Winnipeg Free Press - PRINT EDITION
Posted: 06/15/2013 1:00 AM | Comments: 0
The $14.5-billion investment in the Human Genome Project, completed a decade ago, has paid off more than 60-fold in new jobs, drugs and a rapidly expanding genetics industry, an analysis has found.
The endeavour to map human DNA in its entirety created $966 billion in economic impact, according to the study released by United for Medical Research and Battelle, two research advocacy groups.
Dozens of companies have started with the knowledge gained from the project, leading to new diagnostic tests and development of medicines that can be matched with gene variants linked to disease. The project triggered a new era in the life sciences, with new oncology drugs and screenings among the early developments in the field, said Greg Lucier, chief executive officer of Life Technologies.
-- Bloomberg News
Republished from the Winnipeg Free Press print edition June 15, 2013 D7
Have you found an error, or know of something we’ve missed in one of our stories? Please use the form below and let us know.
Having problems with the form?Contact Us Directly
Visual search to shop: gimmick or game changing?
Apple to unveil next products at Sept. 9 event
Canada tops in scientific literacy: report
US protects 20 species of coral as threatened
Apple loses bid to block sales of 9 Samsung phones
Alibaba's revenue growth surges in latest quarter
Walking fish shed light on evolution of limbs
UN panel: Global warming human-caused, dangerous
American, US Airways will stop listing on Orbitz
Amazon could be ESPN of video games in Twitch deal