NasdaqGS:PACBLife Sciences
Pacific Biosciences (PACB) Is Up 13.9% After Revio, Vega and SPRQ-Nx Drive New Customer Growth
In its most recent quarter, Pacific Biosciences of California reported strong uptake of its Revio and Vega sequencing platforms and launched the SPRQ-Nx chemistry, which lowers long-read sequencing costs and broadens clinical research applications through its PureTarget portfolio.
An important angle is that many recent system placements came from first-time customers, meaning the company is expanding its installed base rather than relying solely on existing users.
We’ll now examine how the...