Precision medication is one of the most-discussed topics in the modern health science, especially in the cancer treatment. Though there is an alarming number of increase in the number of cancer patients across the globe as well as in the United States, the advancement of some companies in the healthcare sector giving a ray of hope for better survival rates in future. Among the companies, the firm initiated by leading entrepreneur Eric Lefkofsky, Tempus, is offering something promising for the future.
Though the firm began its journey less than three years back, it introduced an innovative idea of cancer treatment governance. Interestingly, Lefkofsky’s personal experience led him to establish Tempus as he identified that the industry was not using the advancement of digital technology, data collection, and other technologies to make the treatment delivery more effective. Therefore, the firm founded in 2015 to collect and analyze the molecular as well as clinical data of cancer patients for helping the physicians to derive the most effective treatment procedure for them and future patients.
Interestingly, the firm also developed a platform to help the physicians to analyze the molecular and clinical data of patients. It also laid out plans to develop an analytics software to improve the treatment delivery. It also developed an operating system that works using natural language processing to capture the data. Each patient note and other data are captured in a structured manner in it. While coming to the molecular data, the firm collects genomic information through the novel human genome sequencing. Considering the modern day cancer treatment is executed at the cellular and molecular level, the molecular data will be the biggest factor of treatment in the coming days.
Apart from being the co-founder of Tempus, Lefkofsky is also known for co-founding a number of companies. Some of them include Lightbank, Mediaocean, Groupon, InnerWorkings, Uptake, and Echo Global Logistics.
Lefkofsky has more than two decades of expertise in entrepreneurial ecosystem and started his business adventures immediately after graduating from the college. He is also very active in philanthropic contributions, and along with his wife, Lefkofsky founded his charity group called Lefkofsky Foundation in 2006. It is focusing on children and investing in educational and scientific causes across the world.