{"id":177013,"date":"2017-02-13T08:47:05","date_gmt":"2017-02-13T13:47:05","guid":{"rendered":"http:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/china-aims-for-share-of-precision-medicine-arkansas-online\/"},"modified":"2017-02-13T08:47:05","modified_gmt":"2017-02-13T13:47:05","slug":"china-aims-for-share-of-precision-medicine-arkansas-online","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/transhuman-news-blog\/gene-medicine\/china-aims-for-share-of-precision-medicine-arkansas-online\/","title":{"rendered":"China aims for share of precision medicine &#8211; Arkansas Online"},"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 baby's 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 $625    million reverse merger. And Leung's 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>    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 China's    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, who's 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>    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    person's 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    isn't enough, and there must also be background information on    a patient's lifestyle and medication history.  <\/p>\n<p>    Precision medicine applications also require heavy investment    to store large amounts of information. A whole genome is more    than 100 gigabytes, according to an e-mailed response to    questions from Edward Farmer, WuXi NextCode's 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 island's 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>    \"Genomics today is like the computer industry in the '70s,\"    said Hannes Smarason, WuXi NextCode's co-founder and chief    operating officer. \"We've made great progress but there's still    a long way to go.\"  <\/p>\n<p>    In China, Wuxi NextCode now offers consumers genetic tests that    cost between about $360 and $1,160, 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 planet's    most populous nation. WuXi NextCode announced a partnership    with Huawei Technologies Co., China's 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>    Another Chinese player, iCarbonX, which received a $200 million    investment from Tencent Holdings Ltd. and other investors in    April, is valued at more than $1 billion. It announced last    month that it had invested $400 million in several health data    companies to enable the use of algorithms to analyze reams of    genomic, physiological and behavioral data to provide    customized medical advice directly to consumers through an app.  <\/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 percent 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    country's 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 Iceland's population. U.S.-based Genentech Inc. is    collaborating with Silicon Valley startup 23andMe to study the    genetic underpinnings of Parkinson's disease.  <\/p>\n<p>    \"Humans are computable,\" said Wang Jun, the chief executive    officer of China's iCarbonX. \"So we need a computable model    that we can use to intervene and change people's status, that's    the whole point.\"  <\/p>\n<p>    SundayMonday Business on 02\/13\/2017  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Read the rest here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.arkansasonline.com\/news\/2017\/feb\/13\/china-aims-for-share-of-precision-medic\/?f=business\" title=\"China aims for share of precision medicine - Arkansas Online\">China aims for share of precision medicine - Arkansas Online<\/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. Leung opted for the simpler and less risky test, which analyzed bits of the baby's DNA that had made its way into her bloodstream.  <a href=\"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/transhuman-news-blog\/gene-medicine\/china-aims-for-share-of-precision-medicine-arkansas-online\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-177013","post","type-post","status-publish","format-standard","hentry","category-gene-medicine"],"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/177013"}],"collection":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/comments?post=177013"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/177013\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/media?parent=177013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/categories?post=177013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/tags?post=177013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}