sciencehabit writes “The XPrize Foundation has scrapped its high-profile $10 million genomics challenge set for next month after attracting only two competitors to the sequencing contest. The Archon Genomics XPRIZE began with much fanfare 7 years ago with the aim of boosting medical genomics by offering a $10 million award to the first team to sequence 100 human genomes in 10 days for no more than $10,000 each. After complaints about the tight deadline and unclear judging criteria, the foundation revised the rules in October 2011: The objective was to sequence the genomes of 100 centenarians with high accuracy and 98% completeness within 30 days for $1000 or less. Interest was tepid, however, and only two of the eight contenders in the original contest registered by the 31 May deadline — the company Ion Torrent, and George Church’s lab at Harvard University.”… sciencehabit writes “The XPrize Foundation has scrapped its high-profile $10 million genomics challenge set for next month after attracting only two competitors to the sequencing contest. The Archon Genomics XPRIZE began with much fanfare 7 years ago with the aim of boosting medical genomics by offering a $10 million award to the first team to sequence 100 human genomes in 10 days for no more than $10,000 each. After complaints about the tight deadline and unclear judging criteria, the foundation revised the rules in October 2011: The objective was to sequence the genomes of 100 centenarians with high accuracy and 98% completeness within 30 days for $1000 or less. Interest was tepid, however, and only two of the eight contenders in the original contest registered by the 31 May deadline — the company Ion Torrent, and George Church’s lab at Harvard University.”

Read more of this story at Slashdot.






Read more http://rss.slashdot.org/~r/Slashdot/slashdot/~3/Nb4tmDAKNUs/story01.htm