Gen9 Announces Winners of Inaugural G-Prize Contest
11/14/2012 9:32:09 AM
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Gen9, Inc., a pioneer in the development of scalable technologies for synthesizing and assembling DNA, today announced the five winners of its inaugural G-Prize contest. Collectively, the awardees stand to receive more than 1 million base pairs of DNA manufactured with Gen9’s unique next-generation gene synthesis technology. The G-Prize contest, conceived and exclusively sponsored by Gen9, was launched to foster creative and innovative approaches for using synthetic DNA to advance industries including chemical and enzyme production, biofuels, pharmaceuticals, and even data storage. Contestants submitted applications describing their breakthrough ideas for using gene constructs, and those entries were judged by a panel of experts chosen by Gen9. Based on the current average market cost of similar DNA constructs, the total market value of these prizes exceeds $500,000.