The race started with the establishment of neuro-informatics, using software to analyse the 120-million-base-pair genome of the fruit fly. The USA's Craig Venter's via his firm Celera challenged established government funded science and started the race then to sequence the human genome and patented software and algorithms that were used to analyse it, along with patents on drug target 150 genes. My understanding is that these patents did not, & do not, limit academic research into the human genome and that Venter's team was a major contributer to public gene libraries.
Where does the race end? Craig Venter in his book "A Life Decoded" started that the artificial cell was the next step, where drugs could be trailed by inserting cassettes of genes into DNA to model answers to disease and genetic deformities: Craig Venter is inspirational & what a decade!"