Stakeholders Looking Into Growing Precision Medicine Business
Precision medicine, promoted by the
"Our goal is to look at what would be a new economic driver for
McGee, who was economic development commissioner under former Gov.
Health care has been identified as an area of strong potential growth in
The key question is how data sharing and precision medicine will drive economic growth, particularly employment.
"How do we create the jobs?" asked
Genetic counseling is one possible source of job growth.
"We don't have land or oil, but we have intellectual capital," he said.
"They can't lead this effort," he said.
The
"It will give low-income patients access to some of the best researchers in the country," said Masselli, who with
Obama's precision medicine initiative seeks 1 million or more volunteers who will provide biodata on a continuing basis, with the information shared in research studies. The intent is to quantify estimates of risk for diseases by examining environmental exposures and genetic factors, discover biological markers that indicate higher or lower risk of developing common diseases and develop solutions to health disparities.
McGee acknowledged that promoting the new industry might rely too much on optimism.
"It is a little bit of blue sky, but how do you create a major economic driver?" he asked.
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