OnDC winners — Pacific Biosciences is Overall Winner
Darkstrand — Instrastructure
EverFi — Education
JackBe — Enterprise
Palantir — Government & Security Services
CoaLogix — Greentech
Pacific Biosciences — Healthcare and Overall winner
Bruce Leisz, VP of Operations, is accepting the OnDC award.
Bruce is saying that Pacific Biosciences will significantly boost the ability of the scientific community to rapidly access the Human Genome. Eventually your doctor will be able to speed read your genome. Technology was started at Cornell. The company is now located in Silicon Valley. The realtime processing is 20,000 times faster than the best sequencers on the market today. Next year our product will ship and will be used in large processing centers. By 2013 Pac Bio should be able to sequence all 2 billion pairs of genes in an individual human genome in less than 15 minutes and for a few hundred dollars.
This has never been done before because of its sheer complexity. We had to draw from the semi-conductor industry, telecommunications, optics engineers, chemical and biotech industries.
250 of our 280 employees are scientists and engineers. NIH has given us more than $8 million in grants. We have raised $260 million from the venture community. We are excited to enter the market next year. Thanks for the special recognization. Stay tuned.
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