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Agilent Technologies Inc., originally spun out of Hewlett-Packard in 1999, has evolved into a leading firm in the life sciences and diagnostics sector. The company specializes in creating advanced measurement technologies that serve a vast range of customers across various industries.
The company's core business revolves around three main segments: life science and applied tools, cross lab (which includes consumables and services related to life sciences and applied tools), and diagnostics and genomics. These segments collectively cater to a broad spectrum of markets, including biopharmaceuticals, chemicals, advanced materials, clinical labs, environmental testing, forensics, food safety, academic research, and government-related organizations.
Agilent's geographical reach is extensive, with significant operations in the U.S. and China. The company is committed to addressing global trends impacting human health and the environment and continuously anticipates future scientific needs.
Agilent provides comprehensive laboratory solutions that enhance the efficiency of laboratories, from sample preparation to data interpretation and management. Their instruments, software, services, and consumables are designed to meet the most complex laboratory demands, empowering scientists and researchers worldwide to make impactful discoveries and improvements in various fields.
Recent achievements include advancements in biopharmaceutical technology, collaborations with leading research institutions, and the launch of state-of-the-art diagnostic tools. The company also emphasizes sustainable practices and innovations aimed at improving human health and environmental outcomes.
Agilent Technologies Inc. (NYSE: A) has joined the National Institute for Innovation in Manufacturing to Advance Biomanufacturing (NIIMBL), reinforcing its commitment to biopharmaceutical innovation. This partnership aims to enhance continuous manufacturing solutions, improve supply chain logistics, and increase accessibility to biotherapeutics. CEO Mike McMullen emphasized the growing importance of innovative measurement tools for delivering life-saving drugs. Agilent's advanced technologies, such as online HPLC sampling and real-time sensors, will play a vital role in shaping future bioprocess development.
Agilent Technologies (NYSE: A) announced advancements in cancer research at the American Association for Cancer Research Annual Meeting in New Orleans from April 8-13, 2022. The company showcased its innovative products like the Agilent Magnis NGS Prep System, allowing rapid assay setups, and the XF Pro Analyzer for live cell monitoring. Agilent's commitment to cancer research aims to support researchers with a comprehensive toolkit for diagnostics and therapeutic development. In fiscal 2021, Agilent generated $6.32 billion in revenue and has a global workforce of 17,000.
Agilent Technologies Inc. (NYSE: A) has received CE-IVD marking in the European Union for its PD-L1 IHC 28-8 pharmDx assay. This approval allows use in patients with muscle-invasive urothelial carcinoma (MIUC) who exhibit tumor cell PD-L1 expression ≥ 1%, specifically for adjuvant treatment with OPDIVO® (nivolumab). Urothelial carcinoma poses a significant health burden, with 500,000 new cases globally and a 50% relapse rate in MIUC patients. This development enhances treatment options for high-risk patients and underscores Agilent's commitment to advancing diagnostic solutions.
Agilent Technologies Inc. (NYSE: A) announced expanded CE-IVD marking in the EU for its PD-L1 IHC 28-8 pharmDx, aiding in identifying esophageal squamous cell carcinoma patients for treatment with OPDIVO® (nivolumab) alongside chemotherapy or YERVOY® (ipilimumab). Esophageal cancer, the seventh most common globally, had about 600,000 new cases in 2020. This advancement marks a significant step in providing targeted immunotherapy options, promising improved survival rates for patients.
Agilent Technologies Inc. (NYSE: A) has joined the Advanced Mammalian Biomanufacturing Innovation Center (AMBIC), highlighting its commitment to enhancing biopharmaceutical manufacturing processes. This partnership aims to advance analytical tools and solutions critical for biotherapeutics and gene therapy. Senior VP Darlene Solomon emphasized the need for improved biomanufacturing efficiencies. Agilent's innovations in automation, machine learning, and real-time analytics will support these efforts, contributing to lower costs and improved bioprocessing efficiency in the biopharmaceutical sector.
Arima Genomics, Inc. has successfully closed a $7 million Series B Preferred Stock financing round, with participation from both new and existing investors, including Genetron Health and Agilent Technologies. The funds aim to accelerate innovation and expand the company’s capabilities in 3D genomics, which provides crucial insights into the structure of genomes, enhancing research and therapeutic development. Arima's technologies are increasingly recognized in precision oncology, with over 600 global customers and more than 200 peer-reviewed studies leveraging its products.
Agilent Technologies Inc. (NYSE: A) announced Dr. Federica Fiorini as the recipient of the 2022 Darlene Solomon Award, recognizing her research in metabolomics. The award was presented at the iSLS10 symposium in Singapore on March 8-10. Dr. Fiorini will gain exposure through financial support for attending mass spectrometry conferences and working at Agilent's Global Solutions Development Center. The award aims to empower early-career female scientists and promote innovative research in lipidomics. Dr. Fiorini expressed gratitude and enthusiasm for advancing her field.
Edwards, a leader in semiconductor supply, is investing in a new 200,000-square-foot manufacturing facility in Chandler, Arizona. This facility will utilize advanced technologies to support the growing semiconductor market, creating approximately 200 jobs locally. With construction underway, the site will begin operations in Q3, focusing on the remanufacturing and assembly of vacuum pump equipment essential for semiconductor fabrication. This investment underlines Edwards' commitment to sustainable practices and enhancing supply chain capacity in North America.
Agilent Technologies Inc. (NYSE: A) announced that CFO Bob McMahon will participate in Q&A sessions at the Cowen 42nd Annual Health Care Conference on March 8, 2022, at 11:10 a.m. EST, and the Barclays Global Health Care Conference on March 16, 2022, at 2:05 p.m. EDT. Both events will be webcast live, with access links available prior to the sessions on Agilent's Investor Relations website. Agilent is a leader in life sciences and diagnostic markets, generating $6.32 billion in revenue in fiscal 2021.
Agilent Technologies Inc. (NYSE: A) and the University of Vermont (UVM) have launched the Agilent Laboratory for Chemical Analysis (ALCA) in Santa Clara, California, and Burlington, Vermont. This facility aims to advance research in chemical composition and structure, benefiting students, academic staff, and regional businesses. The laboratory will provide state-of-the-art instrumentation and act as a technology resource for local start-ups. Agilent's commitment to science and local community support is emphasized by its investment in this innovative educational space.