Bio-Rad Laboratories: Equipment Provider in the Engine Room of the Genetic Testing Boom Nears a Turnaround

After a temporary hype in the lifestyle market – especially for ancestry tests – the medical sector currently offers enormous growth potential for genetic tests. The most important factor for this is the sharply fallen costs of DNA sequencing since the beginning of the millennium. When the entire human genome was first deciphered around the year 2000, it cost several billion dollars and took many years. Today, the same feat can be accomplished for around $1,000 or less and in just a few days. The use of AI-driven software is further advancing...