Complete Genomics announced its first sequencing partnership with the Institute for Systems Biology, and its plans to offer a $5,000 sequencing service in the second quarter of next year. The company will be the first to offer such a low price tag, and expects that to enable the sequencing of 1,000 human genomes next year and 20,000 in 2010. "That assumes the company can raise the money and find partners to build 10 sequencing centers at a cost of $50 million each.

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