Ads
related to: full genome sequencing companies
Search results
Results From The WOW.Com Content Network
On January 26, 2007, the company completed the acquisition of the British company Solexa, Inc. for ~$650M. [6] Solexa was founded in June 1998 by Shankar Balasubramanian and David Klenerman to develop and commercialize genome-sequencing
BGI did the genome sequencing for the deadly 2011 Germany E. coli O104:H4 outbreak in three days and released it under an open license. [31] Since 2012, it has started to commercialize its services, having investments from China Life Insurance Company , CITIC Group 's Goldstone Investment, Jack Ma 's Yunfeng Capital , and SoftBank China Capital ...
In March 2013, Complete Genomics was acquired by BGI Group. [17] After the acquisition, Complete Genomics moved to San Jose, and in June 2018 became part of MGI. [18] [19] The acquisition was the one of the outcomes of $1.5 billion 'collaborative funds' i.e., '10 years loan' which was initially provided by China Development Bank to acquire all 128 of Illumina, Inc.'s newest and fastest next ...
Because of this, full genome sequencing is considered a disruptive innovation to the DNA array markets as the accuracy of both range from 99.98% to 99.999% (in non-repetitive DNA regions) and their consumables cost of $5000 per 6 billion base pairs is competitive (for some applications) with DNA arrays ($500 per 1 million basepairs). [42]
The appetite for genomic data continues to rise in the field of biotech and pharmaceutical research, but cost is still a factor -- even sequencing a full genome now costs as little as $1,000.
Complete Genomics was founded in June 2005 by Clifford Reid, Radoje (Rade) Drmanac, and John Curson. Clifford Reid was the chairman, president and chief executive officer of Complete Genomics before leaving in 2015 to set up Genos, a spinoff of Complete Genomics' consumer division.
Ads
related to: full genome sequencing companies