REYKJAVIK--Iceland's first bioinformatics company is considering going public just two years after it was established with $12 million in seed capital. DeCode Genetics recently won government approval to develop a controversial genetic database of the entire Icelandic population, and the company is now exploring ways to raise the estimated $200 million required to develop it. "It is likely that we will take the public offering route," said DeCode CEO Kari Stefansson.

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