Phoenix Children's Hospital, billionaire entrepreneur target cancer

Phoenix Children's Hospital has struck a deal with billionaire entrepreneur Dr. Patrick Soon-Shiong to bring cutting-edge genetic treatments to children who are seriously ill. Phoenix Children's Hospital CEO Bob Meyer said Soon-Shiong's technology will be used for children with aggressive forms of cancer that conventional surgery and chemotherapy failed to slow or cure. Doctors will use Soon-Shiong's data-based technology to provide speedy genetic and protein analysis to identify potential treatments for seriously ill patients. The technology's centerpiece is a supercomputer that should be able to deliver results within seven to 10 days, Meyer said. Soon-Shiong, a surgeon who is part owner of the Los Angeles Lakers, has embarked on a series of acquisitions in recent years under his parent company, NantWorks.