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Rady Children's Hospital to Establish Genomics Institute with $160M in Funding

NEW YORK (GenomeWeb) – Rady Children's Hospital-San Diego said on Monday it is establishing a pediatric genomics center with a $120 million pledge by Ernest Rady and his family, as well as $40 million from the hospital.

The Rady Pediatric Genomics and Systems Medicine Institute at Rady Children's plans on bringing together researchers, scientists, and clinicians to use a genomics and systems medicine approach to prevent, diagnose, treat, and cure childhood diseases, the hospital's Chairman David Hale said.

"The Institute will work closely with UC San Diego and establish relationships with other academic and research institutions, companies involved in genomics research, and other children's hospitals to advance the mission of the Institute," he said in a statement.

Along with the $120 million pledge by Rady, the hospital's board of trustees has committed $40 million to support the institute.