Not gonna work. getting a new patent in genetic sequencing takes 10 years of research. then in 5 years you sell only a couple of products, especially if you're not the market leader. Then your competitor can use your idea while you invested billions in it.

Think about oxford nanopore and illumina for example. if illumina could just use their patents after 5 years and given that they already have 90% market share, they would be dead.