The Cost Of Sequencing A Human Genome In USD
Source: Deep Into The Forest Substack
The Human Genome Project was first announced in 1990 with the goal of determining the base pairs that make up human DNA and of identifying and mapping all of the genes of the human genome from both a physical and a functional standpoint.
The Human Genome Project was completed 13 years later in 2003.
The total cost of the Human Genome Project was $2.7 billion with a major cost being due to the high cost at the time of sequencing a human genome.
In 2001 it cost around $100 million USD to sequence a human genome.
Learning through trial and error and technological advancements have contributed to a substantial price decline where the price to sequence a human genome is only a little bit more than $1,000 today.
This large price decline has been a big reason for the commercialization of genetic testing from many companies such as Ancestry and 23 & Me.