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Global genomics financing reached US$1.3b in 2016 as China and the US accelerate precision medicine programs.
Venture Insights · Venture InsightsPeriod: 2016-20172 min read
Last updated
Global financing for genomics (2016)
China Precision Medicine Initiative total value
This report examines the competitive landscape of the global genomics sector, highlighting the leadership of the US and China. Global financing for genomics reached US$1.3b in 2016, marking the third consecutive year of investment exceeding US$1b. The analysis focuses on the China Precision Medicine Initiative, valued at US$9.2b, and the US Precision Medicine Initiative (All of Us Research Program) worth US$215m, detailing how these government-led programs are driving innovation in personalized healthcare and genomic services.
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