NCI to Spend $70 Million on Precision Oncology

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NCI will implement President Barack Obama’s directive to ramp up the initiative in precision medicine, even if Congress doesn’t appropriate specific funds for this purpose, Institute Director Harold Varmus told members of the National Cancer Advisory Board Feb. 12.

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As NCI paylines drop to 4%, cancer centers are tapping into their institutional funds to provide “bridge funding,” typically in $50,000 to $100,000 increments, to enable investigators to keep their labs open until better times return—next year God willing.
Conor Hale
Conor Hale

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