Strategic Approaches to Developing and Commercializing Companion Diagnostics

April 22, 2020 12:00 PM - 1:00 PM

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Add to Calendar 4/22/2020 12:00:00 PM 4/22/2020 1:00:00 PM Strategic Approaches to Developing and Commercializing Companion Diagnostics The COVID-19 pandemic has proven the importance of diagnostic tests in overcoming healthcare crises and saving lives; but it has required rapid scale up and deployment of point of care and lab based tests hopefully with lessons learned for the future. Join us to learn more about the journey of developing a companion diagnostic from discovery through commercialization.

Precision medicine is an emerging method that factors in an individual’s molecular profile, environment, and lifestyle in order to prevent, diagnose, and treat diseases more effectively. It’s about considering individual differences in the course of prevention, diagnosis, and treatment.

Patients can be classified into subgroups based on how susceptible they are to certain diseases, how those diseases will develop, or how they’ll respond to particular treatments. This information can then be used to predict what the most effective course of action will be. Companion Diagnostics are tools employed to identify those patients who are most likely to benefit from a particular therapeutic product, highlight those at increased risk for serious side effects, and monitor treatment response.

But what about those tasked with bringing precision medicine tests and treatments to the market? What are they doing, what challenges do they face, and how are they working with stakeholders within the wider healthcare ecosystem? We’ll follow the journey of developing a companion diagnostic from discovery through commercialization and answer those questions in this informative forum. Please come prepared with your questions.

Sponsored by the Medtech/Digital Health working group.

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CEO, Scipher Medicine
A global business leader and entrepreneur at heart, Alif draws from his scientific background in systems biology, network theory, and engineering at Scipher. Alif has successfully led cross-disciplinary teams in technology and business across Asia, Europe and the Americas – raising over $225 million in venture and private equity capital. Previously with BCI (acquired 2000), Alfa Laval (IPO 2002), and Myriant (acquired 2014), Alif received his MSc degree in Chemical and Genetic Engineering from Lund Institute of Technology, Sweden.