Moses & Singer LLP Attorney Linda Malek Leads Panel on “Personalized Medicine” for the American Bar Association.
| PR Web |
“Personalized medicine” uses information about a person’s genes, proteins and environment to prevent, diagnose and treat their condition. While this is not a particularly new approach, rapid advancements are prompting greater attention among researchers, government agencies, private sector industries, payors and the media.
Panelists agreed that patients have concerns regarding privacy and confidentiality, use and ownership of tissue and data and equity in testing. The high personal cost of targeted and experimental therapies and potential lack of insurance coverage further clouds personalized medicine's promise. While physicians, pharmaceutical companies and insurers see great opportunities for advancement, they share concerns over delivery costs as well as liability risks and training issues.
“From a legal perspective, the personalized medicine community needs to establish key guidelines to secure privacy and security in the handling of identifiable data, ensuring compliance as well as establishing a best practices approach and obtaining consent,” noted Linda. “Ethical questions need to be answered upfront, so that patients understand who has access to data and how this impacts their course of treatment.”
Another concern centers on ownership of outcomes from personalized medicine therapies. Panelists noted that diagnostic patents may be harder to obtain in the future, requiring a narrowing of claims to avoid “pre-emption of natural law.”
“The entire ethical and legal landscape is rapidly evolving as the technology in this area emerges,” noted Linda. “Before pursuing these therapies, health care institutions and the pharmaceutical industry need a set of professional standards against which to manage their businesses and the well being of their patients.“
-----------------------------------------------------------------------------------------------------------
Read the full story at http://www.prweb.com/releases/healthcare_law/privacy_law/prweb11435734.htm
| Copyright: | (c) 2013 PRWEB.COM Newswire |
| Wordcount: | 409 |


Advisor News
- SEC moves to simplify electronic delivery of investor communications
- Nearly half of nonretirees doubt they will fully retire
- How much could failure to fund Social Security cost average Americans?
- How can more Americans achieve financial independence?
- Savers vs. spenders: How money management attitudes impact financial confidence
More Advisor NewsAnnuity News
- LIMRA predicts strong life and annuity sales for the rest of 2026
- Jackson CEO Laura Prieskorn to retire at the end of 2026
- Has your annuity been reinsured in the Cayman Islands? Here’s why it matters
- DOL slams pension risk transfer lawsuit as ‘opportunistic’ litigation
- AM Best Affirms Credit Ratings of New York Life Insurance Company and Its Subsidiaries
More Annuity NewsHealth/Employee Benefits News
- New dashboard tracks Kansas Affordable Care Act enrollment by legislative district, county
- ICYMI – CANDIDATE COOPER NOW TRYING TO BLAME HIS HEALTH INSURANCE PALS FOR GOVERNOR COOPER'S 57% INCREASE IN HEALTHCARE COSTS IN NC
- Business People: Edric Funk to take over as Toro Co. CEO
- Insurers propose premium increases for ACA customers in Iowa
- How Does New CareScout Long-Term Care Insurance Policy Compare In Cost
More Health/Employee Benefits NewsLife Insurance News
- LIMRA predicts strong life and annuity sales for the rest of 2026
- Best’s Market Segment Report: AM Best Maintains Stable Outlook on Vietnam’s Non-Life Insurance Segment
- AM Best Comments on Credit Ratings of Horace Mann Educators Corporation and Its Subsidiaries Following Announced Transaction with Medical Mutual of Ohio
- AM Best Affirms Credit Ratings of Hanwha General Insurance Company Limited
- Globe Life boosts Q2 earnings, eyes AI shift for long-term growth
More Life Insurance News