Precision medicine is a new approach to disease management and treatment that takes into account the genetic makeup, lifestyle and environment of each individual patient. The healthcare industry is shifting from a one-size-fits-all approach to a focus on precision medicine, which allows physicians and researchers to apply treatments that are best tailored to each person.
"Empowered by the cost declines of next generation DNA sequencing ((NGS)), diagnostic providers such as Veracyte (VCYT), Exact Sciences (EXAS), and Guardant Health (GH) are advancing personalized medicine by matching patients to precision therapies.