In Talk on Personalized Medicine, Life Technologies’ CEO Explains Shift in Corporate Strategy

how we haven’t fully understood the cause and effect of a therapeutic. That’s what we’re talking about fixing.”

In explaining the concept of personalized medicine, Lucier said, “The most cutting-edge work taking place today is this idea that we can genomically sequence you. We can really understand what mutations you have, we can then compare it to what therapeutics are known to work on that particular problem and give it to you, and then we can see if it works. That’s the ‘trial of one.’ It seems very commonsense, seems straightforward, and yet I will tell you this is probably the most revolutionary and provocative comment in the FDA today.”

A key change driving the strategic shift at Life Technologies, Lucier said, was the company’s $725 million acquisition of Ion Torrent Systems, the Connecticut-based startup using “chemical transistors” technology to develop microprocessors capable of directly reading genetic information.

“It uses semiconductor technology as the starting point for reading the genome,” Lucier explained. It displaces the existing, image-based technology for reading DNA with a digital processing device that could potentially scan a patient’s entire personal genome in less than two hours. Doctors could then use a patient’s personal molecular profile to prescribe drugs and a course of treatment that is tailored to act more specifically with certain genetic variations, an approach known as “evidence-based medicine.”

Greg Lucier
Greg Lucier

It also helps explain a bit of news that was largely overlooked earlier this month when Life Technologies named Dr. Paul R. Billings as Chief Medical Officer, a newly created corporate position intended to improve patient care by expanding the use of medically relevant genomic technologies in clinical settings.

The Ion Torrent acquisition, Lucier said, marks a new era for technology that enables super-fast genetic sequencing at a low cost “and moves it to the medical realm in the next two years or so.”

In discussing the paradigm shift to come in

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.