{"id":206383,"date":"2017-02-09T16:50:06","date_gmt":"2017-02-09T21:50:06","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/china-turns-to-precision-medicine-in-fight-against-cancer-bloomberg.php"},"modified":"2017-02-09T16:50:06","modified_gmt":"2017-02-09T21:50:06","slug":"china-turns-to-precision-medicine-in-fight-against-cancer-bloomberg","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/genetic-medicine\/china-turns-to-precision-medicine-in-fight-against-cancer-bloomberg.php","title":{"rendered":"China Turns to Precision Medicine in Fight Against Cancer &#8230; &#8211; Bloomberg"},"content":{"rendered":"<p><p>    When Nisa Leung was pregnant with her first    child in 2012, her doctor in Hong Kong offered her a choice.    She could take a prenatal test that would require inserting a    needle into her uterus,    or pay $130 more for an exam that would draw a little blood    from her arm.  <\/p>\n<p>    Leung opted for the simpler and less risky test, which analyzed    bits of the babys DNA that had made its way into her    bloodstream. Then, Leung went on to do what she often does when    she recognizes a good product: look around for companies to    invest in.  <\/p>\n<p>    The managing partner at Qiming Venture Partners decided to put    money into Chinese genetic testing firm Berry Genomics, which    eventually entered into a partnership with the Hong Kong-based inventor of the blood    test. Over the next few months, Berry is expected to be    absorbed into a Chinese developer in a 4.3 billion yuan ($625    million) reverse merger. And Leungs venture capital firm would    be the latest to benefit from a boom in so-called precision    medicine, an emerging field that includes everything from    genetic prenatal tests to customizing treatments for cancer    patients.  <\/p>\n<p>    Source: Qiming Venture Partners  <\/p>\n<p>    China has made the precision medicine field a focus of its 13th    five-year plan, and its companies have been embarking on    ambitious efforts to collect a vast trove of genetic and health    data, researching how to identify cancer markers in blood, and    launching consumer technologies that aim to tap potentially    life-saving information. The push offers insight into Chinas    growing ambitions in science and biotechnology, areas where it    has traditionally lagged developed nations like the U.S.  <\/p>\n<p>    Investing in precision medicine is definitely the trend,    said Leung,whos led investments in more than 60 Chinese    health-care companies in the past decade. As China eyes    becoming a biotechnology powerhouse globally, this is an area    we will venture into for sure and hopefully be at the forefront    globally.  <\/p>\n<p>    New Chinese firms like iCarbonX and WuXi NextCode that offer consumers ways    to learn more about their bodies through clues from their    genetic make up are gaining popularity. Chinese entrepreneurs    and scientists are also aiming to dominate the market for    complex new procedures like liquid biopsy tests, which would    allow for cancer testing through key indicators in the blood.  <\/p>\n<p>      iCarbonX founder Wang Jun.    <\/p>\n<p>    Photographer: Calvin Sit\/Bloomberg  <\/p>\n<p>    Such research efforts are still in early stages worldwide. But    doctors see a future beyond basic commercial applications,    aiming instead for drugs and treatment plans tailored to a    persons unique genetic code and environmental exposure, such    as diet and infections.  <\/p>\n<p>    Isaac Kohane, a bioinformatics    professor at Harvard University, says when it comes to    precision medicine, the science community has Google maps    envy. Just as the search engine has transformed the notion of    geography by adding restaurants, weather and other    locators,more details on patients can give doctors a    better picture on how to treat diseases.  <\/p>\n<p>    For cancer patients, for example, precision medicine might    allow oncologists to spot specific mutations in a tumor. For    many people with rare ailments like muscle diseases or those    that cause seizures, it allows for earlier diagnosis. Pregnant    women, using the kind of tests that Leung used, could also    learn more about the potential for a child to inherit a genetic    disease.  <\/p>\n<p>    The global interest in the field comes as the cost of    sequencing DNA, or analyzing genetic information, is falling    sharply. But a number of hurdles remain. Relying on just genes    isnt enough, and there must also be background information on    a patients lifestyle and medication history.  <\/p>\n<p>    Precision medicine applications also require heavy investment    to store large amounts of information. A whole genome is over    100 gigabytes, according toan e-mailed response to    questions from Edward Farmer, WuXi NextCodes vice-president of    communications and new ventures. So you can imagine that    analyzing thousands or hundreds of thousands of genomes is a    true big data challenge.\"  <\/p>\n<p>    WuXi NextCode was formed after Shanghai-based contract research    giant WuXi AppTec Inc. acquired genomic analysis firm NextCode    Health, a spin-off from Reykjavik, Iceland-based Decode    Genetics, which has databases on the islands population. Wuxi    NextCode continues to have an office in Iceland, where the    population is relatively homogenous and therefore good for gene    discovery.  <\/p>\n<p>    Source: WuXi NextCODE  <\/p>\n<p>    \"Genomics today is like the computer industry in the 70s,\"    said Hannes Smarason, WuXi NextCodes co-founder and chief    operating officer. \"Weve made great progress but theres still    a long way to go.  <\/p>\n<p>    In China, Wuxi NextCode now offers consumers genetic tests that    cost between about 2,500 yuan and 8,000 yuan, providing more    details on rare conditions a child might be suffering from or    even the risk of passing on an inherited disease.  <\/p>\n<p>    China is diverse and with 1.4 billion people, the planets most    populous nation. WuXi NextCode announced a partnership with    Huawei Technologies Co.,Chinas largest    telecommunications equipment maker, in May to enable different    institutions and researchers to store their data.  <\/p>\n<p>    The goal is to use that deep pool of information -- which    ranges from genome sequences to treatment regimens -- to find    more clues on tackling diseases. WuXi says that this will in    many instances enable the largest studies ever undertaken in    many diseases.  <\/p>\n<p>        The most important market news of the day.      <\/p>\n<p>        Get our markets daily newsletter.      <\/p>\n<p>    The global precision medicine market was estimated to be worth    $56 billion in revenue at the end of 2016,with China    holding about 4 to 8 percent of the global market, according to    a December report from Persistence Market Research.  <\/p>\n<p>    Encouraging interventions for some patients too early, even    before they have life-threatening diseases, comes with risks    and ethical questions, Laura Nelson Carney,an analyst at    Sanford C Bernstein, wrote in a Jan. 6 note. Still,    precision medicine research has many benefits, and some in    China see the countrys push as a significant opportunity \"to    scientifically leapfrog the West, she said.  <\/p>\n<p>    In the U.S., universities, the National Institutes of Health    and American drugmakers are part of a broad march into    precision medicine.  <\/p>\n<p>    Amgen Inc. bought Icelandic    biotechnology company DeCode Genetics for $415 million in 2012,    to acquire its massive database on Icelands population.    U.S.-based Genentech Inc. is collaborating with Silicon Valley    startup 23andMe to study the genetic underpinnings of    Parkinsons disease.  <\/p>\n<p>    Humans are computable,\" saidWang Jun, the chief    executive officer of ChinasiCarbonX. \"So we need a    computable model that we can use to intervene and change    peoples status, thats the whole point.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>See the article here: <\/p>\n<p><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-02-08\/china-biotech-turns-to-big-data-as-next-weapon-in-war-on-cancer\" title=\"China Turns to Precision Medicine in Fight Against Cancer ... - Bloomberg\">China Turns to Precision Medicine in Fight Against Cancer ... - Bloomberg<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> When Nisa Leung was pregnant with her first child in 2012, her doctor in Hong Kong offered her a choice. She could take a prenatal test that would require inserting a needle into her uterus, or pay $130 more for an exam that would draw a little blood from her arm.  <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/genetic-medicine\/china-turns-to-precision-medicine-in-fight-against-cancer-bloomberg.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-206383","post","type-post","status-publish","format-standard","hentry","category-genetic-medicine"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/206383"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=206383"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/206383\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=206383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=206383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=206383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}