Crowdfunding DNA Testing To Test Price Resistance

There’s a price war going on in the genome sequencing business.

While Veritas Genomics offers a full sequence of your DNA for $999, it is reported that:

“Tute Genomics is crowdfunding a personalized DNA sequencing program. The campaign is aiming to raise $100,000 by offering whole genome sequencing for between $999 and $1,499, a model that effectively makes the project a referendum on whether costs are now low enough to attract consumers.”

Once you get sequenced, you can access Tute’s portal to learn just how scarey your genetic future will be.
http://www.fiercebiotech.com/it/tute-turns-to-crowdfunding-to-offer-personal-whole-genome-sequencing-service

http://www.knome.com/

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About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, insufficient funds fees, Investments, Jobs, Legislative Intent, SEC, Small Business, technology, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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