The economics of biobanking and pharmacogenetics databasing: the case of an adaptive platform on breast cancer.
This paper aims to discuss the economics of biobanking. Among the critical issues in evaluating potential ROI for creation of a bio bank are: scale (e.g. local, national, international) centralized versus virtual/distributed, degree of sample annotation/QC procedures, targeted end users and uses, types of samples, potential characterization, both of samples and annotations. The paper presents a review on cost models for an economic analysis of biobanking for different steps: data collection (e.g. biospecimens in different types of sites, storage, transport and distribution, information management for the different types of information (e.g. biological information such as cell, gene, and protein) It also provides additional concepts to process biospecimens from laboratory to clinical practice and will help to identify how changing paradigms in translational medicine affect the economic modeling.
Technology and health care official journal of the European Society for Engineering and Medicine