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Burning Rock Biotech Ltd - BNR STOCK NEWS

Welcome to our dedicated page for Burning Rock Biotech news (Ticker: BNR), a resource for investors and traders seeking the latest updates and insights on Burning Rock Biotech stock.

Overview

Burning Rock Biotech Ltd (BNR) is a specialized cancer diagnostics company that harnesses the power of next generation sequencing (NGS) technology for precision oncology. With its mission to "Guard Life via Science," Burning Rock integrates advanced genomics and bioinformatics to offer tailored diagnostic solutions across the cancer care continuum. Operating at the intersection of cutting-edge technology and clinical expertise, the company is well recognized for utilizing NGS-based diagnostics to support therapy selection for late-stage cancer patients and to advance early detection methodologies.

Business Model and Operational Segments

The company’s business model is built on a dual approach that is designed to meet the diverse needs of modern oncology diagnostics. Burning Rock has established a robust central laboratory infrastructure that provides high-volume, standardized testing services. This central laboratory model ensures consistency, reliability, and efficiency in processing a vast array of cancer diagnostic tests. In tandem, the company deploys an in-hospital testing model, which brings advanced diagnostic capabilities closer to the point-of-care in larger hospitals. This hybrid strategy not only expands its market reach but also addresses varied customer requirements across different healthcare settings.

In addition to these core operational segments, Burning Rock offers Pharma research and development services that support clinical trials and drug development initiatives. This segment emphasizes the company’s ability to contribute to a broader ecosystem by providing genomic insights that can inform treatment strategies and the design of targeted therapies.

Technology and Innovation

At the heart of Burning Rock’s success is its pioneering application of NGS technology. The company leverages advanced genomic sequencing and proprietary bioinformatics pipelines to analyze cancer genomes comprehensively. Its diagnostic offerings are underpinned by a deep integration of laboratory automation, data analytics, and clinical interpretation frameworks. Such a blend of technology ensures high sensitivity and specificity in detecting genomic alterations associated with cancer, thereby guiding therapy selection and enabling early-stage cancer detection.

The company’s innovative portfolio encompasses a diverse range of tests designed to interrogate the genetic landscape of tumors. By embedding robust quality control processes and continuously integrating the latest research findings into its test panels, Burning Rock enhances its ability to deliver reliable and actionable diagnostic information. This continual improvement reinforces the credibility of its assays within the clinical community, ensuring that the provided information is both precise and clinically relevant.

Industry Position and Market Significance

Within the competitive landscape of cancer diagnostics, Burning Rock stands out due to its focused application of precision oncology. By concentrating on NGS-based methodologies, the company addresses significant unmet needs in cancer care, especially in therapy selection for patients with advanced disease as well as in early detection protocols. Its presence in China, coupled with its international trading under globally recognized stock symbols, positions it as an influential entity in the dynamic arena of cancer diagnostics.

Moreover, the company’s integrated approach—spanning from centralized laboratory operations to in-hospital service delivery—enables it to cater to a broad spectrum of healthcare institutions. This flexibility secures its competitive position among both large hospitals and smaller clinical centers, illustrating a clear differentiation from peers that may focus solely on one mode of service delivery.

Proprietary Technologies and Quality Assurance

Burning Rock invests significantly in research and development, continually refining its proprietary technologies to keep pace with the rapid advances in genomic science. Its assays are developed using state-of-the-art NGS platforms and are supported by rigorous quality assurance standards. This commitment guarantees not only reliable testing outcomes but also reinforces the company’s reputation for scientific excellence and operational reliability.

The adoption of automated processes and stringent validation protocols minimizes errors, enhances reproducibility, and ultimately yields diagnostic results that are trusted by clinicians. By ensuring that its testing methodologies adhere to high standards, Burning Rock enhances both the clinical utility and regulatory compliance of its diagnostic solutions.

Market Dynamics and Competitive Landscape

Operating in the intersecting fields of biotechnology and diagnostics, Burning Rock faces competition from both established players and emerging startups in the oncology diagnostics space. However, its dual operational model and emphasis on comprehensive genomic analysis provide a competitive edge. The central laboratory segment, which contributes the majority of its revenue, is particularly critical as it offers economies of scale and deeper integration of bioinformatics tools that allow for nuanced analysis of genomic data.

Compared to competitors, Burning Rock differentiates itself through a documented focus on precision oncology—a field where accurate, timely genomic analysis can directly inform patient treatment journeys. While many diagnostic companies provide general testing services, Burning Rock’s specialized focus on cancer therapy selection and early detection exemplifies its commitment to addressing specific clinical challenges.

Operational Excellence and Infrastructure

The company’s infrastructure is designed to integrate seamlessly with modern healthcare systems. Its in-hospital testing model facilitates rapid turnaround times and collaboration with clinical teams, ensuring that diagnostic information is available when critical therapeutic decisions are made. In contrast, the centralized laboratory model provides a scalable solution for high-volume testing while maintaining consistent quality across diverse sample types and patient demographics.

This operational fluidity is critical in the rapidly evolving field of cancer diagnostics, where the ability to adapt and maintain accuracy across different settings is imperative. Burning Rock’s balanced approach helps it serve a wide array of healthcare providers, reinforcing its status as a versatile and reliable partner in the continuum of cancer care.

Conclusion: A Comprehensive Diagnostic Force

In summary, Burning Rock Biotech Ltd exemplifies a sophisticated integration of advanced NGS technology with a dual-market operational model. Its commitment to precision oncology, robust in-lab infrastructure, and service flexibility across both central laboratory and in-hospital environments underscores its significance in the rapidly evolving field of cancer diagnostics. By continuously refining its proprietary technologies and aligning its services with clinical best practices, Burning Rock delivers diagnostic insights that are both scientifically rigorous and clinically actionable.

For investors, analysts, and industry observers, the company presents a compelling study in how integrated genomic solutions can transform cancer care. Its detailed operational framework, commitment to quality, and clear focus on addressing specific clinical needs make it an essential entity within the broader biotechnology and healthcare landscape.

Rhea-AI Summary

Burning Rock Biotech Limited (NASDAQ: BNR) announced a partnership with Abbisko Therapeutics to develop a companion diagnostic (CDx) assay for ABSK091, aimed at detecting FGFR genetic alterations in urothelial carcinoma patients. Prior studies indicated that ABSK091, an FGFR inhibitor, exhibited safety and preliminary efficacy. Abbisko has received IND approval for ABSK091 from the NMPA and plans to initiate phase Ib/II clinical trials in China. This collaboration aims to leverage next-generation sequencing technology to enhance oncology drug development.

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Burning Rock Biotech Limited (NASDAQ: BNR) is set to release its unaudited financial results for Q1 2021 on May 25, 2021, before U.S. market opens. The company will hold a conference call at 8:00 a.m. ET (8:00 p.m. Hong Kong time) the same day to discuss these results. Burning Rock focuses on next generation sequencing (NGS) technology in precision oncology, leading the market in China with over 273,000 completed tests. More details will be available on their investor relations website.

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Burning Rock Biotech (NASDAQ: BNR) announced strong results from its liquid biopsy assay, recognized in the FDA-led SEQC2 study published in Nature Biotechnology. The assay achieved superior accuracy, sensitivity, and the lowest false-positive rate among five industry-leading ctDNA assays, highlighting its potential in cancer monitoring. With a sensitivity above 90% at low variant allele frequencies (0.3-0.5%), Burning Rock aims to enhance precision oncology solutions. The assay's high performance positions the company favorably within the rapidly evolving NGS-based ctDNA testing market.

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Burning Rock Biotech Limited (NASDAQ: BNR) reported its financial results for Q4 and full year 2020, highlighting a 48.5% revenue increase to RMB131.7 million (US$20.2 million) despite COVID-19 impacts. Full year revenues reached RMB429.9 million (US$65.9 million), a 12.6% rise from 2019. The central laboratory business grew by 22.5% year-over-year. However, the company reported a net loss of RMB156.5 million (US$24.0 million) for Q4 and a total loss of RMB407.2 million (US$62.4 million) for 2020. For 2021, Burning Rock anticipates revenues of approximately RMB610 million (US$93.5 million), indicating 41.9% growth.

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Burning Rock Biotech Limited (NASDAQ: BNR) announced plans to release its unaudited fourth quarter and full year 2020 financial results before markets open on March 11, 2021. Following the results, a conference call will be held at 8:00 a.m. ET to discuss financial outcomes. The company focuses on next-generation sequencing for precision oncology, holding a leading market share in China with over 273,000 tests completed. Investors can access the earnings release on the company’s investor relations website.

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Burning Rock Biotech Limited (NASDAQ: BNR) announced an exclusive licensing agreement with Oncocyte Corporation (NYSE American: OCX) to introduce the DetermaRx™ test for early stage lung cancer in China. This test identifies high-risk patients who may benefit from chemotherapy post-surgery for non-small-cell lung cancer (NSCLC). Developed from a cohort of 361 patients, the test has shown a significant improvement in 5-year freedom from recurrence rates. The partnership aims to enhance patient outcomes and expand market reach, while also providing financial benefits to both companies.

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Burning Rock Biotech Limited (NASDAQ: BNR) announced a secondary public offering of 2,243,000 American Depositary Shares (ADSs) priced at $25.75 each, totaling approximately $57.8 million. The offering comes from selling shareholders, with no proceeds going to the Company. The underwriters, including Morgan Stanley, BofA Securities, and Cowen, have the option to purchase an additional 336,450 ADSs within 30 days. This registration statement was filed with the SEC and became effective on December 3, 2020.

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Burning Rock Biotech Limited (NASDAQ: BNR) has filed a registration statement on Form F-1 with the SEC for a public secondary offering of 1,838,000 American Depositary Shares (ADSs). The selling shareholders have also granted underwriters an option for an additional 275,700 ADSs. The company will not receive any proceeds from this offering. Joint bookrunners include Morgan Stanley, BofA Securities, and Cowen.

The offering aims to provide liquidity for current shareholders, but no proceeds will benefit Burning Rock directly.

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Burning Rock Biotech Limited (NASDAQ: BNR) reported Q3 2020 financial results, with revenues of RMB123.9 million (US$18.2 million), up 19.4% year-over-year. Central laboratory revenues rose 29.7% to RMB89.9 million, driven by a 27.7% increase in patients tested. In-hospital revenue grew 3.3% to RMB31.7 million. Gross profit was RMB91.6 million, a 17.1% increase, but gross margin declined to 73.9%. Operating expenses surged 93.5% to RMB216.2 million, primarily due to R&D costs, reflecting the company's investment in growth.

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Burning Rock Biotech Limited (NASDAQ: BNR) has entered a development agreement with Myriad Genetics (NASDAQ: MYGN) to introduce myChoice® tumor testing for homologous recombination deficiency (HRD) in China. This test identifies patients whose tumors cannot repair DNA, making them susceptible to certain cancer treatments. Following its FDA approval in May 2020 as a companion diagnostic for advanced ovarian cancer, myChoice is now set to enhance personalized cancer treatment in China. Burning Rock will utilize its expertise in NGS testing to support this endeavor.

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FAQ

What is the current stock price of Burning Rock Biotech (BNR)?

The current stock price of Burning Rock Biotech (BNR) is $3.01 as of April 11, 2025.

What is the market cap of Burning Rock Biotech (BNR)?

The market cap of Burning Rock Biotech (BNR) is approximately 31.1M.

What is the core focus of Burning Rock Biotech?

Burning Rock Biotech focuses on cancer diagnostics using next generation sequencing (NGS) to support precision oncology. Its services include therapy selection for late-stage cancer patients and early detection tests.

How does Burning Rock generate revenue?

The majority of the company’s revenue is generated through its central laboratory services, which offer high-volume, standardized diagnostic tests. Additionally, it operates an in-hospital model and provides R&D services for pharmaceutical research.

What technologies does the company utilize?

The company uses advanced NGS technology combined with proprietary bioinformatics pipelines to analyze genomic data. This integration ensures high sensitivity and specificity in its cancer diagnostic tests.

How is the company structured operationally?

Burning Rock operates through a dual model: a central laboratory that handles large volumes of diagnostic tests and an in-hospital model that facilitates point-of-care testing in larger hospitals. It also offers pharma R&D services.

What sets Burning Rock apart from other diagnostic companies?

The company’s emphasis on precision oncology and its two-pronged market approach differentiate it from peers. Its integrated use of advanced NGS technology and robust quality assurance processes further enhances its credibility.

Who are the primary customers of Burning Rock Biotech?

The primary customers include hospitals and clinical centers that require high-quality diagnostic testing for cancer. Additionally, pharmaceutical companies benefit from its R&D services which support clinical trials and drug development.

What is the significance of its central laboratory model?

The central laboratory model allows Burning Rock to offer consistent, scalable, and high-volume diagnostic testing. This approach is critical for maintaining quality across a wide range of samples and ensuring operational efficiency.

How does Burning Rock ensure quality and reliability in its tests?

Quality is ensured through rigorous validation protocols, automated processes, and constant integration of updated research. These measures help achieve highly reproducible and accurate diagnostic results.
Burning Rock Biotech Ltd

Nasdaq:BNR

BNR Rankings

BNR Stock Data

31.13M
6.63M
0.04%
64.46%
0.47%
Diagnostics & Research
Healthcare
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China
Guangzhou