure PM research and technology is equitable and aligned with the needs of the global population. This chapter gives an overview of PM, and the anticipated issues.

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Sarwar, E. (2023). The Emerging Field of Precision Medicine – The New Paradigm for Healthcare. In: Global Perspectives on Precision Medicine. Advancing Global Bioethics, vol 19. Springer, Cham. https://doi.org/10.1007/978-3-031-28593-6_2

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