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
MasterCard, Visa plan group focused on security
Global ho-hum greets hubbub over bitcoin's creator
Samsung introduces free streaming radio service
Snowden, Assange top bill at Texas tech gathering
Taxis, limos upset over rules for tech competition
'Sultans of Science' exhibit opens in Toronto
Fireball explodes over Yellowknife
Constellation Software Q4 profit up slightly
Hubble Telescope captures shattering asteroid
Target breach puts corporate tech execs under fire
Google barge cruising from San Francisco to delta
Forecasters see El Nino warming of Pacific Ocean
Web page follows PQ campaign bus