The Virginia G. Piper Charitable Trust and Flinn Foundation Launch $45 million Initiative to Develop Personalized Diagnostics

PHOENIX--(BUSINESS WIRE)--Two Arizona-based philanthropic organizations have committed $45 million to fund an innovative initiative to develop personalized molecular diagnostics. The ability to diagnose and treat disease based on every person’s unique physiological makeup is critical to enabling physicians to improve health outcomes while at the same time reducing medical costs. Under the Partnership for Personalized Medicine, The Virginia G. Piper Charitable Trust has committed $35 million and the Flinn Foundation has granted $10 million to bring together a wide range of resources to advance a global personalized medicine initiative.

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