The NantHealth subsidiary of NantWorks, a company founded by the healthcare entrepreneur and former surgeon Patrick Soon-Shiong, has partnered with Blue Shield of California to create a personalized medicine center, the Los Angeles Times reports. The center will be created in conjunction with St. John's Health Center in Santa Monica. In a statement, NantWorks says that its supercomputing approach can reduce genomic analysis time from eight weeks to 47 seconds per patient while increasing accuracy.
"We believe the combination of technologies Patrick has pulled together holds the possibility of truly transforming healthcare," Blue Shield's president Paul Markovich tells the LA Times. "There is a lot of what I describe as informed trial and error when it comes to treatment now." Blue Shield is investing $3 million in the center.
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