Most people are familiar with someone who has been diagnosed with cancer. This is because of the fact that about 40 percent of the Adult population residing in America have been diagnosed with the disease. A report by the National Cancer Institute showed that an estimated 14.5 million American citizens were battling with the illness in 2014. Unfortunately, this numbers are likely to increase to over 19 million by 2024. Groupon Tempus’s co-founder Eric Lefkofsky is spearheading a move to medicine with data-enabled precision
Lefkofsky discovered alarming shortcomings in data collection and digital collections in cancer treatment. This was after his wife contracted cancer. Although data was collected on cancer treatment, little had been done to achieve substantive results.
Tempus aims to bring about change in delivery of care to cancer patients. This is through analyzing the molecular and clinical data of cancer patients. The firm has had to conquer many challenges to meet these goals. Their commitment to cancer treatment has seen them design solutions to this challenges.
Tempus uses a method commonly called human genome sequencing. This was first done in the year 2003 and costed over $100 million. However, the cost has gone down over the years to just $5000. Tempus is determined to further bring down this cost so it can be affordable to patients.
Eric lefkofsky was born in the year 1969. He graduated in 1991 from the University of Michigan. He then graduated from the University of Michigan Law School in the year 1993. His entrepreneurship attitude saw him acquire an apparel firm with Brandon Apparel in Wisconsin (US). He then created a product-marketing company in 1999. Eric Lefkofsky became a co-founder of Inner Workings, a company that offered print procurement services, in 2001.
His entrepreneurship skills saw him partner with Keywell to create Echo Global Logistics, a firm that dealt in freight logistics. They later launched a firm called MediaBank, which later became MediaOcean. This firm provided an accounting, analysis and planning software to buyers in advertising. Lefkofsky co-founded Tempus in 2016. This firm was created to help cancer patients.