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The precision medicine market is valued at approximately 58,450 million in 2020 and expected to reach about 98,550 million at a CAGR of 9.2% over the forecast period. COVID-19 has affected many different areas of the precision medicine market. Amid the current pandemic, precision medicine is advancing at a breakneck speed. The Healthcare industry is focused on conducting precision medicine and genomics research to better understand COVID-19 susceptibility, measure its impact, and discover potential therapies. Precision medicine has spurred collaborative efforts between governments, medical institutions, and researchers to swiftly develop effective treatments. For instance, in 2020, the San Antonio Partnership for Precision Therapeutics announced funding for three projects that aimed at accelerating intervention for COVID-19. These projects will focus on how biological substances, such as proteins in the immune system and respiratory tract, affect the individual's responses to the ... Continue reading →

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Repurposing of marketed / shelved / pipeline candidates for the treatment of diseases (different from original target indications) has emerged as a viable business strategy. The rising popularity of this approach can further be attributed to various benefits, such as reduced development timelines, decreased investments and relatively higher success rates (considering that the safety profiles of such candidates have already been established).   To order this 250+ page report, which features 100+ figures and 140+ tables, please visit this - https://www.rootsanalysis.com/reports/drug-repurposing-service-provides.html   The USD 1.2 billion (by 2030) financial opportunity within the drug repurposing service providers market has been analyzed across the following segments: §  Type of Repurposing Approaches §  Disease-centric approach §  Target-centric approach §  Drug-centric approach §  Therapeutic Area §  Same ... Continue reading →

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