It is very unethical. The Human Genome Project is the key to massive advancements in medicine: You can get a drug that is specific to your own genetic code instead of some generic pill for a generalized disease. Patenting regions of the human genome only makes it more difficult, and more expensive nation-wide for the medical treatments and scientific advancements we're trying to reach.
In short, one company is making it more difficult to advance for the whole country, while government branches are trying to give it our for free. While I am in favor of a Capitalistic economy, this is ridiculous.