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President Obama’s settled the score on this one: It’s precision medicine. Not personalized medicine.

The life sciences community has been throwing around both terms, but there’s actually a keen distinction between the two.

Personalized medicine’s origins coincide with the wrapping up of the Human Genome Project, and denote a sort of tailored-t0-you panacea – it’s all about the individual’s genetic profile.

Precision medicine, on the other hand, casts a wider net. It’s hones in on certain populations, finding the genetic threads that interweave certain patients and develops treatments that are applicable to entire groups.