The personalized care approach demands a deep understanding of the patient’s needs, medicinal preferences, and behavioral care.
While life sciences and healthcare industries focus on patient-centricity, a medical model of personalized medicine has emerged. This model uses a person’s phenotypic and genotypic characteristics such as molecular profiling, medical imaging, and lifestyle data to customize the right therapeutic strategy for the person at the right time.
This medical model promises personalized care but has challenges in meeting regulators’ expectations; there is a clear need for more adaptable regulatory pathways to promote personalized treatments. We believe the regulatory affairs (RA) teams of pharma majors can play a pivotal role in influencing the regulatory landscape design that aids faster approvals for this line of treatment.
Personalized medicine helps determine a person’s predisposition to a disease and facilitates timely and targeted prevention and/or treatment.
Personalized medicine offers the promise of good health, of longevity. Aside from improving the overall health of a patient, it helps make medical decisions and improves treatment accuracy. Based on learnings gathered from an individual’s genotype, phenotype, lifestyle, and environment, personalized medicine ensures access to tailored and focused care.
Personalized medicine provides rational pharmacotherapy, which means prescribing the right drug to the right patient in the right dose at the right time, thereby lowering the overall burden of medical expenses. It helps patients receive optimal treatment, lowering the risk of induced damage. Given that personalized medicine capitalizes on the developments in genetics, molecular biology, and biochemistry, its scope and sphere of influence are increasing by the day.
While opportunities galore, there are challenges that will need to be tackled in order to reap the benefits of personalized medicine.
Some of the most evident challenges are:
Pharma companies rely on their regulatory affairs team for more defined regulatory approaches for patients to benefit from personalized treatments.
The expected inputs from regulatory affairs are:
Personalized medicine can truly transform how serious diseases are diagnosed and treated. The input from the regulatory affairs teams can help develop a well-defined and established regulatory framework with clear pathways, which can speed up registration management with the health authorities and improve patients’ access to personalized medicine.
It is pertinent to note that while regulatory affairs teams help organize the regulations side of things, pharma companies must work toward adopting newest technologies to streamline operations leading to regulatory compliance and improved outcomes. Advancements in artificial intelligence, big data, blockchain, and data analytics are revolutionizing patient risk predictions, and a well-defined and established regulatory framework offers greater potential for innovations meeting tomorrow’s needs.