From DCAT Value Chain Insights (VCI)
Following up on his recent announcement in the State of the Union Address, President Barack Obama provided details about the Precision Medicine Initiative, a new research effort to facilitate the development of personalized medicine approaches. The President's Fiscal Year 2016 Budget calls for $215 million in funding to the National Institutes of Health (NIH), together with the Food and Drug Administration (FDA), and the Office of the National Coordinator for Health Information Technology (ONC) to support the initiative.
The budget request calls for the following:
In a statement, the White House outlined the key objectives of the Precision Medicine Initiative:
Source: The White House
Thank you for reading DCAT Value Chain Insights (VCI), an information resource from the
Drug, Chemical & Associated Technologies Association (DCAT).
Learn more and sign up to receive a complimentary subscription