Next - generation sequencing
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PacBio Enters Carrier Screening Market With PureTarget Expansion
ZACKS· 2025-09-30 15:05
Core Insights - PacBio (PACB) has entered the high-throughput carrier screening market with its expanded PureTarget portfolio, utilizing HiFi sequencing technology to streamline genetic testing into a single scalable assay [1][3][6] Company Developments - The updated PureTarget panels can process up to 100,000 samples annually on a single Revio system, making them suitable for various applications, including clinical programs and national initiatives [2][4] - The new offering addresses the bottleneck of fragmented tests for analyzing difficult hereditary genes, enhancing efficiency and reducing costs for laboratories [3][4] - PacBio's PureTarget panels are available in flexible kit formats (24 and 96-sample kits) tailored for reproductive health and neurological disease, allowing profitable high-throughput programs within existing reimbursement structures [5][9] Industry Prospects - The global carrier screening market was valued at $1.2 billion in 2022 and is projected to grow at a CAGR of 12.4% from 2023 to 2030, driven by increasing demand for genetic testing [7][8] - Government and private sector investments are expected to further propel market expansion, with a focus on cost-efficient technologies and innovative tests [8]
GRAIL to Present at Morgan Stanley 23rd Annual Global Healthcare Conference
Prnewswire· 2025-08-26 20:02
Core Viewpoint - GRAIL, Inc. is focused on early cancer detection to improve treatment outcomes and will present at the Morgan Stanley 23rd Annual Global Healthcare Conference on September 9, 2025 [1]. Company Overview - GRAIL is a healthcare company dedicated to detecting cancer early when it is most treatable [3]. - The company utilizes next-generation sequencing, large-scale clinical studies, and advanced machine learning to identify multiple cancer types at earlier stages [3]. - GRAIL's platform supports various aspects of cancer care, including multi-cancer early detection, risk stratification, minimal residual disease detection, biomarker subtyping, and monitoring treatment and recurrence [3]. - The company is headquartered in Menlo Park, California, with additional locations in Washington, D.C., North Carolina, and the United Kingdom [3].