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“Complete Genomics, a Mountain View, California-based biotechnology company sequenced three human genomes for about $4400 each, at least in the cost of reagents. The rapid fall in sequencing prices may give genomics an equivalent of Moore’s Law, which describes how the number of transistors on computer chips doubles every 18 months, steadily driving down the cost of computing power. In 2003, the cost of sequencing a human genome was an estimated $300 million. That was down to $1 million in 2007 and $60,000 last year.