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...then, in 1998, Venter took his most audacious gamble. Armed with a more powerful set of gene-sequencing machines and heading a new company called Celera Genomics, he boldly declared that he was going after the biggest prize of all--the human genome. Not only would he sequence the whole thing, but he'd also do it by 2001, several years before the expected completion of the official Human Genome Project. While he insisted he'd make his genome map public, Venter said he'd sell proprietary analytical software to plumb it for information...

Author: /time Magazine | Title: Gene Mapper | 12/25/2000 | See Source »

...luck would have it, Newby launched the market's first genomics fund (symbol: GENEX) in March, only a few weeks before the NASDAQ--led by high-flying Celera--got hammered...

Author: /time Magazine | Title: DNA Alley | 12/25/2000 | See Source »

...genome as a whole, scientists can begin addressing broader questions about who we are and how we got here. They're learning, for example, that humans have far fewer genes than the 100,000 to 140,000 scientists believed as recently as last summer. The real count, says Celera geneticist Mani Subramanian, turns out to be more like 30,000 or 35,000--a number that seems shockingly low to many scientists. "We think we're superior beings," he says. "But we have the same number of genes as a plant...

Author: /time Magazine | Title: Gene Mapper | 12/25/2000 | See Source »

Although the details will take decades to unravel, the genetic evidence is coming in at a remarkable pace. In the months since Venter and Collins stood together at the White House last June, Celera scientists have rushed ahead and sequenced the genome of the mouse. Astonishingly, mouse and human genomes are almost identical, with only a few hundred genes separating...

Author: /time Magazine | Title: Gene Mapper | 12/25/2000 | See Source »

...INSTITUTE FOR GENOMIC RESEARCH PRESIDENT: Claire Fraser FOUNDED: July 1992 EMPLOYEES: 230 WHAT IT DOES: Genomics research on a not-for-profit basis Started by Venter after he left the NIH, this outfit is the mother of Celera. Run now by his wife, Claire Fraser (Venter serves as chairman of the board), it claims credit for identifying many of the human genes used in research today. TIGR (pronounced Tiger) now concentrates on microbial and plant genomic research, the results of which it publishes free on its website: www.tigr.org...

Author: /time Magazine | Title: DNA Alley | 12/25/2000 | See Source »

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