“It certainly feels like my entire career has led to this point,” Lefkofsky says. Before that, I spent a year on the road—driving for Uber in Cleveland, volcano climbing in Guatemala, cattle farming in Uruguay, and lots of stuff in between. Generally, we were focused on supporting four causes that we felt needed more attention: education, human rights, civic causes and medical discoveries. Email me at [email protected] and follow me on Twitter @mtindera07. 5,031 likes. Feel free to reach out at [email protected] with any story ideas or tips, or follow me on Twitter @Noah_Kirsch.Staff writer at Forbes. “I was just perplexed at how little data had permeated her care,” he says. He is also the co-founder and Chairman of Groupon (NASDAQ: GRPN), a global e-commerce marketplace, and co … The other day I read a letter written by my partner, Brad, to everyone at Uptake. There has never been a more urgent time to harness and apply data science to help eradicate cancer. We're not around right now. That experience ultimately launched Tempus. “It certainly feels like my entire career has led to this point,” he says. This story appears in the August 31, 2019 issue of Forbes Magazine.
He is a founding partner of Lightbank, a venture fund investing in disruptive technologies. But some researchers were initially hesitant to share. But you can send us an email and we'll get back to you, asap.
“I hope this will be my legacy project.”I've been a reporter at Forbes since 2016. “I always knew back then, [with] those businesses, that I would be in and out,” he says.In 2014, Lefkofsky’s wife, Liz, was diagnosed with breast cancer. While the cost of sequencing has dropped, it still runs $1,000 to $5,000 per analysis, and Tempus loses money doing it.
If you're an employer, hospital, oncologist, or institution looki… For #ASCO20, @TempusLabs published an abstract on our forthcoming #HRD test— a valuable tool that uses… Eric Lefkofsky is the founder and CEO of Tempus, a technology company advancing precision medicine through the practical application of artificial intelligence in healthcare. Tempus is now … Eric Lefkofsky is founder and CEO at Tempus. The lavish $3.1 billion valuation suggests investors expect his approach to make a big score, starting with cancer, then against chronic conditions like depression and diabetes.
One of Lefkofsky’s hires, Andrew Mason, pitched an idea for a business focused on “collective action.” Lefkofsky invested $1 million in what became Groupon. (Liz has “been taking it one day at a time,” Lefkofsky says.) Lefkofsky won’t reveal revenues, but says it gets seven-figure fees from seven of the ten largest cancer drug companies.Lefkofsky got the entrepreneurial bug at the University of Michigan, where he studied history and made money selling carpets.
Tempus hopes to sequence 120,000 genomic samples for doctors this year. Tempus, led by Groupon co-founder Eric Lefkofsky, raised another $110 million from new and existing investors and secured a $2 billion valuation Eric Lefkofsky. “I think they were a little baffled by the amount of data that came back [from Tempus],” McPherson says. For the first time, it is possible. A doctor treating a patient with lung cancer might send a tumor sample to Tempus for genomic sequencing. Before that, I spent a year on the road—driving for Uber in Cleveland, volcano climbing in Guatemala, cattle farming in…I've been a reporter at Forbes since 2016. "At some point, the dream is so intoxicating that I’m compelled to do everything in my power to make the dream a reality." I had a great conversation with Dr. @DavidAgus at FORTUNE @bstormhealth where we discussed how @TempusLabs is strat… Incredibly proud of the @TempusLabs team for their continued dedication to bringing the power of big data and artif… The past few weeks have been nothing short of tragic. Even with that data, Tempus faces stiff competition. Why? The 49-year-old has launched five companies worth at least $250 million apiece, each promising to transform an industry by using big data. In 2001, he cofounded InnerWorkings (marketing), then Echo Global Logistics (transportation) and Mediaocean (advertising software). About a dozen years ago, my wife and I set up a family foundation. Tempus identifies a mutation in the gene for epidermal growth factor receptor, which causes cells to grow and divide too much. Another startup, Concerto HealthAI, backed by billionaire Romesh Wadhwani, has access to many of the same records as Tempus. He is also the co-founder and Chairman of Groupon (NASDAQ: GRPN), a global e-commerce marketplace, and co-founder of Mediaocean, a leading provider of integrated media procurement technology; Echo Global Logistics (NASDAQ: ECHO), a technology-enabled transportation and logistics outsourcing firm; InnerWorkings (NASDAQ: INWK), a global provider of managed print and promotional solutions and a founding investor of Uptake Technologies, a leading predictive analytics platform for the world’s largest industries. Last year Swiss drug giant Roche spent $4.3 billion acquiring Foundation Medicine and big data firm Flatiron Health. His best-known venture is Groupon; despite the deals site’s disappointing share price, Lefkofsky is worth an estimated $2.7 billion.Tempus is predicated on the theory that information, lots of it, will enable doctors to personalize cancer treatments and make them more effective.
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