Pulse2 Technology and Social Media News » Halcyon Molecular http://pulse2.com Sat, 26 May 2012 21:27:32 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 PayPal Co-Founder Luke Nosek Joins Halcyon Molecular http://pulse2.com/2009/09/27/paypal-co-founder-luke-nosek-joins-halcyon-molecular/ http://pulse2.com/2009/09/27/paypal-co-founder-luke-nosek-joins-halcyon-molecular/#comments Sun, 27 Sep 2009 13:25:21 +0000 Amit Chowdhry http://pulse2.com/?p=20864 Continue reading →]]> Picture 6
Luke Nosek is a co-founder at PayPal and is a Managing Partner at Founders Fund. Nosek wants to move from the Internet and new media sector and get into science. Nosek is joining Halcyon Molecular, a human genome sequencing firm as a founding president.

Halcyon plans to sequence complete human genomes in less than 10 minutes at a cost of $100. This is a much smaller price and smaller amount of time than currently existing genome sequencing labs. Nosek will continue to lead The Founders Fund’s genomics investing division. Peter Thiel will be joining the board of directors at Halcyon Molecular too.

Halcyon will be competing with 23andme, a genomics company founded by Anne Wojcicki, the wife of Google co-founder Sergey Brin. Halcyon even received a $2 million aberration corrected STEM electron microscope on loan from the U.S. DoE.

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