Where's the Economic Stimulus for Personalized Medicine?

01 Dec 2009

With so many billions in funding flowing from the US government through the NIH and a consistent buzz around comparative effectiveness research, the question "Where is the economic stimulus money for personalized medicine?" is one that advocates and innovators are beginning to ask in earnest.

At one point in his remarks accepting the 2009 Leadership in Personalized Medicine award from the Personalized Medicine Coalition (PMC), Brook Byers of the VC firm Kleiner Perkins Caufield & Byers asked the audience gathered at Harvard University's Harvard Medical School: "Where is the economic stimulus money for personalized medicine?" With so many billions flowing from the US government through the National Institutes of Health and a consistent buzz around comparative effectiveness research (CER), it's a question he and others are beginning to ask in earnest.

"I think there are program-ready studies that could have benefited in the context of the ARRA [American Recovery and Reinvestment...