Affiliations: [a] Endepusresearch, Inc, Cambridge, MA, USA | [b] University Aix Marseille, Aix en Provence, France | [c] Strategic Medicine, Inc, PA, USA
Correspondence:
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Corresponding author: Prof C. Huttin, 1770 Massachusetts Avenue, Box 591, Cambridge, MA 02140, USA. Tel.: +32 473251327; Fax: +1 6176615353; E-mail: [email protected].
Abstract: 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.
