The Beijing Genomics Institute apparently managed to sequence the entire genome of a Chinese man in under a week and for under $1 million. In fact the entire project cost $500,000. Li Zhuo from the institute had this to say to the Reuters News Agency. "We can sequence a genome in less than a week for under a million (US dollars), the cost is going down. Maybe a year later, when we are sequencing the 50th person, the cost would be even lower."
The Chinese scientists have sequenced one genome at the moment, but they plan to sequence 100 more and are currently on the look-out for volunteers. They want to find out if there are any common genetic variants in particular diseases which Chinese people appear to be more vulnerable to.
The other low-cost genome sequencing approach was by a team of scientists from Illumina Cambridge Ltd. They sequenced the entire genome of an African man.
Both studies appeared in the 6th November 2008 issue of the Nature journal.