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Labcorp Adopts Molecular Loop SARS-CoV-2 Research Sequencing Panel for Large-Scale Viral Surveillance

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Molecular Loop Biosciences has announced that Labcorp (NYSE: LH) will utilize its SARS-CoV-2 Research Sequencing Panel to sequence thousands of coronavirus genomes weekly from patient samples. This initiative supports the CDC's efforts to monitor and track SARS-CoV-2 variants across the U.S. The sequencing panel streamlines the process of converting RNA samples into sequencer-ready libraries, enhancing scalability and data quality with redundant probe tiling technology. Molecular Loop aims to simplify genomic technology use in labs and enhance accessibility to genetic testing.

Positive
  • Labcorp is deploying Molecular Loop's SARS-CoV-2 Research Sequencing Panel, enhancing its genomic sequencing capabilities.
  • The sequencing panel facilitates the identification and tracking of SARS-CoV-2 variants, critical for public health monitoring.
  • The technology allows for high genome completion rates, maximizing data yield from patient samples.
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  • None.

NEWTON, Mass., June 22, 2021 /PRNewswire/ -- Molecular Loop Biosciences, Inc. , a company redefining the simplicity of targeted sequencing, announced today that its SARS-CoV-2 Research Sequencing Panel has been deployed by Labcorp (NYSE: LH), a leading global life sciences company, to help sequence thousands of complete coronavirus genomes each week from positive patient samples. This sequencing is being performed as part of a U.S. Centers for Disease Control and Prevention (CDC) effort to identify and track the spread of SARS-CoV-2 variants throughout the country.

"While next-generation DNA sequencing has become the preferred solution for coronavirus variant identification and monitoring, the sample preparation method used greatly impacts both its scalability and the quality of the data that are generated. We are thrilled that our effort to adapt our technology to targeted viral RNA sequencing at scale has allowed us to play a role in this critical effort to combat the spread of coronavirus," said Greg Porreca, Co-Founder and Chief Executive Officer of Molecular Loop.

The Molecular Loop SARS-CoV-2 Research Sequencing Panel converts extracted RNA samples into sequencer-ready libraries in four simple steps, making it easy to implement and scale for Illumina or PacBio sequencing. Redundant probe tiling technology allows for the detection of emerging variants while alleviating the concern of amplicon or allele dropouts that can occur in amplicon-based workflows.

"We are confident that the simplicity of our workflow, coupled with high genome completion rates across a wide range of Ct values, will maximize the yield of this critical information from patient samples," said Pat Saunders, Molecular Loop's Head of Technology Implementation.

About Molecular Loop
Molecular Loop provides customized, targeted next-generation sequencing solutions using its novel molecular inversion probe technology, delivering industry-leading workflow simplicity without sacrificing data quality. The company is leveraging its technology and deep genomic expertise to accelerate innovations in life sciences and make advancements in personalized healthcare. The team is passionate about making it easier than ever for labs to harness the power of genomic technology and make genetic testing more broadly accessible.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/labcorp-adopts-molecular-loop-sars-cov-2-research-sequencing-panel-for-large-scale-viral-surveillance-301317246.html

SOURCE Molecular Loop Biosciences, Inc.

FAQ

What is the significance of Labcorp adopting the SARS-CoV-2 Research Sequencing Panel?

Labcorp's adoption of the panel enhances its ability to sequence thousands of coronavirus genomes, aiding the CDC's efforts in monitoring variants.

How does Molecular Loop's sequencing technology work?

The technology converts extracted RNA samples into sequencer-ready libraries in four simple steps, maximizing efficiency and data quality.

What role does the CDC play in the sequencing efforts by Labcorp?

The CDC facilitates the tracking and monitoring of SARS-CoV-2 variants across the U.S. using the genomic data produced by Labcorp.

What advantages does the sequencing panel offer for coronavirus variant detection?

The panel features redundant probe tiling technology that improves detection and reduces the risk of missing variants during sequencing.

What is the stock symbol for Labcorp?

The stock symbol for Labcorp is LH.

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