It was a confluence of technology, timing, and the economy that led to Decode Genetics' filing for bankruptcy last, says this Nature News post-mortem. The article also warns that personal genomics companies, like Decode's DecodeMe, may also be in trouble as the "services are not seen as a medical necessity." At his blog, Misha Angrist adds what Daniel MacArthur characterizes as "a very brief but eloquent rant." Angrist says the Nature News article is "still trotting out the same tired tropes." He adds: "Just because something is not a medical necessity, does it follow that it is worthless?"
Nov 25, 2009