New start date and first contestant for Genomics X PRIZE
July 25, 2012
The prize was first set up in 2006 and was revised last October.
The current rules lower the cost per sequence allowed, increase the time for sequencing, and establish that the 100 genomes analyzed would belong to people age 100 or older.
Unlike other sequencers on the market, Ion Torrent taps semiconductor technology and uses chemistry, not light, to read the DNA being analyzed.
The minimum standard for the X PRIZE is one error in 100,000 bases, but the goal is one error in 1 million bases. The genomes must be 95% complete, but preferably 98% complete and with genes assignable to each parent’s chromosomes..