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Company Overview
Olink Holding AB (Publ) (symbol: OLK) is a specialized company dedicated to accelerating the field of proteomics. With a focus on advancing biomarker discovery and providing innovative solutions, Olink has established itself as a key contributor to modern clinical research and healthcare innovation. The company develops a platform of products and services designed to address critical needs in proteomics analysis, supporting both academic inquiry and pharmaceutical development.
Core Business Areas
Olink operates at the intersection of biotechnology and clinical research, providing a comprehensive portfolio that enables detailed protein analysis. The company specializes in:
- Proteomics Platforms: Offering advanced tools that allow for the multiplexed analysis of protein biomarkers, thereby facilitating a deep understanding of human physiology.
- Analytical Services: Delivering expert support and high-quality analytical services to biopharmaceutical companies and research institutions that leverage Olink's technology.
- Research Collaboration: Partnering with leading academic and clinical organizations to drive innovative discoveries across multiple disease areas.
Market Position and Relevance
Positioned within the competitive life sciences and biotechnology industries, Olink plays a pivotal role in bridging advanced scientific research with practical healthcare applications. Its robust proteomics platform is integrated into various sectors of the healthcare ecosystem, including drug discovery, clinical diagnostics, and personalized medicine. By contributing actionable insights into cellular processes and disease biomarkers, Olink enhances the capability of researchers to make informed scientific decisions that underpin modern therapeutic strategies.
Technological Excellence
Olink’s solutions are built on cutting-edge proteomics technology that emphasizes accuracy, sensitivity, and high-throughput capability. The platform is engineered to handle the complexities of real-time human biology, offering scientists the tools necessary to detect subtle changes in protein expression. This precision technology not only supports targeted biomarker research but also contributes to a broader understanding of complex biological systems.
Global Footprint and Collaborations
Headquartered in Uppsala, Sweden, Olink has established a strong international presence with proven track records across Europe, North America, and Asia. The company collaborates with a diverse range of stakeholders including leading clinical laboratories, biopharmaceutical companies, and academic institutions. Such collaborations facilitate the integration of advanced proteomic data into research protocols and therapeutic development, underscoring Olink’s commitment to supporting global scientific innovation.
Operational Insights
The business model of Olink is built on delivering high-quality, reproducible proteomics solutions that cater to the evolving needs of the scientific community. The company emphasizes a balanced mix of product innovation and service excellence, ensuring its platform is both accessible and adaptable to a variety of research contexts. Its operations revolve around continuous refinement of assay technologies and platform integration, which in turn supports robust experimental design in clinical research settings.
Impact on Healthcare and Research
Olink’s work has significant implications for modern healthcare, particularly in the realm of early disease detection and personalized medicine. By enabling the detailed profiling of proteins, the company contributes to a deeper understanding of disease mechanisms and therapeutic response. The resulting insights drive more nuanced clinical strategies and foster innovations that improve patient outcomes without relying on speculative future outcomes.
Competitive Landscape
Within the dynamic field of biotechnology, Olink distinguishes itself through its commitment to quality data and scientific rigor. Unlike companies that emphasize volume over precision, Olink’s strategy centers on delivering precise, actionable proteomic data that equips researchers with a clearer picture of biological processes. This focus on excellence, alongside strategic collaborations with high-profile scientific institutions, reinforces its standing as a respected entity in the proteomics arena.
Conclusion
In summary, Olink Holding AB (Publ) offers a robust and scientifically validated suite of proteomics solutions that empower researchers to explore and understand the complexities of human biology. Its commitment to enhancing biomarker discovery, paired with a global, collaborative approach, cements its role as an essential player in the scientific community. The company’s integrated platform, built on technological innovation and expert application, highlights its significance in driving impactful advances in healthcare and biotechnology.
Olink Holding AB (Nasdaq: OLK) announced the winner of the Novelties in Biomarkers award, Melissa Amrein from the University Hospital of Basel, during the Biomarkers of the Future conference in Paris. This annual award, established in 2019, aims to promote young researchers in biomarker discovery. This year witnessed a record number of submissions, with the winning abstract focusing on Gut microbiota-dependent metabolite trimethylamine N-oxide in patients with coronary artery disease. The conference also highlights the significance of high-throughput targeted proteomics in major disease research.
Olink Holding AB (Nasdaq: OLK) announced the launch of the Olink® Signature Q100, a benchtop system designed for multiplex protein biomarker measurement. This innovation allows researchers to measure up to 92 proteins simultaneously using only one microliter of plasma or serum, enhancing access to high-quality proteomics data. The Signature Q100 has been positively received during beta testing at six customer labs, demonstrating effective performance. Olink aims to broaden its application-focused solutions and support biomarker research needs.
Psomagen partners with Olink to enhance multi-omics clinical studies using innovative DNA-coupled immunoassay technology. This collaboration aims to streamline drug development by enabling comprehensive protein biomarker analysis in clinical samples. Leveraging Psomagen's 17 years of genomic sequencing expertise and Olink’s Proximity Extension Assay technology, the partnership seeks to significantly improve research efficiency and contribute to the development of precision therapies. The integration of Olink's assays will complement Psomagen’s existing services, enhancing their position as a leading integrative omics solutions provider.
Olink Holding AB (publ) reported Q3 2021 revenue of $20.0 million, an 82% increase year-over-year. For the first nine months, revenues reached $51.3 million, marking a 91% growth. Adjusted EBITDA was (7.9) million, compared to $2.9 million last year, with a net loss of (5.5) million, versus (0.1) million in Q3 2020. Olink anticipates full-year revenues between $90 million and $92 million. The Explore Kit, comprising 63% of Q3 revenues, contributed significantly despite supply chain hurdles.
Olink Holding AB (Nasdaq: OLK) has announced participation in two key investor events in November 2021. The first is a virtual investor day on November 15, featuring discussions with leading experts on ongoing research projects and Olink's commercial strategy. The second event is the Nordic Post IPO Seminar 2021, where CFO Oskar Hjelm will present on November 24. Olink aims to advance proteomics through its collaborations in academia and biopharma, enhancing understanding of human biology and contributing to modern healthcare solutions.
Fulgent Genetics and Olink Proteomics have launched a strategic partnership to enhance biomarker research and clinical trials. Through this collaboration, Fulgent will provide Olink assays via its CLIA-certified labs in California and China, creating a comprehensive multi-omics platform.
This integration allows researchers to access a broad test menu, including genomics and proteomics, from one portal, streamlining workflows and improving efficiency. The partnership aims to simplify clinical trials for pharmaceutical customers.
Olink Holding AB (Nasdaq: OLK) will announce its third quarter 2021 financial results on November 10, 2021, before market opening. A conference call with management will follow at 8:00 a.m. ET. Interested investors can join the call by dialing provided numbers or through a live webcast. Olink is recognized for its proteomics platform, catering to biopharmaceutical firms and research institutions to enhance healthcare and biological understanding. Founded in 2016, the company is headquartered in Uppsala, Sweden.
Olink Holding AB (Nasdaq: OLK) announced participation in two major virtual investor conferences. CEO Jon Heimer and CFO Oskar Hjelm will be featured in a fireside chat at the Goldman Sachs Eighteenth Annual European Medtech and Healthcare Services Conference on September 8 at 10:30 a.m. ET, followed by a discussion at the Morgan Stanley 19th Annual Global Healthcare Conference on September 10 at 8:00 a.m. ET. Live and archived webcasts of these events will be accessible on the company’s investor relations website.
Olink Proteomics AB (ticker: OLK) has announced a strategic collaboration with CellCarta to enhance targeted protein biomarker quantification for clinical studies. This partnership enables CellCarta to utilize Olink's Proximity Extension Assay technology through its Q100 instruments, making it the first global clinical CRO to offer this advanced proteomic capability. The collaboration aims to address the demand for proteomic biomarkers, supporting multi-omic analysis in clinical trials. The integration of Olink's technology promises improved sensitivity and specificity in protein detection, crucial for advancements in therapeutic development.
Olink Holding AB (Nasdaq: OLK) reported strong second quarter 2021 results, with revenue reaching $17.7 million, a 124% year-over-year growth. The net loss was ($10.6 million), compared to ($2.0 million) in Q2 2020. Adjusted EBITDA was (6.3 million), worsening from (1.3 million) the previous year. Olink anticipates full-year revenue between $90 million and $92 million. The company highlighted success in its Explore platform, generating 53% of total revenue, signaling positive market adoption.
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