NEW YORK (GenomeWeb News) – Contract research organization AI Biotech announced it has received a 30-month, $4.3 million contract to carry out a next-generation sequencing project.

The work being carried out is classified and company President and CSO Robert Harris declined to provide specifics about the project to GenomeWeb Daily News, saying only that it is broad-based and will involve the sequencing of "many individual human genomes." The goal is to develop genomic information and methods of handling and processing the data.

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The New York Times reports that a number of companies and research institutes are pursuing gene therapies.

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