Start-up to offer genome sequencing at bargain rate

After operating in stealth mode for more than two years, Complete Genomics took the wraps off on Monday, announcing plans to offer complete human genome sequencing at the bargain basement rate of $5,000 by the second quarter of 2009. CEO Clifford Reid said that Complete Genome will be the first company that can complete full sequencing for less than $1,000 in material costs. Report