NEW YORK, July 16 – Chile’s state-owned copper miner Codelco has announced plans to launch the Chile Genome Initiative, a project that will use gene sequencing to develop new strains of bacteria that can be used for commercial mining, Dow Jones reported.

Organizers of the initiative have invited private companies to join the “bio-mining” program, which is hoping to raise another $2.5 million from private investors, Dow Jones reported.

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360Dx reports that the US Centers for Medicare & Medicaid Services would cover next-generation sequencing-based cancer panel tests.

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