Complete Genomics has announced that come Spring 2009, people will be able to order themselves a complete genetic blueprint for just $5,000.
This is an incredible price drop, given that the service currently costs around 20 times that amount.
The benefits of obtaining your DNA sequence is that it gives you information on what diseases you may be predisposed to, what drugs are likely to work best for you, and it opens you up to the possibilities of obtaining personalized medicines.
Implications - The $5000 genome would open up infinite scientific possibilities for genetic research. In addition to identifying rare genetic variants for common diseases, the money could also open up the market to drug companies.