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Personalized Medicine Separates People into Different Groups, with Treatments Being

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Personalized medicine separates people into different groups, with treatments being tailored to the individual patient based on their predicted response or risk of disease. Personalized medicine is enabled by new diagnostic and monitoring approaches that provide understanding of the molecular basis of disease, particularly genomics. Entrepreneurial opportunities for software and hardware that arise in personalized medicine are made possible by


Definitions:

Discount Rate

In DCF analysis, this is the rate used to ascertain the present value of forthcoming cash flows.

Gear Ratio

The ratio between the rates at which the last and first gears in a series turn, affecting the vehicle's performance and fuel efficiency.

Reduction Range

A gearset or mechanism designed to reduce the input speed to a lower output speed, increasing torque in applications like vehicle transmissions.

Idle Rpm

The rotational speed of an engine (in revolutions per minute) when it is idling, or running without any load or acceleration.

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