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Complete Genomics launches, becomes world's first large-scale human genome sequencing company

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Complete Genomics launches, becomes world's first large-scale human genome sequencing company
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Company to sequence 1,000 human genomes in 2009 for $5,000 each

MOUNTAIN VIEW, Calif. — Oct. 6, 2008 — Complete Genomics Inc., a third-generation human genome sequencing company, today announced its formal launch as the world's first provider of large-scale human genome sequencing services.

The company, which was established in March 2006, has been operating in "stealth mode" from a 32,000-square-foot facility near San Francisco. For the past two and a half years, Complete Genomics has been reinventing the process of DNA sequencing based on pioneering technology invented by its founders and refined by a team of 100 employees with expertise in DNA engineering, molecular biology, instrumentation, semiconductors and high-performance computing. The convergence of these fields in Silicon Valley has allowed Complete Genomics to sequence its first complete human genome, providing proof-of-concept for its disruptive new technology and demonstrating the high accuracy and low cost of its approach.
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