What do you do if you, like the bioware company Life Technologies, have already created more than two thousand products since 2009? You could rest on your laurels, or you could work to make your technology faster and more affordable. With the introduction of the Ion Torrent, Life Technologies has done the latter, and in the process, changed the landscape of pandemic research.
Although technology for gene sequencing has existed for more than four decades, the process has traditionally been slow -- taking a week or more for results -- and expensive. The Ion Torrent takes only a few hours and costs only $50,000. A newer model, the Ion Proton, costs only $1,000 to sequence a genome thanks to proprietary technology.
The $3.6 billion company’s financial outlook keeps improving. With continual, scalable development, the future for Life Technologies and for medical and research facilities benefiting from its work looks bright indeed.
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