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Life Technologies Lowers The Cost Of Genomic Sequencing

Thursday, January 28, 2010 5:15:00 AM PDT | VentureDeal Staff

Carlsbad, California  --  Genomic technologies company Life Technologies Corporation (NASDAQ: LIFE) announced the introduction of a new genomic sequencing solution.

Called the SOLiD 4 Sequencing System by Applied Biosystems, the genomic analysis system promises to lower the cost of sequencing a human genome to $3,000 by the end of 2010, with an accuracy of 99.99%.

The company also announced $5 million in grants to educate clinical physicians on molecular medicine, as part of its expected $100 million investment program over the next three years for bioinformatics.

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