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Obama To Include "Precision Medicine Initiative" In Budget Plan

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President Barack Obama announced Friday that he will include a "Precision Medicine Initiative" in the budget proposal he plans to send to Congress on Monday.

Obama will request $215 million for the initiative, which the White House described as a bold new research effort to revolutionize how we improve health and treat disease.

In remarks at the White House, Obama claimed precision medicine offers one of the greatest opportunities for new medical breakthroughs even seen.

"Doctors have always recognized that every patient is unique, and doctors have always tried to tailor their treatments as best they can to individuals," Obama said. "You can match a blood transfusion to a blood type. That was an important discovery."

"What if matching a cancer cure to our genetic code was just as easy, just as standard? What if figuring out the right dose of medicine was as simple as taking our temperature?" he added. "That's the promise of precision medicine -- delivering the right treatments, at the right time, every time to the right person."

A White House statement said the president's proposed initiative will pioneer a new model of patient-powered research that promises to accelerate biomedical discoveries and provide clinicians with new tools, knowledge, and therapies to select which treatments will work best for which patients.

Unlike many of Obama's proposals, the initiative could attract bipartisan support, with the president highlighting Republican Sen. Lamar Alexander's, R-Tenn., attendance at the event at the White House.

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