Genomic Health Launching a Paradigm Shift and an Innovative New Test Stefanos Zenios Robert Chess Lyn Denend 2006
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Genomic Health, the leading medical genetics and precision oncology testing company, launched in 2006 its innovative new test for non-small cell lung cancer, a rare form that causes only 10% of lung cancers in the US and 20% globally. The innovative test combines gene sequencing with the power of artificial intelligence (AI) to deliver information from one to two million genetic markers to the lungs for a cost less than half of that for the traditional gene sequencing approach. The Gen
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Genomic Health (GHI) is poised to deliver an exciting new approach to personalized medicine, in partnership with the world-class medical community at the University of Southern California (USC). With a remarkable combination of technology and clinical expertise, GHI is on the brink of an evolution in healthcare that will transform diagnosis, monitoring, and care. Today I have been lucky enough to attend the launch of GHI’s groundbreaking new test, the Genomic Testing Platform (GTP), with the team from US
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“Genomic Health is a genomics pioneer that is about to launch an innovative new test that can revolutionize the diagnosis and treatment of disease by unlocking the mysteries of genetic variation. As an industry insider, I can tell you this is an exciting opportunity that offers huge potential for both shareholders and staff. For shareholders, this could be an amazing opportunity to achieve a market capitalization of up to $2.5bn with a net present value (NPV) of around $4bn. For staff, it could be a chance
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Genomic Health has been developing an innovative new test that offers a new paradigm shift in the healthcare industry by offering personalized medicine to individual patients. next It is being marketed as an affordable alternative to traditional, laborious blood tests that often reveal only 30% to 50% of the underlying causes of illnesses. In its new, faster, simpler, and less expensive format, it enables customers to get a complete picture of their health and wellness in just two to four weeks, compared to many months in a traditional testing setting. With an average
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In March 2006, a team of scientists and executives from Genomic Health, a Seattle-based company, visited me. Our meeting took place at their corporate headquarters in Redwood City, CA. We sat across from each other, and the atmosphere was calm and focused. I remember saying to myself, “They’re taking Genomic Health seriously, and they want to use this meeting as an opportunity to showcase their new diagnostic test for breast cancer.” What did Genomic Health present us with during this meeting? Their new “CIS-
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I attended the 25th anniversary of the discovery of DNA as the “building block of life’s genetic code” of Robert Crippen, MD at the prestigious Clinical Genome Sequencing and Systems biology Workshop 2006, which took place at the Stanford University in California. As Robert, my mentor, and a Nobel laureate in Physiology/Medicine, once said to me, the future is “Genomic Genius.” The workshop was conducted under the auspices of National Can