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59th Edition
๐ This Weekโs Lineup:
๐งโ๐ฌ The Story of Tempus
๐ Chart of the Week
๐ Events Around the City
๐ Previous Editions of the Driverโs Seat
๐งโ๐ฌ The Story of Tempus
Tempus is a Chicago success story. The company was founded here, is headquartered here, and houses 2,500 employees.
Today, Tempus has a valuation of over $8B, making them the largest clinical and molecular dataset platform thatโs right here in our backyard.
Letโs take a look at how they got here:
The Genesis of Tempus
Eric Lefkofsky started Tempus after a family member was diagnosed with breast cancer.
He noticed the lack of data-driven decision-making in their treatment and was determined to change this.
The initial vision was to harness big data and AI to provide personalized treatment plans for cancer patients, aiming to improve patient outcomes through data-driven insights.
Types of Data
At its core, Tempus is a technology company that aggregates and analyzes clinical and molecular data. The Tempus platform integrates various types of data, including:
Clinical Data: EHR, physician notes, and treatment histories.
Molecular Data: Genomic sequencing data, which includes DNA, RNA, and proteomics (Northwestern has the largest proteomics institute in the country)
Imaging Data: Radiology and pathology images.
By combining these data sources, Tempus creates a comprehensive profile of each patient, enabling doctors to make more informed treatment decisions.
Why This Matters
Tempus has revolutionized precision medicine by leveraging big data and AI to create personalized treatment plans, significantly improving patient outcomes.
The future of Tempus holds promise as it continues to innovate and expand its capabilities, setting new standards in the medical field and solidifying Chicago's position as a hub for medical innovation.
I expect weโll continue seeing more future founders coming from the Tempus ecosystem, which will be great for our overall innovation economy.
๐ Chart of the Week
The state of Illinois has the second highest population density per square mile. This highlights Chicago's urban concentration and walkability.
As cities grow, managing density will be key to creating livable urban environments. Whether resident or visitor, Chicago's dense core offers a unique, vibrant experience.
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๐บ๏ธ Events Around The City
Monday Morning Run Club
Hosted by DripCo
Monday
Chicago Data Community Happy Hour
Hosted by CDC
Monday
The Farcaster Revolution: A New World of Social Networking
Hosted by ETH Chicago
Tuesday
Chicago Pitch Slam and Financing & Innovation Forum
Hosted by Naturally
Tuesday
Chicago:Blend + TechRise Summit
Hosted by ChicagoBlend
Tuesday
VentureCat 2024 Public Showcase
Hosted by Northwestern
Wednesday
Product Hunt Chicago Meet-Up
Hosted by PH
Thursday
๐ Latest Editions:
#57 - Rivian Ignites Chicago
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