GenomeQuest Wants to Be the Google of DNA Data Searches
Summary
For one, ever-faster and cheaper DNA sequencing systems—developed by companies such as Roche (which bought 454), and San Diego-based Illumina (NASDAQ:ILMN)—are enabling researchers to generate genetic data at unprecedented scales and speeds.Meantime, life sciences firms are looking to cloud computing to help trim their capital equipment costs and overhead needed to maintain internal IT systems.Jean-Jacques Codani, who was part of the French team involved with the project, developed the core search technology used to mine genetic data with the GenomeQuest platform in the 1990s.Indeed, GenomeQuest said in press release earlier this month that its 2009 sales grew for the fourth consecutive year, though the firm does not reveal specific financial figures.Seattle-based startup Geospiza is a notable contender in providing cloud-based delivery of genomic analysis software; last year the firm turned heads when it released version of its software built on top of the Amazon Web Services cloud computing platform, making the service available to researchers with next-generation sequencing systems made by Carlsbad, CA-based Life Technologies (NASDAQ: LIFE).