Eric Lefkofky’s Tempus Labs Provides Precision Medicine to Cancer Patients
Release Fact’s recent article, “Eric Lefkofksy’s Tempus Labs Uses Big Data Analytics to Revolutionize Cancer Medicine” by editor-in-chief, Brian Harris, describes the recent successes of the biotechnology company. Eric Lefkofksy is known as a leading entrepreneur with companies like Groupon and Echo Global. His latest venture, Tempus Labs, was created to provide precision medicine to cancer patients.
The article reveals that Tempus has had a large impact on the biotech space since its inception three years ago. It became recognized as one of the top startups in health tech by using genome sequencing and a library of data to create an interactive platform for cancer physicians. The platform allows the doctors to access data to perceive what medicine has worked historically for patients with similar diagnoses and body chemistry. This real-time data access permits the physicians to understand the patients’ individual tumor at the molecular level to give them actionable insights.
Some recent successes of Tempus Labs have been the groundbreaking technology that uses gene therapy to treat diseases previously determined as untreatable. For example, they use gene editing to target mutations that cause vision loss. They have also used machine learning technology to create an algorithm that identifies malignant and benign skin cancers. The algorithm is so advanced that it claims to match physicians’ ability to identify it.
The company is also testing technology like a smartwatch that monitors blood pressure, AI that looks for diseases in the eye like diabetic retinopathy, and glucose sensors that directly apply insulin.
Tempus was founded in 2015 after Lefkofsky experienced the diagnosis of a loved one. The company has been valued at $700 million and raised nearly $130 million in funding. They focus specifically on genome sequencing to provide real-time information to physicians so they can make decisions backed by data. The company has collaborated with a variety of top research universities and cancer centers around the nation.
Eric Lefkofksy resides in Chicago with his wife. He has become one of Chicago’s premier entrepreneurs and philanthropists. He is on the board of the Art Institute of Chicago, Lurie Children’s Hospital, and The Museum of Science and Industry. He also co-founded the Lefkofsky Family Foundation with his wife. They seek to provide initiatives in human rights, art, culture, and education that can have a high impact.
Learn More: lefkofskyfoundation.com/about-eric-lefkofsky/