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Pacific Biosc - PACB STOCK NEWS

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

Overview of Pacific Biosciences

Pacific Biosciences (PACB) is a premier biotechnology company that designs, develops, and manufactures advanced genomic sequencing solutions. Utilizing cutting-edge long-read sequencing and HiFi technology, the company delivers unparalleled data quality and precision across a range of research applications. Its innovative sequencing platforms empower scientists and clinical researchers to decode complex genomes with unmatched accuracy, offering significant enhancements in genomic analysis.

Core Technologies and Product Offerings

At the heart of Pacific Biosciences’ operations are its two highly differentiated core technologies: HiFi long-read sequencing and SBB® short-read sequencing. These platforms are engineered to provide complete, high-resolution insights into genetic material. The company's systems enable a comprehensive analysis of human germline sequencing, plant and animal sciences, infectious diseases, oncology, and other emerging areas. Their integrated approach streamlines workflows, reduces the need for multiple assays, and supports both research and clinical applications.

Market Position and Industry Impact

Operating in a highly competitive genomic sector, Pacific Biosciences stands out for its commitment to quality, accuracy, and data completeness. The company’s sequencing solutions are used globally, with significant revenue contributions from the Americas, followed by Asia-Pacific and EMEA regions. Its platforms are instrumental in advancing scientific research, from population genomics and rare disease diagnostics to precision medicine and epigenetics. The technologies offered by Pacific Biosciences are pivotal in addressing some of the most complex genetic challenges, thereby reinforcing its authoritative market presence.

Technological Innovations and Capabilities

The innovation pipeline at Pacific Biosciences is robust, with continuous advancements such as improved sequencing chemistries that enhance data output and reduce sample input requirements. Recent developments have optimized performance, making high-quality long-read sequencing more accessible to a wider range of laboratories. These enhancements not only contribute to greater operational efficiency but also expand the scope of genomic research by facilitating multiomic analyses that integrate genomic, methylomic, and epigenomic data.

Commitment to Research and Scientific Excellence

Pacific Biosciences is dedicated to supporting the research community through its comprehensive genomic analysis systems. The company partners with leading academic institutions and research organizations to foster breakthroughs in understanding genetic diseases and developing new diagnostic tools. Its experienced team and long-standing dedication to innovation underpin its mission to redefine what is possible in genomics.

Integrated Platform and Business Model

The company’s integrated platform is designed to serve a broad range of market segments by combining innovative hardware solutions with sophisticated software for data analysis. Its business model centers on delivering reliable, high-quality sequencing systems that can meet both research and clinical demand. With an emphasis on scalability and cost efficiency, Pacific Biosciences provides scientists with the tools needed to perform detailed genomic analysis efficiently.

Why Pacific Biosciences?

  • Precision and Quality: Advanced sequencing technologies that offer complete genomic insights.
  • Innovation Driven: Continuous R&D investments ensure the evolution of cutting-edge sequencing methods.
  • Global Reach: Solutions deployed across major regions, supporting a diverse user base in research and clinical settings.
  • Multiomic Capabilities: Integrated workflows that enhance data depth and facilitate comprehensive analysis.

This detailed analysis underscores Pacific Biosciences’ role as a critical enabler in the realm of genomic sequencing, distinguished by its continual drive to push the boundaries of scientific discovery and clinical research.

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PacBio introduces the PureTarget repeat expansion panel for comprehensive analysis of 20 genes linked to neurological diseases. The new long-read sequencing workflow aims to identify disease-causing variants and methylation signatures efficiently, offering a commercial opportunity in large laboratories.
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PacBio (PACB) to participate in upcoming investor conferences, including TD Cowen 44th Annual Health Care Conference and Barclays 26th Annual Global Healthcare Conference. Live webcasts and replays will be accessible on the company's investor page.
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PacBio (PACB) reports fourth-quarter revenue of $58.4 million, a 113% increase year-over-year, with strong growth in instrument revenue. However, the company faces a net loss of $82.0 million for the quarter. Fiscal year 2023 revenue reaches $200.5 million, showing a 56% increase, but the net loss is $306.7 million. PacBio introduces new products and software updates to enhance its sequencing capabilities and collaborates with research institutions for genetic disease studies.
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VOLO Events Agency Wins Best Event Technology Award at BizBash Awards for PacBio Product Launch, Featuring Immersive Technology and Maroon 5 Performance
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PacBio (PACB) announced two new high throughput library preparation kits and workflows optimized for its Revio sequencing system, offering automated, scalable, and high-performance solutions with a 40% reduction in costs and a 60% decrease in workflow time. The HiFi Plex Prep Kit 96 now includes 384 validated barcode adapters, allowing customers to run 1,536 samples in a single Revio run. These new kits aim to bring scale, savings, and speed never before possible on Revio.
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PacBio (PACB) will hold a conference call to discuss its Q4 2023 financial results on February 15, 2024, at 5:00 pm ET. The call will be webcast and can be accessed on PacBio's website. Dial-in options are also available for live listening or replay.
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PacBio (PACB) announces the launch of PanDNA, a Nanobind DNA extraction kit designed to enable high-throughput extraction of high molecular weight DNA for HiFi sequencing. The PanDNA kit expands the range of sample types suitable for long-read sequencing, including cells, bacteria, blood, tissue, plant nuclei, and insects. The existing Nanobind HT CBB kit has been updated to support two new sample types – animal blood and bacteria – and can accommodate 96 samples per run. The new PanDNA kit is expected to be available in February 2024, while the Nanobind HT CBB kit is available now.
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TurnCare, a leading medical technology and services company dedicated to advancing how hospitals manage high acuity patients, proudly announces the addition of John F. Milligan, Ph.D., investor, innovator, and former CEO of Gilead, to its Board of Directors. Dr. Milligan's expertise includes driving major acquisitions to create unique industry solutions and scaling Gilead to over $21 Billion in worldwide sales with a market cap of $85 Billion. He brings a unique and valuable perspective that will help TurnCare maximize the impact of its novel patient management technologies as it scales to more networks, hospitals, and patients.
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PacBio (PACB) achieved record revenue in 2023, with $58.4 million in Q4 and $200.5 million for the full year. The company shipped 44 Revio sequencing systems and 20 Sequel IIe systems, with a total installed base of 173 and 532 systems, respectively. Preliminary consumable revenue for Q4 was $18.9 million, with approximately 67% from Revio. PacBio aims for annual revenue growth of 40-50% through 2026, targeting over $500 million in 2026.
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PacBio (NASDAQ: PACB) to present at 42nd Annual J.P. Morgan Healthcare Conference on January 10, 2024
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FAQ

What is the current stock price of Pacific Biosc (PACB)?

The current stock price of Pacific Biosc (PACB) is $1.14 as of April 21, 2025.

What is the market cap of Pacific Biosc (PACB)?

The market cap of Pacific Biosc (PACB) is approximately 320.4M.

What is the core business of Pacific Biosciences?

Pacific Biosciences develops and manufactures advanced genomic sequencing solutions that utilize long-read and HiFi technologies to analyze complex genetic information.

How does Pacific Biosciences differentiate its sequencing technologies?

The company distinguishes itself through its dual approach of HiFi long-read sequencing and SBB® short-read sequencing, which together offer high-quality, complete genomic insights unmatched by traditional methods.

Which research applications are supported by Pacific Biosciences’ platforms?

Their sequencing systems support a wide range of applications, including human germline sequencing, oncology, infectious disease research, plant and animal studies, as well as microbiology and multiomic analyses.

How are Pacific Biosciences' solutions integrated into scientific research?

Their integrated platforms combine advanced hardware and sophisticated software, enabling streamlined workflows and comprehensive data analysis that facilitate detailed genomic research.

What regions contribute most to the company's revenue?

The Americas represent the largest revenue share, followed by significant contributions from the Asia-Pacific region and the EMEA markets, reflecting a strong global presence.

What benefits do advanced sequencing solutions provide to researchers?

Using advanced sequencers, researchers benefit from enhanced data accuracy, cost efficiency, and the ability to integrate multiomic analyses, which accelerate scientific discovery.

How does Pacific Biosciences support clinical research?

By providing reliable, high-throughput sequencing systems, the company enables clinical researchers to diagnose rare genetic conditions and advance precision medicine through comprehensive genomic profiling.

What role does innovation play in the company’s strategy?

Innovation is central to Pacific Biosciences’ strategy, with continuous R&D investments driving improvements in sequencing chemistries, system throughput, and overall performance to meet evolving research needs.
Pacific Biosc

Nasdaq:PACB

PACB Rankings

PACB Stock Data

320.42M
270.19M
8.54%
78.24%
21.06%
Medical Devices
Laboratory Analytical Instruments
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United States
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