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X PRIZE Foundation to Announce Second Major Prize for Breakthrough in Genomics

Posted on: Tuesday, 3 October 2006, 12:01 CDT

The non-profit X PRIZE Foundation has created a unique philanthropic prize model designed to stimulate research and accelerate development of radical breakthroughs that will benefit humanity. In a press conference to be held Wednesday, October 4, 2006 from 10:00 AM ET - 11:00 AM ET in Washington, DC, great scientific minds will come together for a common cause: to announce the largest medical prize in history and talk about this new innovative technology that will change the face of medical research and eventually make genome sequencing affordable and available in every hospital and medical care facility in the world.

Rapid genome sequencing is the next frontier for medical science which will allow doctors to determine an individuals' susceptibility to disease and even the genetic links to cancer. Mapping your genetic code is like taking an X-Ray allowing doctors to see inside your genetic past and eventually be able to help determine your genetic future.

Only after we have access to affordable and fast genome sequencing will we be able to take advantage of the countless benefits. This technology helps us refine and perfect our knowledge and practice of preventive medical treatments and procedures. Preventing disease is the next best thing to curing disease.

WHO: Anousheh Ansari, Title Sponsor of the Ansari X PRIZE for private space flight and first private female space explorer

J Craig Venter, Ph.D, one of the leading scientists of the 21st century and founder of the J Craig Venter Institute for Genetic Research

Francis S. Collins, M.D., Ph. D. Director, National Human Genome Research Institute (NIH)

Dr. Peter H. Diamandis, Founder and Chairman of the X PRIZE Foundation

Dr. Stewart Blusson, President, Archon Minerals, Ltd

Billy Tauzin, former Congressman and cancer survivor

Sharon Terry, MA, LHD, Genetic Alliance

WHAT: PRESS CONFERENCE TO ANNOUNCE SECOND X PRIZE

WHERE: 13th Floor Ballroom - National Press Club Building, 529 14th Street, NW, Washington D.C. 20045

WHEN: 10:00 AM ET - 11:00 AM ET

VNR***SATELLITE COORDINATES:

*C-band (analog) - AMC 3, Tx 04 *DL Freq. 3780(V) *Audio 6.2/6.8

*Time 1430 -- 1500 ET

Trouble Line: 202.662.7594


Source: Business Wire

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