Because the identification of each base in the sequence does not depend on the correct identification of the previous one, individual errors have less impact on the overall result, generating a more accurate sequence with less repeat sequencing. (For a more detailed explanation and schematic of Complete Genomics’s sequencing process, click here.)
A $5,000 genome is likely to open new arenas in genetic study of common disease. Most studies to date have analyzed carefully selected portions of individuals’ genomes, linking common variations to risk of common ailments, such as diabetes and heart disease. However, even studies of thousands of patients have uncovered genetic variations that account for only a small percentage of the risk for disease. Scientists say that the ability to sequence many people’s genomes will allow them to search for rare variations that likely account for remaining genetic risk. “I’d love to get my hands on [this technology] and think about how I can solve new problems with it,” says Phil Sharp, MIT Institute Professor and winner of the 1993 Nobel Prize in Physiology or Medicine.
Beyond its unique technology, Complete Genomics has also chosen an unusual business model: rather than selling instruments, as most sequencing companies have done, it plans to offer sequencing services through a commercial-scale genome center. Cliff Reid, the company’s president and chief executive officer, hopes that both the service model and the price tag will appeal to those who don’t want to do their own sequencing, such as pharmaceutical companies. “They don’t want to purchase an instrument; they want to purchase data,” says Reid. In an effort to further pharmacogenomics–the ability to prescribe the right drug at the right dose to a patient based on his or her individual genetic profile–genomics is a growing component of clinical trials.
The company is now building a massive data center to manage the immense volume of information it expects to generate; it’s planning to have a computer cluster containing 60,000 processors online by 2010. “No one has ever put together a data processing center this size for sequencing–because no one has ever been able to sequence this many genomes,” says Reid. Complete Genomics will focus entirely on human-genome sequencing, unlike other companies, which use their technology for a variety of sequencing projects. And unlike Knome, a personal-genomics startup that offers individuals a complete genome sequence and personalized analysis for $350,000, Complete Genomics provides only the genome sequence.
The company has already made its first deal: to sequence 100 genomes in 2009 and 2,000 genomes in 2010 for Leroy Hood at the Institute for Systems Biology, in Seattle. Hood, who in the 1980s developed the first automated sequencing machine, sits on the Complete Genomics advisory board. Hood’s project will comprise about ten percent of the facilities sequencing capacity in the first two years.
Even if Complete Genomics faces up to its promises, “they face a lot of competition,” says J. Craig Venter. For example, Applied Biosystems, a veteran in the sequencing industry, recently announced a next-generation technology that it believes will be able to sequence genomes for $10,000.