Signal Genome sequencing cost fell from 300 million dollars to 525 dollars

Summary

According to the report, sequencing the first complete human genome cost 300 million US dollars in 2003, but by 2022 the cost had dropped to 525 dollars. This steep fall, brought about by technological progress, lies behind the sharp increase in the collection of human biological data. Cheaper sequencing has allowed a growing number of private companies to offer consumers access to their own biological data. Scientists, healthcare professionals and members of the public are increasingly drawn to such data to answer questions about health and ancestry. The report expects falling sequencing costs to make genomic and biometric data collection for personalised care and authentication more common.