Cathie Wood: Collapsing DNA Sequencing Costs Are Pushing Healthcare Toward a Revolution

Cathie Wood said the collapse in DNA sequencing costs illustrates the scale of the opportunity in healthcare. The first whole human genome sequence, completed in 2003, cost $2.7 billion; today, sequencing an individual's genome costs less than $100.
Wood said DNA sequencing costs drop roughly 40% for every cumulative doubling in volume, a trend she believes is putting healthcare on the threshold of a major revolution.