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Since 2007, the cost of sequencing genomes has declined 50% faster per year than the cost of computers. Plummeting sequencing costs have been due to a combination of Moore's law and massive scaleups. Juan Enriquez is an author and an expert on the life sciences industry. He runs a venture capital fund that invests in life science startups that could produce useful products and treatments within the next five years, and also engages in more long-term forecasting. In an interview for Next Big Future with Sander Olson, Enriquez discusses the exponential rate of change for biotechnology, and why he believes that the changes wrought by the biosciences during the next three decades could surpass the industrial revolution in importance.
Juan Enriquez
Question: Tell us about Biotechonomy
I am involved with both businesses. In my day job I work at Excel Venture Management, which is a venture capital fund aimed at life science projects. We are currently investing in about 17 companies. At Biotechonomy I do long-term research and speaking.
See more and subscribe to NextBigFuture at 2012-09-19 07:26:20 Source: http://nextbigfuture.com/2012/09/genome-sequencing-improving-faster-than.html