Precision Medicine: Balancing Patent and Ethical Considerations
This Bulletin is brought to you by AHLA’s Life Sciences Practice Group.
- October 16, 2024
- James Wabby , AbbVie, Inc.
Precision medicine is focused on developing treatments based on an individual’s lifestyle, genotype, and environment. The field of precision medicine continues to transform health care by utilizing genomics and proteomic disruptive innovation technologies to provide patients with curative therapies and precision intervention products at the right time. These technologies can predict a disease within an individual for action to be taken to prevent the disease from developing in years to come. Precision medicine technology patents are an important part of invention, and it is important to protect the intellectual property of the inventors, but this must be balanced with utilitarianism ethical questions pertaining to access to technologies, evolving innovation, and ensuring patient information is not misused.
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