X PRIZE Foundation is a non-profit foundation based in Santa Monica, CA. They gained popularity few years ago when they listed and subsequently awarded the Ansari X Prize. They offered US$10mln to the first private institution that would be able to launch a reusable manned spacecraft into space twice within two weeks. The price was awarded in 2004 and had a lot of echo. After that success, the X-Prize fondation grew stronger so that now they can efford to offer a new batch of prizes, related to different disciplines. One of them is the Archon X Prize for Genomics that also happened to be the largest medical prize in history. The prize is described as
Leave a CommentA multi-million dollar incentive to create technology that can successfully map 100 human genomes in 10 days. The prize is designed to usher in a new era of personalized preventative medicine and stimulate new avenues of research and development of medical sciences.

