Inova Health System to Launch $100 Million Venture Fund Dedicated to Precision Medicine

Inova Health System will launch a $100 million venture fund dedicated to precision medicine.

The Falls Church-based health system plans to announce the initiative Thursday as part of an Obama administration event unveiling federal funding and highlighting private-sector commitments in the nascent science.

During an event at the White House, the National Institutes of Health will make its first funding awards supporting the Precision Medicine Initiative, which was announced by President Barack Obama in January 2015 as part of his State of the Union address.

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