BIOTECH: Life Tech enters genomics X Prize competition


CARLSBAD ----  Life Technologies Inc. has entered the first team in the $10 million Archon Genomics X Prize , the X Prize Foundation said Monday.

Competing teams will attempt to "rapidly and accurately sequence 100 whole human genomes at a cost of $1,000 or less each to a standard never before achieved," the foundation said in a news release.

The $1,000 price for a genome represents a landmark for those seeking to incorporate the knowledge from individuals' own DNA patterns into medicine. At that price, routine genome scanning would become affordable, researchers have said.


