According to the NY Times. "The Human Genome Project cost $3.8 billion. It was begun in 1990 and its
goal, the mapping of the complete human genome, or all the genes in
human DNA, was achieved ahead of schedule, in April 2003. A federal
government study of the impact of the project indicated that it returned
$800 billion by 2010."
President Obama used his State of the Union speech to emphasize that payback and announce his Brain initiative. “Every dollar we invested to map the human genome returned $140 to our
economy — every dollar,”
"Today our scientists are mapping the
human brain to unlock the answers to Alzheimer’s. They’re developing
drugs to regenerate damaged organs, devising new materials to make
batteries 10 times more powerful."
The Boston Globe describes the origins of the Brain project
"In September 2011, a group of “nano” people
focused on engineering materials at the smallest scales and “neuro”
folks who study the black box of the brain gathered at Chicheley Hall
outside London for a meeting. It was something of a scientific mixer—an
attempt to bridge the gap between two fields that sat on the scientific
equivalent of different continents.
One of the attendees who had dabbled in both
fields, Harvard Medical School genome pioneer George Church, saw it as a
fun meet-and-greet, although he wasn’t convinced it would lead to
anything bigger.
But early on, California Institute of
Technology physics professor Michael Roukes laid out a possible
convergent frontier for the two fields: Nanoscientists were developing
ever-more-capable technologies, which could enable a generation of new
sensors that could record activity from thousands or millions of brain
cells.A handful of
published papers have described new technologies that range from the
plausible to the far-fetched, which could be used to monitor activity in
the brain. But which technologies will be chosen, and at what level of
detail the mapping should take place remains unclear."
The White House fact sheet highlights 4 areas of initial focus:
a) The National Institutes of Health, the Defense Advanced Research
Projects Agency, and the National Science Foundation will support
approximately $100 million in research beginning in FY 2014. b) The National Institutes of Health will establish a high-level working
group co-chaired by Dr. Cornelia “Cori” Bargmann (The Rockefeller
University) and Dr. William Newsome (Stanford University) to define
detailed scientific goals for the NIH’s investment, and to develop a
multi-year scientific plan for achieving these goals, including
timetables, milestones, and cost estimates. c) Federal research agencies will partner with companies, foundations, and
private research institutions that are also investing in relevant
neuroscience research, such as the Allen Institute, the Howard Hughes
Medical Institute, the Kavli Foundation, and the Salk Institute for
Biological Studies. d) Pioneering research often has the potential to raise new ethical
challenges. To ensure this new effort proceeds in ways that continue to
adhere to our highest standards of research protections, the President
will direct his Commission for the Study of Bioethical Issues to explore
the ethical, legal, and societal implications raised by this research
initiative and other recent advances in neuroscience.
Photo Credit
The Graphene Race
“We will someday see an era where mobile devices will truly become flexible—easily folded and unfolded—and that’s when we’ll need graphene,” says Claire Kim, a Seoul-based analyst at Daishin Securities.
The first companies to commercialize graphene technology in mobile devices will have an advantage over the rest of the industry, she says.
Bloomberg
July 23, 2014 in Industry Commentary, Nanotechnology | Permalink | Comments (0) | TrackBack (0)