Helicos loses a lap to Illumina in race for cheap genome sequencing

January 13, 2010 by MassDevice staff

San Diego-based Illumina unveils equipment to sequence the human genome for less than $10,000, dealing a blow to Helicos Biosciences Corp.

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Illumina Inc. (NSDQ:ILMN) put some distance between itself and its competitors this week, as it revealed equipment capable of sequencingthe human genome for less than $10,000.

The San Diego-based company unveiled its HiSeq 2000 at the annual J.P. Morgan Health Care Conference in San Francisco, where CEO Jay Flatley said a Hong Kong-based genomics institute called BGI bought 128 of the $690,000 systems, according to the Wall Street Journal.

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