For those of you who don't understand how Biotech and genomic sequencing applies to you, here's a start: For $2500 (reduced from $1BB price tag in the year 2000) you can send a spit kit to
Diagnomics, Inc. They will load your genomic data into the
My Genome Box service, where you can browse a selection of genomic apps that will tell you a bunch of things, from the frivolous (how much Neanderthal DNA you contain, cost=$0) to your BRCA gene profile for breast cancer (for $19 --
compare to Myriad Genetics' $3000+ price tag for this relatively simple test). Heredity, predisposition to various diseases, tendency toward/away from various psychological traits, etc., most of these studies costing in the $5 range. I'm also pretty sure they'll have an interface app for your phone or tablet soon, too.
It's a new world.
Here's a screen snapshot:
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