BioCentury
ARTICLE | Finance

Precision decision

Despite its small size, the Precision Medicine Initiative spawns much discussion

February 12, 2015 8:00 AM UTC

President Obama's $215 million Precision Medicine Initiative might be a drop in the ocean of the overall NIH budget, but it has launched waves of discussion in the field.

On Feb. 2, Obama unveiled his FY2016 budget containing a planned $31.3 billion for NIH. But his focus three days earlier had been on a fraction of that amount designated for a new effort to personalize disease treatments based on a host of genotypic and phenotypic data. ...