Precision medicine is a newly emerging field and faces challenges on its way. Some of these are given below:

• There is a need for having huge databases for collecting and storing health information data of patients.
• In the wake of the Precision Medicine Initiative, there are certain legal, ethical, and social concerns that need to be addressed. A patient’s rights and confidentiality of data has to be protected.
• Strict adherence to the informed consent must be followed by the researchers. Patients should be made aware of the risks and benefits of participating in the research.
• The Precision Medicine Initiative entails huge expenses. Technologies like DNA sequencing requires huge expenses. Moreover, the drugs that are likely to be developed as a result are costly. It may not be covered under insurance.