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Man Bids $68,000 on Ebay to Have His Genome Sequenced
Scientific American reports that a man won Knome's genome sequencing auction with a winning bid of $68,000. Knome will announce who the winning bidder is once the payment goes through.
But since then, someone did: The auction closed Monday afternoon, with a single bid at the $68,000 minimum Knome had set.
"We don't know who the [auction's] winner is," says Knome's Ari Kiirikki. "We know it's a male and we know he's from Europe." But as soon as the payment goes through, probably within days, the company will learn his identity, he adds, and the unknown man will join about 20 others who have had their genes sequenced by Knome.
Normally, the service-which includes an analysis by Knome's team of clinicians and geneticists so you can understand whether your genetic profile makes you susceptible to certain diseases, such as cancer or Alzheimer's-costs $99,500. It takes about three months to complete the process, says Kiirikki, Knome's vice president of sales and business development.
Proceeds from the eBay auction will go to the X Prize Foundation, an educational nonprofit prize institute whose mission is to create radical breakthroughs for the benefit of humanity. You can still see the auction listing here.
Knome is a service that offers complete genome sequencing for individuals. This is a pricey service that will get cheaper over time as both demand and technology improve. Scientific American points out that a service by 23andme offers a custom genome scan for $399 which can tell you how susceptible you are to certain diseases, such as the dreaded norovirus.
Photo: U.S. National Library of Medicine
Posted on May 10, 2009
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Hot Luxury Item: Personalized Genome Map
The hottest luxury item that the super rich are buying isn't a car, or jewelry or a jet. It's a personalized map
of one's genome. For a mere $350,000 you can have your genome mapped and then interpreted by scientists to let you know what your genetic future holds for you.
On a cold day in January, Dan Stoicescu, a millionaire living in Switzerland, became the second person in the world to buy the full sequence of his own genetic code.
He is also among a relatively small group of individuals who could afford the $350,000 price tag.
Mr. Stoicescu is the first customer of Knome, a Cambridge-based company that has promised to parse his genetic blueprint by spring. A Chinese executive has signed on for the same service with Knome's partner, the Beijing Genomics Institute, the company said.
Scientists have so far unraveled only a handful of complete human genomes, all financed by governments, foundations and corporations in the name of medical research. But as the cost of genome sequencing goes from stratospheric to merely very expensive, it is piquing the interest of a new clientele.
"I'd rather spend my money on my genome than a Bentley or an airplane," said Mr. Stoicescu, 56, a biotechnology entrepreneur who retired two years ago after selling his company. He says he will check discoveries about genetic disease risk against his genome sequence daily, "like a stock portfolio."
But while money may buy a full readout of the six billion chemical units in an individual's genome, biologists say the superrich will have to wait like everyone else to learn how the small variations in their sequence influence appearance, behavior, abilities, disease susceptibility and other traits.
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Biologists have mixed feelings about the emergence of the genome as a luxury item. Some worry that what they have dubbed "genomic elitism" could sour the public on genetic research that has long promised better, individualized health care for all. But others see the boutique genome as something like a $20 million tourist voyage to space -- a necessary rite of passage for technology that may soon be within the grasp of the rest of us.
Oh, please. In ten years, you'll be able to get a personalized genome map at your ATM machine for a $5 surcharge. Everyone will have one. The question is: what can you do with the information you get? If they come up with a cure for cancer, then it's a great thing. Otherwise, it may just become a source of stress knowing that there is a 51% chance you'll get some dread disease after you hit 40.
Posted on March 6, 2008
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