Winter 2015/2016 - The Innovation Highway Newsletter | Page 16

4 3 HEALTHCARE (Con’d) DECEMBER 2015 – JANUARY 2016 Exponential Medicine: Healthcare is Broken, Here’s How to Fix it! o Telepresence technologies like Suitable Technology’s BEAM and InTouch Health will allow top physicians to beam into locations around the world for consultation and rounds at hospitals. stroke, burns, cancer and osteoarthritis. o In 2012, researchers at Cedars-Sinai reported one of the first cases of successful therapeutic stem cell treatment — they used patients’ own stem cells to regenerate heart tissue and undo damage from a heart attack. 3D Printing On-demand manufacturing will make medical devices cheaper and more readily accessible to millions, and it will make scarce resources like organs-for-transplant abundantly available. Conclusions The disruption and transformation of medicine is happening right now. o 3D Systems is 3D printing precise dental and anatomical models, custom surgical guides, implantable devices, exoskeletons, hearing aids, prosthetics and braces for scoliosis and other applications. o Students at Washington University 3D printed a robotic arm for about $200. Traditional robotic limbs can run $50,000 to $70,000, and they need to be replaced as children grow. o Dr. Anthony Atala’s team and companies like Organovo are 3D bio-printing with cells to produce tissues, blood vessels and even small organs. That's why each year I work with Dr. Daniel Kraft, head of the medicine track at Singularity University, to bring all of the coolest and most powerful technologies together at Exponential Medicine. Peter Diamandis Dr. Peter Diamandis is the Chairman and CEO of the X PRIZE Foundation, which leads the world in designing and launching large incentive prizes to drive radical breakthroughs for the benefit of humanity. Best known for the $10 million Ansari X PRIZE for private spaceflight, the Foundation is now launching prizes in Exploration, Life Sciences, Energy, and Education. Genomics and Big Data The cost of genome sequencing has plummeted 100,000-fold, from $100M per genome in 2001 to $1,000 per genome today…outpacing Moore’s Law by 3x. Diamandis is also the co-Founder & Executive Chairman of the Singularity University, a Silicon Valley based institution teaching graduates and executives about exponentially growing technologies and their potential to address humanity’s grand challenges. o At Human Longevity Inc., our mission is to accumulate the largest genomics data set ever. HLI will sequence over 1 million full human genomes, microbiomes, MRI body image scans, metabolomes, and more… o Next, with that large data set, HLI be able to unlock the secrets of our biology. We’ll find insights into and cures for cancer, heart disease and neurodegenerative disease, and ultimately extend the human lifespan. Diamandis recently co-Authored Abundance – The Future Is Better Than You Think. Diamandis has founded or co-founded many of the leading entrepreneurial companies in this sector including Zero Gravity Corporation, the Rocket Racing League and Space Adventures. He also counsels the world’s top enterprises on how to utilize exponential technologies and incentivized innovation to dramatically accelerate their business objectives. Stem Cells We are now in the earliest stages of stem cell therapy development. Future therapies will be transformative and, frankly, mindboggling. Dr. Diamandis attended MIT where he received his degrees in molecular genetics and aerospace engineering, as well as Harvard Medical School where he received his M.D. o Stem cell therapy promises tissue regeneration and renewal — and thus a “cure” for everything from blindness to spinal cord injuries, Type 1 diabetes, Parkinson’s disease, Alzheimer’s disease, heart disease, 6