Frost & Sullivan hosts a complimentary briefing discussing growth opportunities expanding for NGS in precision medicine, molecular diagnostics, and big-data analytics

 SANTA CLARA, Calif. July 19, 2017

WHEN:          Wednesday, 9th August 2017 at 11:00 am EDT

LOCATION:   On-line, with Complimentary Registration

SPEAKERS:  Dr. Misha Kapushesky, CEO of Genestack

                       Neelotpal Goswami, Senior Industry Analyst, Life Sciences, Frost & Sullivan

                       Piyush Bansal, Senior Industry Analyst, Life Sciences, Frost & Sullivan

Next-generation sequencing (NGS) has emerged as a key technology to deliver the next level of healthcare solutions. While the $1,000 genome was achieved in 2015, Frost & Sullivan predicts the $100 genome to be reached by 2024. The significant dip in cost of genomic profiling and analysis has opened numerous avenues in the pharma and diagnostic space, especially in the area of precision medicine.

To attend the webinar, please click here or email Mariana Fernandez, Corporate Communications: mariana.fernandez@frost.com

To cater to the burgeoning big genomic data processing and analysis requirements, NGS services and informatics players have built capabilities in areas such as cloud computing and big data analytics to offer seamless genomic solutions at an optimized cost. Most of these developments have been focused on key growth areas such as drug developmentprecision medicineclinical diagnostics, and multiomics.

“Strong focus on developing precision and personalized therapies will be the key industry growth driver. We expect a strong increase in the launch of large scale genome sequencing projects from pharmaceuticals and biotech companies to support their genomics drug development programs,” explained Piyush Bansal, Life Science Senior Industry Analyst, at Frost & Sullivan.

However, even as market applications widen, companies face challenges to find acceptance from pharmaceuticals and biotech companies stakeholders to build a commercially viable business model. This is primarily because of limited development of clinical application.

“As the industry matures, vendors have started developing customized end-to-end solutions to cater to the changing customer requirements. Additionally, developments in the regulatory approval policy for NGS-based therapies across geographies will support growth,” added Neelotpal Goswami, Senior Industry Analyst, Life Sciences, Frost & Sullivan.

This session will delve into the key market opportunities for NGS solution providers and expectations of client industries going forward. The session will offers viewpoints from industry stalwarts on how they envisage this situation and what can be done to meet existing business challenges.

Why You Must Attend:

  • Gain insights on unmet market opportunities in clinical applications of NGS.
  • Understand key challenges in the NGS space and how stakeholders plan to tackle them.
  • Participate in discussions on real case examples of how the industry is responding to these opportunities and challenges.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community.

Contact: 

Mariana Fernandez

Corporate Communications – North America

P: + 1 (210) 348 1012

Mariana.fernandez@frost.com

http://www.frost.com

twitter: @FS_Healthcare

LinkedIn: Transform Health

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

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