Ignite Institute not coming to D.C. area
An ambitious genetic research facility that had been planned for Fairfax County but failed to draw in the needed private investment appears to be headed for Philadelphia, according to the nonprofit's founder and officials with the Fox Chase Cancer Center.
The Ignite Institute for Individualized Health, a nonprofit specializing in personalized DNA research, was slated for Northern Virginia. Its founder, California geneticist Dietrich Stephan, said the center would bring in 415 jobs to the Washington region over the next five years and that Fairfax-based Inova Health System would become its chief partner.
But the plan fell apart last April when a publicly traded technology firm withdrew its $25 million investment, Inova followed suit and Fairfax County abandoned its support. At least six other potential sites, including in the Washington area, were surveyed afterward, with Montgomery County thought to be its next target. But the Fox Chase Cancer Center in Philadelphia announced Wednesday it had partnered with Stephan.
"With its rich culture of innovation and achievement in cancer science and medicine, Fox Chase Cancer Center is the right partner at the right time for this bold venture.” Stephan said in a statement.
It is unclear if the partnership ends any potential deal between Ignite and a Washington-based hospital or facility.
Posted by: MarilynManson | November 18, 2010 8:08 AM | Report abuse
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