Your doctor may soon – perhaps in a year – be able to order up a test to map out your entire genome, or genetic blueprint, and get it in about eight hours for about $100.
That’s stunning news, considering the same test took up to a year and $100 million a decade ago, and now takes 24 hours and costs about $1,000.
Gene-based, “personalized medicine” is coming – the trick is how to use that information to create safe, effective drugs that can navigate a regulatory path to market that now typically takes an average of 12 years and $1.6 billion.