Answer:
Application of genomics to evaluate the efficiency and safety of the drug, on the basis of the genomic sequence of an individual is known as Pharmacogenomics.
Explanation:
Pharmacogenomics is defined as the study of the effects of genome on drug response. Pharmacogenomics includes studying the influence of the inherited genetic makeup of an individual on drug response and then correlating the gene expression with pharmacodynamics and pharmacokinetics of the drug.
This method is used to develop drugs with minimal side effects and maximum efficiency, by taking in consideration the patients' genotype.
Therefore, the application of genomics to evaluate the efficiency and safety of the drug, on the basis of the genomic sequence of an individual is known as Pharmacogenomics.