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'Truth' for Less Than a Thousand

Veritas Genetics says it can sequence and interpret your genome as well as provide genetic counseling for less than $1,000, Business Insider reports.

With its $999 myGenome test, Veritas Genetics, which was co-founded by Harvard Medical School's George Church, says in a press release that it will be making whole genome sequencing and interpretation widely available.

"Now that the whole genome is this accessible, it will replace all genetic tests ... because it is all genetic tests, and much, much more," Church says in a statement.

Business Insider points out that most other genetic tests on the market like that from 23andMe only examine a portion of people's genes. However, Sure Genomics recently announced its $2,500 direct-to-consumer genome sequencing service, though it has since received a letter from the US Food and Drug Administration asking why it is marketing the test without clearance from the agency.

According to the company, Veritas' myGenome test requires a prescription and testing performed in a CLIA lab. Customers receive a digital report and app where their results may be viewed. They also have access to video conferencing-based genetic counseling as well as access to Massachusetts General Hospital, Dana Farber Cancer Institute, Boston Children's Hospital, and Mayo Clinic physicians for clinical opinions and follow up.

Veritas says it will begin shipping its test by the end of the month.