This is about a more targeted treatment for cancer with NantOmics the sister company of NantWorks which you can read more about at the link below. You can read some of his history in the original article on the cancer drug company he sold to amass his wealth. He sent software out to 8,000 oncologists and now is talking about the “social network” and they are collecting around 2000 samples a week. He is talking about going right to the molecular level to treat patients now.
Los Angeles's Wealthiest Man. Dr. Patrick Soon-Shiong, Announced ACO to Partner With Blue Shield and St. Johns Health Center Using Technology and Genomic Research - Gene Screens
Cancer care for life is also part of what he is proposing and this is just one of his investments and endeavors. He also speaks of using big data to handle all of the data obtained and this is good, a focus on clinical and something away from insurance. St. Johns Hospital, are you listening? BD
St. Johns Hospital Fires CEO And Several Board Members Fired By Email - Chan Soon-Shiong Puts Some of His Projects for the Hospital on Hold
Jan. 28 (Bloomberg) -- Patrick Soon-Shiong, the physician who founded and sold two drug companies to become Los Angeles’s wealthiest resident, is starting a new company with the goal of changing the way cancer is attacked.
Called NantOmics, the company will build on the knowledge Soon-Shiong, 60, said he gained from Abraxane, the cancer treatment he developed and sold to Celgene Corp. in 2010 for $2.9 billion. The medicine wraps a chemotherapy in a human protein called albumin that aims to more efficiently ferry cancer-killing agents to their target.
Since selling his company, Abraxis BioScience, to Summit, New Jersey-based Celgene in 2010, Soon-Shiong has branched into other endeavors. He bought a stake in the National Basketball Association’s Los Angeles Lakers from star player Earvin “Magic” Johnson, and is pursuing the purchase of Anschutz Entertainment Group, owner of the Staples Center in Los Angeles.
NantOmics will join another of Soon-Shiong’s companies, called NantHealth, under the umbrella of a larger organization called NantWorks that brings together supercomputing, semiconductor technology, and advancements in voice and object recognition. The “Nant” name has its roots in Native American culture, in which “Nantan” means “he who speaks for the people,” Soon-Shiong said.