Biobanking Trends

Dr. K. Stephen Suh, a Precision Medicine Expert, based in the United States, participates in Risk Roundup to discuss BioBanking Trends. Risk Roundup Webcast: Biobanking Trends Biobanking Trends Technology has now made it possible for broad sharing of information, rapid analysis, and automation of testing.  Moreover, the whole genome data and digital sharing capability are improving the research capabilities. From artificial intelligence-driven process automation, genetic testing, genome analysis, digitization, robotics, data analytics to the internet, the rapidly emerging technological advances, are on their way to revolutionizing biobanks, biorepository, and biospecimen science. While drug discovery and development seems to be the primary focus, biobank research hopes to provide a new understanding into the genetic component of the disease, that would ultimately lead to a more personalized and precise approach to healthcare. Moreover, the growing investments are enabling the scientific progress that will strongly influence our knowledge about human health and disease, the quality and nature of health care, and human life. Understandably, biobanking is rapidly becoming a key area for infrastructure development as there is a rise in many kinds of biobanks. From disease-centric, population-based, genetic or DNA/RNA, project-driven, tissue versus multiple specimen types, commercial versus community-based, microbiome to stem cells, and virtual biobanks, there are many types of biobanks emerging. As the ultimate aims of biobanks include promoting the health and well-being of the community at no individual cost or risk, the question is, how will that be possible. Complex Challenges Biobanks have triggered a robust debate about ethical, legal, and social implications surrounding human samples and data due to issues of consent, privacy, confidentiality, and integrity of the samples and the return of results and data-sharing. So, as we witness the evolution of biobanking from a simple collection of frozen specimens to the virtual biobanks and bioscience as seen today, it is essential to understand its risks and rewards- What are the challenges of biobanking broadly?Do all nations have biobanks and the technology necessary for them?How will personalized medicine benefit from biobanking?Are there any guidelines about biobanking? What are the best practices?How can biobanks balance benefits and risks?Is there a need for regulation? As biobanking is on its way to changing the world, the time is now to discuss the risks and rewards of biobanking. For more, please watch the Risk Roundup Webcast or hear the Risk Roundup Podcast About the Guest Dr. K. Stephen Suh is a professional with a Doctor of Philosophy (Ph.D.) focused in Cell and Molecular Biology, Animal Modeling of Cancer, 3-Dimensional Cell Culture and Tissue Engineering, and the use of Artificial Intelligence System on Data Mining of Electronic Health Records and Biobank-Patient Samples. He is an expert for Precision Medicine topics and achieving the concept for Personalized Medicine and biomarker-based Population and Patient Selection for clinical testing platforms. About the Host of Risk Roundup Jayshree Pandya (née Bhatt), the founder and chief executive officer of Risk Group LLC (www.riskgroupllc.com) is working passionately to define a new security-centric operating system for humanity. Her efforts towards building a strategic security risk analytics platform are to equip the global strategic security community with the tools and culture to collectively imagine the strategic security risks to our future and to define and design a new security-centric operating system for the future of humanity.  About Risk Roundup Risk Roundup, a global initiative launched by Risk Group, is a security risk reporting for risks emerging from existing and emerging technologies, technology convergence, and transformation happening across cyberspace, aquaspace, geospace, and space. Risk Roundup is released in both audio (Podcast) and video (Webcast) format and is available for subscription at (Risk Group Website, iTunes, Google Play, Stitcher Radio, Android, and Risk Group Professional Social Media). About Risk Group Risk Group LLC is a leading strategic security risk analytics platform. Copyright Risk Group LLC. All Rights Reserved The post Biobanking Trends appeared first on Risk Group.