"We believe big data and artificial intelligence is the future of personalized medicine."
DigitalDx Ventures I, L.P. is focused on investments that help doctors better understand their patients’ condition and make more personalized and effective treatment decisions. Simply stated, this is the future of medicine. It is the largest opportunity emerging in the big data field of medicine. Few VCs truly understand the value of this area. Our team does, and is the leading force behind the most successful companies in this field. The principals have already demonstrated the ability to find, support and create enormous value on both the venture and company sides. For example, our Team was early in utilizing genomic testing and the process of using CLIA lab certification to provide Laboratory Developed Tests to patients and providers more quickly, eliminating the delays and costs commonly associated with FDA approval. Not only healthcare providers, but also payers support this type of clinical testing for its cost-effective benefits.
The practice of Medicine has changed dramatically in the past twenty years. Doctors have gone from not enough data on a patient, to far too much data to understand. As a patient’s genomes, epigenomes and microbiomes become more important, a doctor now must understand billions of data points to effectively diagnose and treat each patient individually. As medicine becomes increasingly personalized, solutions for every patient are different: drug susceptibility and effectiveness vary with every patient, every cancer is different as it grows rapidly and haphazardly, and every pathogen is adapting to antibiotics and finding a way around them. As we better understand our bodies at the molecular level, we start to appreciate our true complexity.
This means that diagnostics is becoming increasingly important to the practice of medicine. Medicine has become a “big data” field. Every treatment needs to be personalized to that particular patient’s uniqueness. Some drugs will work for an individual patient, while other drugs will not work. A patient’s microbiome will change every day as they eat different foods. This means a patient’s uniqueness won’t even stand still; important parts will be changing all the time. And as such, diagnostics and treatment must also change and evolve.
The amount of information coming from our blood, saliva, fecal matter and urine is vast and can indicate serious illnesses well before the patient, or doctor, even thinks to investigate.
The typical human body contains 100 trillion cells, each with 3+ billion DNA base pairs, harboring life critical information we need to harness, parse and interpret. Each individual has even more microbiome elements living inside their bodies and influencing their health. Doctors need help from Artificial Intelligence to sort out the vast amount of data on every patient if we are to get out in front of these diseases and be more effectively proactive in health and wellness.
Healthcare spending is rapidly increasing.
Huge investments are being made in:
• Better Prevention
• Earlier Detection with strong specificity and sensitivity
• Cost-Effective Care
"Med-tech market including diagnostics and digital health is projected to reach $478 billion by 2020. "
Deloitte 2017 Global Life Sciences Outlook
"In vitro diagnostics continues to be one of the fastest-growing areas and is projected to reach $67.3 billion by 2022."
Silicon Valley Bank: Trends in Healthcare, Investments and Exits Mid-Year 2017
“We have now (for the first time) approved a drug based on a tumor’s biomarker without regard to the tumor’s original location.”
Dr. Pazdur, Director, Oncology Center of Excellence, FDA