2015, Precision Medical (Precision Medicine) with the fire of gene sequencing; in 2016, under the catalysis of overseas-related stimulus and favorable policies of new drugs, new shares, accurate medical once again sprung up everywhere.

From diagnosis to treatment, the use of precision medical means can not only improve medical efficiency, reduce side effects of drugs, but also greatly save medical expenses. Therefore, precision medicine has been highly valued by governments at home and abroad. The tens of billions of dollars in opportunities in the field of precision medicine have also caused more and more international pharmaceutical giants and venture capital institutions to compete for the layout.

Liu Yu, the well-known venture capital of Australian Banking Capital, said in an interview with reporters: "The future space of this market may reach trillions of yuan. At present, the size of the Chinese market is still less than 10 billion, but the valuation of related companies is close. 100 billion yuan. However, for good projects, we are willing to give higher tolerance."

Recently, the US precision medical star Celator Pharmaceutical Co., Ltd., its stock price hit an 18-day skyrocketing wealth myth, shocking the Nasdaq market. A-shares, which have traditionally followed the major new themes of US stocks, have recently made changes in the precision medical sector. All stocks such as Anke Bio, Beilu Pharmaceutical and Qianshan Pharmaceuticals have all risen. Is there a chance for further Nuggets in the A-share sector that has been on fire for several years? Behind the 100 billion market, what other problems need to be solved?

After 6 years, the market will reach 88 billion US dollars

Precision Medicine is a medical model based on patient “customization”. With gene sequencing, proteomics technology, and cross-application of biological information and big data science, it can achieve more precise treatment than traditional methods.

Traditional empirical medicine leads to waste of medical resources and poor medical results. According to statistics, the annual waste of the US medical system due to unnecessary treatment and ineffective treatment is as much as $750 billion, equivalent to 30% of total medical expenses. Dr. Gong Zhaolong, a well-known expert in the development of new drug development and former senior drug reviewer of the US Food and Drug Administration (FDA), recently publicly stated at a medical conference that an oncology drug is effective only on 25% of the oncology group. And precision medicine can break this situation, and individualized and precise medications, including the type and dosage of medicines, for each person's situation. "This is the future direction of development."

Based on personal genomic information, precision medicine is an individualized medical treatment based on human molecules that is based on biomolecules. It is the best treatment for patients to achieve maximum therapeutic effect and minimize side effects. The reporter noted that although precision medicine is a relatively new thing, this concept has been more or less in the field of medical health for many years.

To further understand the opportunities in the precision medical market, the reporter reviewed the Global Precision Medical Market (2015~2022) Report released by the market research organization Research and Markets late last year. According to the report, by 2022, the global precision medical market will reach US$88 billion. From 2015 to 2022, the industry's compound annual growth rate is expected to be 12.6%. North America and Europe will become the leaders in the precision medical market.

The report also pointed out that most of the current breakthroughs in the precision medical industry come from advances in cancer medical technology. In 2004, the probability of getting a correct treatment for a patient diagnosed with cancer was 10%, and the current rate has reached 70% to 80%.

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