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Bionano Genomics, Inc. - BNGO STOCK NEWS

Welcome to our dedicated page for Bionano Genomics news (Ticker: BNGO), a resource for investors and traders seeking the latest updates and insights on Bionano Genomics stock.

Bionano Genomics, Inc. (Nasdaq: BNGO) is a pioneering company in the life sciences instrumentation sector, dedicated to advancing genome biology understanding through innovative solutions. The company is renowned for its development and marketing of the Saphyr™ system, an ultra-sensitive platform designed for structural variation detection. This system enables researchers and clinicians to accelerate diagnostics and therapeutic target discovery, streamlining studies on chromosomal changes.

Bionano's core mission is to transform genomic analysis through optical genome mapping (OGM) solutions, diagnostic services, and software. Their flagship product, Saphyr™, offers unmatched capabilities in structural variation discovery and the ability to construct comprehensive genome assemblies. This technology is crucial for applications in cancer research, human disease studies, agricultural bioengineering, and genome discovery.

Recent achievements include the detection of unique structural variations and gene fusions in blood cancer samples, underscoring OGM's potential as a complement to traditional sequencing methods. Bionano's OGM technology has shown superior sensitivity and resolution in various studies, highlighting its utility in pediatric leukemia and other cancers.

The company operates globally with significant revenue from the Americas, and it generates product revenue from the sales of OGM and Ionic Purification systems and consumables. Bionano also offers diagnostic testing for neurodevelopmental disabilities through its Lineagen, Inc. d/b/a Bionano Laboratories business and industry-leading genome analysis software that integrates next-generation sequencing and microarray data.

Partnerships with AI-driven companies like Diagens further enhance Bionano's offerings, aiming to improve reproductive health and other clinical applications. Additionally, Bionano continuously upgrades its VIA software and Bionano Solve pipeline to provide researchers with precise and sensitive genomic research tools.

For more information, visit Bionano Genomics and its associated websites, www.bionanolaboratories.com and www.purigenbio.com.

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Bionano Genomics, Inc. (Nasdaq: BNGO) will host a conference call and webcast on November 8, 2023, at 4:30 p.m. ET to report financial results for Q3 2023 and highlight recent corporate progress. Participants can access the live webcast on the Investors page of the Bionano website. A replay will be available on the company's investor relations website for at least 30 days.
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Bionano Genomics will participate in the ASHG Annual Meeting 2023, presenting on the utility of optical genome mapping (OGM) in genetic disorder research. The conference will feature scientific presentations, poster sessions, and a sponsored session highlighting the latest research findings using OGM. Bionano's CEO, Erik Holmlin, expressed excitement about the variety and scale of the studies being presented, emphasizing the impact of OGM on genetic research.
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Bionano Genomics announces financing of $80 million, preliminary Q3 revenue of $9.1-9.3 million, and growth in installed base of Saphyr systems and nanochannel array flowcells.
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Bionano Genomics announces pricing of convertible notes and warrants offering
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Bionano Genomics publishes benchmarking study comparing optical genome mapping (OGM) to chromosomal microarray analysis (CMA) for molecular analysis of genetic disorders. OGM shows 100% concordance with CMA for pathogenic variants, 98% concordance for clinically significant structural variants. OGM provides higher resolution and eliminates the need for reflex testing with FISH and KT. Positive potential for cost-effective workflow and simple interpretation.
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Bionano Genomics grants inducement award to new CFO
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Bionano's OEM partner Ecobono obtains NMPA approval for DNA isolation kits, allowing sales to independent clinical laboratories and Chinese hospitals.
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Bionano Genomics publishes study on challenges in detecting causal variants in Mendelian disease, highlighting the potential of multiple techniques and optical genome mapping (OGM)
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Bionano Genomics announces publication on the utility of optical genome mapping and whole-exome sequencing in understanding pediatric B-cell precursor acute lymphoblastic leukemia (BCP-ALL)
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Bionano Genomics demonstrates the utility of optical genome mapping (OGM) in evaluating CRISPR-Cas9 edited genomes for stem cell therapy. Approximately 15% of edited genomes had potentially pathogenic deletions. Comprehensive analysis of edited genomes is important for developing therapies.
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FAQ

What is the current stock price of Bionano Genomics (BNGO)?

The current stock price of Bionano Genomics (BNGO) is $0.224 as of November 22, 2024.

What is the market cap of Bionano Genomics (BNGO)?

The market cap of Bionano Genomics (BNGO) is approximately 22.6M.

What does Bionano Genomics, Inc. specialize in?

Bionano Genomics specializes in genome analysis solutions, particularly through their Saphyr™ system for structural variation detection.

What is the Saphyr™ system?

The Saphyr™ system is Bionano's high-speed, high-throughput whole genome mapping solution that offers unmatched structural variation discovery capabilities.

What are the applications of Bionano's OGM technology?

Bionano's OGM technology is used in cancer research, human disease studies, agricultural bioengineering, and genome discovery.

What recent achievements has Bionano reported?

Bionano recently reported detecting unique structural variations and gene fusions in blood cancer samples, showcasing OGM's potential as a complement to traditional sequencing methods.

Where does Bionano operate?

Bionano operates globally with significant revenue generated from the Americas, EMEA, and Asia Pacific regions.

What additional services does Bionano offer?

Bionano offers diagnostic testing for neurodevelopmental disabilities and industry-leading genome analysis software that integrates next-generation sequencing and microarray data.

Who are Bionano's key partners?

Bionano partners with companies like Diagens to enhance clinical applications, particularly in reproductive health.

What is the purpose of Bionano's VIA software?

Bionano's VIA software provides researchers with precise and sensitive tools for genomic research, improving visualization, interpretation, and reporting of results.

Are Bionano's products for research or clinical use?

Most of Bionano’s OGM products are for research use only and not for use in diagnostic procedures.

How can I learn more about Bionano Genomics?

You can visit Bionano's main website at www.bionano.com or its associated websites, www.bionanolaboratories.com and www.purigenbio.com, for more information.

Bionano Genomics, Inc.

Nasdaq:BNGO

BNGO Rankings

BNGO Stock Data

22.58M
101.87M
0.15%
12.81%
10.25%
Medical Instruments & Supplies
Laboratory Analytical Instruments
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United States of America
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