2024/11/04 by Kishi Kobe Yee Francisco, Andrane Estelle Carnicer Apuhin, Francisco, Kishi Kobe Yee +11 · 1 citation
Economics, Econometrics and Finance · Health Professions · Medicine · #Biomedical Ethics and Regulation #Computers and Society (cs.CY) #FOS: Computer and information sciences #Health Systems, Economic Evaluations, Quality of Life #Healthcare cost, quality, practices
paper · pdf · doi:10.48550/arxiv.2411.02307
openalex publication_date 2024/11/04 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
Personalized medicine (PM) promises to transform healthcare by providing treatments tailored to individual genetic, environmental, and lifestyle factors. However, its high costs and infrastructure demands raise concerns about exacerbating health disparities, especially between high-income countries (HICs) and low- and middle-income countries (LMICs). While HICs benefit from advanced PM applications through AI and genomics, LMICs often lack the resources necessary to adopt these innovations, leading to a widening healthcare divide. This paper explores the financial and ethical challenges of PM implementation, with a focus on ensuring equitable access. It proposes strategies for global collaboration, infrastructure development, and ethical frameworks to support LMICs in adopting PM, aiming to prevent further disparities in healthcare accessibility and outcomes.