Clinical OMICs - Volume 3, Issue 9 - 5

Clinical OMICs NEWS AMP Sets New MDx Clinical Utility Standard for Inherited Diseases and Cancer T bluecinema / Getty Images he Association for Molecular Pathology (AMP) has published a new report that addresses the challenges in defining the clinical utility (CU) of molecular diagnostics for inherited diseases and cancer. The manuscript titled "The Spectrum of Clinical Utilities in Molecular Pathology Testing Procedures for Inherited Conditions and Cancer: A Report of the Association for Molecular Pathology" was released online ahead of publication in the September 2016 issue of The Journal of Molecular Diagnostics. While molecular diagnostics (MDx) are currently employed for a broad range of purposes, including diagnosis, prognosis, risk assessment, prediction of future disease onset, and selection and monitoring of therapies, AMP is concerned that drastic shifts in evidence demands and narrow clinical utility definitions may hinder the use of MDx for some applications. The new standards of clinical utility outlined in the publication are intended to provide a framework for clinicians to employ MDx more broadly for effective patient management. The publication outlines the AMP Framework for the Evidence Needed to Demonstrate (FEND) Clinical Utility Task Force, which recommends clinical utility definitions aimed at recognizing and detailing both the full contribution and value molecular diagnostic bring to the clinical setting. "Patient access to clinically useful and appropriate molec(See Clinical Utility Standard on page 32) Report: Biomarkers Market to Reach $78.4B by 2024 A violetkaipa / Getty Images new report from consulting firm Grandview Research predicts the global biomarker market, driven significantly by the growth of companion diagnostics and personalized medicine, will reach $78.2 billion by 2024. Factors anticipated to influence growth include the need for disease-specific biomarkers for the development of diagnostics, increasing research and development funding, and the rising prevalence of cancer and cardiovascular diseases- www.clinicalomics.com the result of an aging population. These factors should create significant opportunities in the coming years. Other factors affecting growth include increased government spending on research, and the market launch of diagnostics kits for screening high-risk patient populations. Other key findings of the research show: The safety biomarkers segment captured the largest share of the market, (See Biomarkers Market on page 32) September 2016 Clinical OMICs 5 http://www.clinicalomics.com

Table of Contents for the Digital Edition of Clinical OMICs - Volume 3, Issue 9

Contents
Clinical OMICs - Volume 3, Issue 9 - Cover1
Clinical OMICs - Volume 3, Issue 9 - Cover2
Clinical OMICs - Volume 3, Issue 9 - Contents
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