Eric Lefkofsky’s Company Tempus Helps Cancer Patients

Eric Lefkofsky has a long and successful history in business. He is the founder of Tempus and Lightbank and the co-founder of both Groupon, Echo Global Logistics, InnerWorkings and Mediaocean. He has also been involved in philanthropic work, and with his wife Liz, he established the Lefkofsky Family Foundation that focuses on education, medical discoveries and human rights.

He is currently focused on his company Tempus. It is a healthcare company that organizes data. He believes that the same level of technology that is found in other businesses should be applied to medical care. He groups medical data into one place to help patients and doctors focus on health care rather than data collection and organizations.

Tempus collects data for cancer patients who are under going complex treatments. The cost of this data sequencing has been reduced from millions to thousands in the last few years. Tempus combines molecular and clinical data which allows doctors to make real time decisions on the best treatments for patients.

Eric Lefkofsky believes other tech giants becoming involved in medical care is a positive thing. Other companies have already tried to collect data on this scale, but Eric Lefkofsky believes the key is to combine three different types of data, and it is only through this combination that a complete picture of the patients can be achieved. Tempus combines morphological, molecular and phenotypic data. Previous efforts at this scale of data collection did not take into account the collection of various types of data.

In each of Lefkofsky companies he has a simple philosophy. He takes things that went well and he continues them, and he learns from the things that went wrong. He believes companies should work longer as private companies before they go public. He thinks that within 5 years all cancer patients will be sequenced. The ultimate goal of the sequencing will be to allow doctors to move quickly to the most efficient treatments for patients.

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