Brief
Overview/Summary
The sixth TWC lesson was
about Biobusiness
Revolution, notably in the areas
of healthcare and biomedical in the past, present and the future.
Interesting
Observations and Ideas
Prof Shahi started the lesson by sharing a few interesting
quotes. The first one is from Albert Einstein, which stated
“There are only
two ways to live your life.
One is as though
nothing is a miracle.
The other is as
though everything is a miracle.”
This quote talks about how we humans have the choice to how
we can lead our lives. We can live jaded, not caring or ‘giving a damn’ about
what happens around our environment. However, with such a mindset, we will
never learn and understand the changes that happen around us. However, if we
choose to live our lives with an open mindset and be interested in changes in
our environment, we can gain much knowledge. This is also very related to the
“Rising Star” vs “Falling Star” mindset that Prof shared a few weeks earlier.
The next quote that Prof shared is a Greek Proverb that says
“A society grows
great when old men plant trees whose
shade they know they shall never sit in.”
shade they know they shall never sit in.”
This quote explains the need for future orientation, which
requires people today to plan for the future. However, this quote does not talk
about sustainable development. Instead, this quote tells us that if we plan
ahead, we are helping to ensure the sustainability of our society.
Prof Shahi then defined BioBusiness as a commercial activity
based on an understanding of life sciences and its processes, such as
biomedical, agri-veterinary, environmental/industrial, and other areas. The
BioBusiness industry already constitutes over 25% of global GDP and employs
some 40% of the world’s labor force. With these shocking statistics which is
not known to many, it must be understood that these numbers will continue to
increase as the BioBusiness and biotechnology industry expands.
Prof then showed us a video illustrating Microsoft’s vision
for the future of healthcare. In this video, Microsoft introduced the digital
wallet, which combines all of a person’s cards into their smartphone. It also
showed the ability for patients to be able to speak to their doctors on
broadband and thus, it is unnecessary for them to physically travel to the
clinic or hospitals. This can benefit
patients who are old, or have difficulty travelling and walking. People can
also save on transportation fee. With tele-consultation, doctors can understand
a patient’s situation by simply asking the patient to perform certain tasks and
the doctor can capture it through the webcam. With e-banking, doctors can also
legitimately charge the patient for online consultation fees.
Prof also introduced the different drivers for innovation
and change in biomedical sciences
1)
Demographic
and Epidemiological Change
As countries advance from rural to urban,
or see the growth of an aging population, or population increases, they can see
the changing patterns of disease, shifting from infectious to chronic diseases.
Infectious diseases arise from poor water supply and sanitation, generally low
and poor living standards. On the other hand, chronic diseases tend to arise as
people age. Examples of chronic diseases are such as diabetes, high blood
pressure or heart problems.
25 years ago, 60% of diseases in the world
were infectious diseases. Thanks to the growth of the Millennium Development
Goals and decreasing rates of poverty around the world, we now see a more
drastic pattern change in diseases from infectious to chronic.
2)
Translating
the Findings of R&D into Clinical and Commercial Application
New technology today has helped people
capture possibilities and research that was not possible before. They are such
as the advancement of X-rays to CT scans, and imaging technology for people
that is not radioactive. These are results of biomedical research translated
into practical uses.
3)
Advances
in Information and Bioengineering Technology
With the birth of computer and information
systems, making comparisons is now a much simpler process than before. This
progress can be attributed to the availability of advanced tools and resources
to help analyze, model and create new technologies for development in the
research and health services level. With bioengineering technology, it is able
to lead to advancement in genetic engineering, which is crucial for the
advancement in eugenics.
4)
Changing
Consumer Needs, Demand and Expectation
Around the world, people’s expectations
change as society changes. People today are wealthier than before, causing
lifestyle and dietary patterns to change. With this, people are able to gain
certain benefits, but at the same time suffer some consequences.
Prof showed us a video about how obesity is
becoming a global pandemic, which allowed us to have a sense of how big a
problem it has become. According to the video, in Mexico, 7% of adults and 30%
of children are overweight. Also, WHO
has predicted that by 2015, 2.3 billion people will be overweight, 700 million
people will be obese, and 22 million children will be overweight.
With these statistics, peoples’ changing
consumer needs and demands has made obesity a global pandemic, which requires medical
intervention to reduce the causes and impacts of such problems. Without medical
intervention, such pandemics such as obesity can lead to an unsustainable
society, where future generations will not be able to lead lives as long as
previous generations have.
After which, Prof also introduced and discussed the
different sectors in healthcare and biomedical sciences, which have
revolutionized in the previous years, and will continue to revolutionize in the
years to come. The case study of the advancement of prosthetics to bionics also
gave me a new, fresh and interesting perspective to the history and future of
prosthetics, which is closely related to my group project.
One of the class presentations that impressed me was
Rebekah’s presentation on gene sequencing. She introduced the benefits,
limitations, response and concerns from different groups of people regarding
this new technology. According to Rebekah’s research, doctors can now recognize
disease-causing genes in 25 hours upon birth of a child. However, such
information may be rendered useless and merely informative as with 7500 known
diseases, only 3500 are detectable, and only 500 of such diseases have
treatment. Gene sequencing is also very costly, which exacerbates income
inequality as only the rich can afford such technology, and the poor is
excluded.
However, the key argument is whether parents would like to
purchase such technology for their newborn child. Firstly, the knowledge of a
child’s disposition will cause an impact on the child’s lifestyle, whereby
his/her parents will restrict him/her to participate in activities that may
aggravate their dispositions. For example, if a child has a disposition for
heart disease, the child’s parents may impede him/her from participating in
many forms of physical activities, thus limiting the child’s true potential in
sports.
At the same time, such dispositions are merely calculations
of chances of getting the illness. There is still a chance whereby the child
will not be diagnosed with this disease or sickness predicted when he/she was
born. Parents’ reaction to their child’s disposition is therefore highly
crucial. Therefore, the knowledge of a child’s disposition should merely be
used for parents and child to be mentally prepared for future illnesses, rather
than restricting one’s personal abilities.
Key Takeaways
1)
The BioBusiness is a growing industry that will
soon many up a large proportion of a country’s GDP and labor force.
2)
The change in peoples’ consumption and demand
will lead the way for changes growth of the biomedical business as the
biomedical industry will meet the needs for demanded areas, such as obesity.
3)
The future of the biomedical industry is very
optimistic, as it aims to simplify medical processes through research and
development.
4)
The growth of the biomedical industry may in
turn also be harmful to people in areas such as personal growth and unnecessary
knowledge.
Issues for
Further Discussion
1)
How long will it take for the biomedical
industry to advance to the stage illustrated in the video by Microsoft?
2)
Is tele-consultation really useful or necessary?
Or does it make a practitioner less accurate or precise in his findings?
Personal
Ratings
I rate this class 8/10 as it looks into future findings in
the medical industry, which is a large concern in all our futures. However, I
feel that there should be more discussions pertaining to how these biomedical
advancements can benefit the elderly given that Singapore is facing an aging
population today.
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