The state of California is preparing to invest up to $40 million in a new scientific field that backers say could revolutionize medicine and lead to personalized medical treatments.
The directors of the California Institute for Regenerative Medicine met in Berkeley on Jan. 29 to create one or two research centers for stem-cell genomics, the Sacramento Bee reported.
Scientists and biotech companies in the San Francisco Bay Area, San Diego and elsewhere are competing for the research money.
Researchers believe genomics—the study of genes and their relationships—can lead to more effective therapies that are tailored to a patient's genetic makeup.