Shipud writes "The X-Prize foundation has announced the $10 million Archon X PRIZE for Genomics — for the first privately financed group to sequence 100 human genomes in 10 days. The motivation is to create an incentive for faster, cheaper genome seqeunceing, heralding the era of preventative personalized medicine. The winner will also receive an extra $1,000,000 for sequencing the genomes of 100 additional people; among them Larry King and Stephen Hawking. Apparently this is the largest medical prize in history."
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