I hope the best for the people of Iceland. deCODE was their hope for a new biotech industry, and remember, the entire country is only a few hundred thousand people.

Too bad the criminals who used their country’s currency and credit to launder money through their banker salaries and bonus are now probably living it up in London by now.

Who will handle the private data generated for the thousands of customers of deCodeMe ? The overheads are probably small but if the Krona is so low now there won’t be enough for even the barest of caretaking duties.

Consumer genetics seems to me to be so dependent on venture capital that it’s likely to disappear as a feature of our web landscape or diversify into ‘lean ancestry suppliers’ (relying on cheap and quick uni-parental loci that often give spurious suggestions of genealogy – see Oxford Ancestors).