- The global precision medicine market is estimated to reach $84.6 billion by 2024
- Predictive Oncology is bringing cutting-edge technology to cancer research to develop highly customizable assessment methods that improve patient outcomes
- POAI leverages unique competitive advantage that stems from readily available access to historical data on tumor profiles and their drug responses
Precision medicine, an approach that seeks to understand the genetic makeup of a patient’s tumor in order to customize a drug targeting the particular gene type for each patient, offers tremendous potential for the treatment of a number of diseases. Predictive Oncology Inc. (NASDAQ: POAI), a data and artificial-intelligence-driven precision medicine company that develops models that predict tumor drug response, possesses a unique competitive advantage in this space, which Mordor Intelligence Inc. estimates will grow at a CAGR of 9.7%, reaching $84.6 billion by 2024 (http://nnw.fm/aLp0V).
Despite the industry’s optimistic outlook, technology used in precision medicine faces a serious obstacle due to the lack of available data to enable its application. Pharmaceutical companies have invested heavily in…
NOTE TO INVESTORS: The latest news and updates relating to POAI are available in the company’s newsroom at http://nnw.fm/POAI
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