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The $10 Million Genomics X Prize Will Make Genetic Sequencing Fast, Cheap, And Accurate

The $10 Million Genomics X Prize Will Make Genetic Sequencing Fast, Cheap, And Accurate

By Fast Company on October 27, 2011

As hyped as it is, genetic sequencing remains out of reach for most people. With a cost of at least $4,000 to sequence a single genome, there's just no way that the technology can currently be used in a clinical setting. There's nothing like a cash prize to speed up research, however, which is why the Archon Genomics X Prize is offering $10 million to the first team that can quickly, accurately, and cheaply sequence 100 genomes.

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