NEW YORK (GenomeWeb News) – Life Technologies has registered for the Archon Genomics X Prize, the X Prize Foundation said today.

The winner of the competition will receive up to $10 million for being the first team to accurately and rapidly sequence 100 whole human genomes for $1,000 or less. The result of the competition, the X Prize Foundation said, is to create the first clinical standard "that will transform genome sequencing into usable medical information to improve patient diagnosis and treatment."

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