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NEW YORK (GenomeWeb) – Biogen Idec and Columbia University Medical Center today announced they have signed a $30 million agreement to establish a research facility to study the genetics of disease and find new drug targets.

The partners will build a sequencing and analysis facility and create a postdoctoral program at Columbia to support collaborative genetics studies. The agreement, they said, brings together genomics research conducted at Columbia with Biogen's expertise in discovering new medicines.

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