| Ignominious bankruptcy of the year's best invention |
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 DNA strand, Illustration: Ingemar Franzen & New Technology The Icelandic genkartlaggnings for eaglet decodes genetics has applied for bankruptcy after the debt mountain of 200 million U.S. dollars has grown the company over his head. Last year was named the company's DNA analysis for the year's best invention. Genomics company de CODE genetics became known worldwide when the company for nearly ten years ago I mapped virtually the entire Icelandic population's gene pool. Decode later became known as one of the first companies could conduct a survey of an individual's genome. People all over the world sent in tops cellavskrap from mouth to find out the likelihood that later in life would suffer from serious illnesses. Everything from Parkinson's for a different cancer risks went to explore. New Technique Marie Alpman did the self-test for almost two years ago and had their genes mapped. Read her article here. The magazine Time magazine named DNA identification for domestic use as the best invention as recently as last year. But Decode Genetics has been competition and price wars have broken out. Decode has had bad economics for years and came on Wednesday in the emergency brake by applying for bankruptcy. Market capitalization of the company, which to some extent reflects the value of assets, primarily genkartlaggningar for clients, was yesterday afternoon at around 16 million on the Nasdaq Stock Exchange, writes Business World on its news site. |
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