Tempus, and its founder, Eric Lefkofsky are leaders in the fight against cancer, which affects nearly 40 percent of the Americans who face a cancer diagnosis sometime during their lifetime. Everyone in the United States knows someone who has fought the dreaded disase. The National Cancer Institute reported that as of 2014, 14.5 million Americans had cancer, and the number was anticipated to grow to more than 19 million in 2024. Companies such as Tempus, however, are helping to make the prognosis look better. Tempus is a leader in data-enabled precision medicine, which is helping to bridge the gap between data collection and digital technology.
One would think in 2018 with electronic health records modernized, those in the healthcare field would be knowledgeable of modern technology. Eric Lefkofsky, however, found out when his wife was diagnosed with breath cancer that there is a huge hole between data collection and digital technology. Although there is a huge amount of information available about patients and their treatment, there had never been a modern way to gather the information and use it effectively.
Tempus was founded to transform the way cancer care is delivered through a platform that can analyze both the molecular (genomic information gathered through human genome sequencing) and clinical data from a patient. Tempus also developed software that can use physician notes, which had been hard to capture and analyze about a patient through software that can transform notes into data that can be used to provide adequate treatment. The cost of such technology had once been $100 million, but because of technological and scientific advances, it can now be completed for about $5,000.
On his personal website, Lefkofsky said his dream had become “intoxicating,” and he would do “everything in my power” to make that dream come true.
Lefkofsky is the CEO and co-founder of Tempus and a partner or co-founder of several other companies involved with technology, e-commerce and the media. Lightbank, which he co-founded, invests money in various technologies. He has also had a role in founding Groupon, Innerworkings, which provides promotional and print solutions to companies throughout the world, and Echo Global Logistics. He also founded his own family charitable foundation, the Lefkofsky Family Foundation, and has served as a trustee for Lurie Children’s Hospital of Chicago.
To know more visit @: www.lightbank.com/team/eric-lefkofsky