This document discusses major advancements in precision oncology and immuno-oncology, including increasing the number of targeted drugs and biomarkers to expand rational treatment approaches. It also addresses combining therapies like PD1/PD-L1 inhibitors with chemotherapy or novel immune modulators to increase efficacy. As biomarkers proliferate, challenges arise around conducting clinical trials in fragmented populations and relying on liquid biopsies. Ongoing questions center on balancing earlier access to treatments with stronger evidence requirements in regulatory approval.