It’s no surprise Forbes named Eric Lefkofsky among Chicago Business Council representatives. Lefkofsky supports numerous organizations focused on innovations for education, healthcare, technology, arts/culture and human rights. His latest healthcare project involved launching Chicago-based biotechnology research facility, Tempus, which he co-founded three years ago. The institute and its investors, including, Eric Lefkofsky maintain an optimistic outlook on a data-driven approach to precision medicine. Electronic Health Records or EHRs addressed a long-standing problem ingrained in today’s medical industry. Now, patient medical records are easily accessible across systems and departments. While having Electronic Medical Records or EMRs accelerate productivity and improves scalability, Tempus CEO identified a critical area ignored.
As it is now, EHRs have limited purpose, however, the medical research dynamic can transform the process. With information such as genome sequencing, early detection of DNA mutations, especially that of cancer cells will be more proactive. With Tempus, Lefkofsky aims to provide physicians with ample ammunition to educate patients about certain autoimmune diseases and offer personalized treatment. Its data collecting efforts should afford medical professionals faster access to real-time statistics and evidence for accurate prognosis. The platform manages the world’s largest clinical/molecular database.
Pharmaceutical giants, healthcare professional networks, and patients have contributed to the development of Tempus. Its recent fundraising activity funneled over 80 million dollars to swell its net value to an estimated 1.1 billion. Besides managing Tempus, Mr. Lefkofsky keeps an eventful portfolio supporting various charitable purposes that improve communities in Chicago. In 2006, Eric joined Elizabeth (wife) to establish the LFF or Lefkofsky Family Foundation. Through this channel, they’re constantly improving community services and resources. The organization has established relationships with syndicates like Teach for America Chicago, Children’s Memorial Hospital, Ravinia Festival and more.