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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) reported significant growth in Q2 2021, with revenues surging to $1.3 million from $71,000 in Q2 2020, driven by sales of the Proteograph Product Suite. The company booked initial revenue and expanded its customer base, including its first international client, while entering the Chinese market through a partnership with Enlight Medical. However, operating expenses increased to $17.4 million, resulting in a net loss of $16.6 million. As of June 30, 2021, Seer held approximately $518 million in cash and investments.
Seer (NASDAQ: SEER) partnered with Enlight Medical to distribute its Proteograph Product Suite in China. This collaboration aims to enhance access to Seer’s innovative proteomics platform in one of the world's fastest-growing life sciences markets. The partnership enables Enlight Medical to leverage its industry experience and connections to facilitate sales and marketing. Seer’s Proteograph technology targets biomarker discovery, essential for research in oncology and other diseases. This agreement is expected to accelerate Seer’s commercial presence in China, meeting the rising healthcare demands in the region.
Seer, Inc. (Nasdaq: SEER) will announce its Q2 2021 financial results on August 12, 2021, after market close. A conference call is scheduled for 1:30 PM PT / 4:30 PM ET. Live audio will be available on Seer’s investor website, with replays following the event. The company is known for its Proteograph Product Suite, designed for deep proteomic analysis, revolutionizing research with easy-to-use tools for labs. Seer emphasizes that the Proteograph is for research only and not for diagnostics.
Seer, Inc. (Nasdaq: SEER) reported Q1 2021 financial results, revealing a revenue decrease to $62,000 from $177,000 in Q1 2020, attributed to diminished activity linked to an NIH grant. The company's operating expenses surged to $16.6 million, a significant rise from $6.0 million the previous year, mainly due to increased employee costs and product development expenses. The net loss widened to $16.4 million compared to $5.5 million in the prior year. The company maintained a robust cash position of approximately $531 million as of March 31, 2021.
Seer, a life sciences company known for its innovative proteomics platform, announced participation in the BofA Securities 2021 Healthcare Conference. The event will take place virtually on May 13 at 10:15 a.m. PT and will feature a fireside chat with management. Investors can access the live webcast through the Investor section of Seer’s website, with an archived replay available afterward. Seer's Proteograph Product Suite offers advanced, unbiased proteomic analysis, designed for use in various laboratories.
Seer, a life sciences company, will report its Q1 2021 financial results after the market closes on May 10, 2021. The management team will host a conference call starting at 1:30 p.m. PT / 4:30 p.m. ET. Investors can access the live audio webcast on Seer’s website, with an archived replay available post-event. Seer's focus is on advancing proteomics through its Proteograph™ Product Suite, designed for deep, unbiased analysis in life sciences research.
Seer has entered a non-exclusive agreement with SCIEX to combine their technologies, enhancing proteomics workflows for diverse laboratories. This partnership integrates SCIEX's mass spectrometry with Seer's Proteograph Product Suite, facilitating unbiased and deep proteomics studies at scale. The Proteograph system, featuring engineered nanoparticles and advanced automation, aims to accelerate research by providing comprehensive protein analysis with unprecedented sensitivity and speed. Both companies anticipate future collaborations to further innovate in proteomics.
Seer, Inc. (Nasdaq: SEER) reported financial results for the year and fourth quarter ended December 31, 2020. Revenue surged to $656,000, up from $116,000 in 2019, driven by grants and collaboration studies. However, operating expenses rose sharply by 102% to $34.3 million, leading to a net loss of $32.8 million. Seer announced significant partnerships, including with the Salk Institute and SCIEX, while strengthening its balance sheet with $417.5 million in net proceeds from its IPO and follow-on offering. The company is transitioning to the second phase of its commercialization plan.
Seer, Inc. (Nasdaq: SEER) announced it will report its financial results for Q4 and full year 2020 on March 29, 2021, after market close. The company will host a conference call at 1:30 p.m. PT / 4:30 p.m. ET, available for live audio on their Investor website. Seer specializes in proteomics and is developing the Proteograph Product Suite, aimed at revolutionizing biological information analysis for life sciences research. The product suite operates efficiently and is not intended for diagnostics.
Seer, a life sciences company listed on Nasdaq under the symbol SEER, will participate in the Cowen 41st Annual Healthcare Conference on March 3, 2021. The management will engage in a fireside chat at 8:40 a.m. PT / 11:40 a.m. ET. A live webcast will be accessible on the company’s investor website, with an archived replay available post-conference. Seer focuses on enhancing scientific outcomes through its Proteograph™ Product Suite, designed for comprehensive proteomics analysis in a short time frame.
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