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Seer, Inc., a prominent player in the life sciences sector, is revolutionizing the field of proteomics. The company is known for its development and commercialization of the Proteograph Product Suite, an integrated solution designed to unlock deep, unbiased biological information. The suite comprises consumables, automation instrumentation, and software that enable comprehensive proteomic profiling and sample analysis, providing researchers with a detailed view of the proteome.
Seer's technology is built around proprietary engineered nanoparticles, which offer unmatched depth and scale in proteomic studies. This innovative approach allows for the detection of over 6,000 proteins and more than 55,000 peptide IDs in complex samples, such as plasma. The Proteograph Product Suite is designed for ease of use, with features like minimal hands-on time and fully automated workflows, making it accessible to a wide range of research labs.
The company primarily targets academic institutions, life sciences, and research laboratories, as well as biopharmaceutical and biotechnology companies, offering its products for non-diagnostic and non-clinical purposes. Seer has established significant collaborations with industry leaders like Discovery Life Sciences, Bruker Scientific LLC, and Thermo Electron North America LLC, enhancing its market reach and technological capabilities.
Recently, Seer has made headlines through its partnership with Panome Bio to integrate deep, unbiased proteomics with metabolomics, aiming to accelerate research in biomarker discovery and drug development. The collaboration is expected to facilitate groundbreaking studies with robust pathway analyses, significantly advancing the understanding of biology and disease.
In another noteworthy development, Seer announced a major study published in Nature Communications, conducted in collaboration with Weill Cornell Medicine. This research showcased Seer's Proteograph workflow's potential to unveil novel proteogenomic insights, linking genetic variation with protein abundance at peptide level resolution. This study is a testament to Seer's commitment to advancing multi-omics research and enhancing precision medicine.
Seer's financial outlook remains optimistic despite macroeconomic challenges. The company continues to drive the adoption of its Proteograph Product Suite by expanding its Technology Access Center and increasing its commercial reach. As more customer data and third-party publications highlight the power of Seer's technology, the company anticipates growing adoption and impact in the scientific community.
In summary, Seer, Inc. is at the forefront of proteomics, offering transformative solutions that provide unparalleled insights into the proteome, thus paving the way for significant advancements in biological research and precision medicine.
Seer Inc. (NASDAQ: SEER) announced the launch of its new Proteogenomics Workflow, integrating deep proteomics with genomics via the Proteograph Analysis Suite 2.0. This advancement allows for high-resolution, sample-specific analysis, enabling researchers to identify novel protein variants critical for health and disease understanding. The launch follows the formation of the Proteogenomics Consortium with Discovery Life Sciences and SCIEX to enhance biomarker discovery. The software is immediately available to customers, promoting broader access to advanced proteogenomics tools.
Seer Inc. (NASDAQ: SEER) has scheduled its second quarter 2022 financial results announcement for August 9, 2022, at 1:30 p.m. PT / 4:30 p.m. ET. The event will include a live webcast available on the investor section of its website, with an archived replay posted afterward. Seer is a life sciences company focused on innovative proteomics solutions, specifically through its Proteograph™ Product Suite, which enables efficient and scalable proteomic analysis designed for research purposes.
Seer, Inc. reported its first-quarter 2022 financial results, showing significant growth with $3.3 million in revenue, up from $62 thousand the previous year. This surge is attributed to the sales of the Proteograph Product Suite. The gross profit stood at $1.2 million with a 38% gross margin. However, operating expenses rose to $25 million, leading to a net loss of $23.6 million. Despite these losses, Seer anticipates full-year revenue between $14 million and $16 million, while expanding investments in commercial and R&D activities.
Seer, a life sciences company, will participate in the BofA Securities 2022 Healthcare Conference on May 10, 2022, at 4:40 p.m. PT. The event will feature a fireside chat with Seer's management, and interested parties can access a live webcast on the investor section of Seer's website. Seer's Proteograph Product Suite offers innovative solutions for deep proteomic analysis, designed for efficiency and ease of use. This platform is intended for research purposes only and is not for diagnostic procedures.
Seer Inc. (NASDAQ: SEER) will report its Q1 2022 financial results on May 4, 2022, followed by a conference call at 2:00 p.m. Pacific Time. The company is known for its innovative Proteograph Product Suite, designed for advanced proteomic analysis. This technology allows for deep, unbiased research capabilities, making it accessible to laboratories worldwide. The company emphasizes its focus on research use only, with no current diagnostic applications.
Seer Appoints New Chief Commercial Officer
Seer, Inc. (Nasdaq: SEER) announced the appointment of Scott D. Thomas as Chief Commercial Officer effective March 21, 2022. Thomas joins Seer with over 20 years of sales experience in the life sciences sector, previously serving at Singular Genomics and Illumina. CEO Omid Farokhzad expressed enthusiasm for Thomas's leadership as the company accelerates its commercial efforts following the launch of the Proteograph Product Suite, designed to enhance access to proteomic analysis.
Seer, Inc. (Nasdaq: SEER) announced a study published in PNAS showcasing their Proteograph Product Suite's superior performance in deep proteomics. The study revealed significant advancements in precision and throughput, achieving a median depth of coverage improvement of tenfold, 2x precision enhancement, and 2.5x more protein identifications compared to conventional methods. These findings establish the Proteograph as a leading tool for unbiased proteomics studies, vital for understanding the proteome's role in precision medicine.
Seer, Inc. (Nasdaq: SEER) reported a significant increase in revenue for the full year 2021, totaling $6.6 million, driven by the successful launch of the Proteograph Product Suite. The fourth quarter alone saw revenue of $3.1 million, up from $336 thousand in Q4 2020. However, the company faced a net loss of $19.7 million in the fourth quarter and $71.2 million for the full year. For 2022, Seer anticipates revenue of $14.0 million to $16.0 million while increasing investments in commercial and R&D activities.
Seer, a life sciences company specializing in proteomics, has announced its virtual participation in the Cowen 42nd Annual Health Care Conference scheduled for March 8, 2022. The company's management will engage in a fireside chat at 11:50 a.m. Pacific Time. Interested investors can access a live webcast on Seer’s investor website, with an archived replay available afterward. Seer’s Proteograph Product Suite enables deep proteomic analysis efficiently and is designed for research use only, aiming to enhance laboratory capabilities.
Seer Inc. (NASDAQ: SEER) will release its financial results for Q4 and full year 2021 on February 28, 2022, after market close. A conference call with management will follow at 1:30 PM PT / 4:30 PM ET, available via a live webcast on Seer's investor website. Seer specializes in proteomics, offering the Proteograph Product Suite, which comprises engineered nanoparticles and software for comprehensive proteomic analysis. The suite aims to enhance research efficiency, though it is not intended for diagnostic use.
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