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Invitrogen Attune Xenith Flow Cytometer
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Thermo Fisher Launches New Spectral Flow Cytometer: Stock to Gain?
ZACKSยท 2025-05-30 13:20
Company Overview - Thermo Fisher Scientific has launched the spectral-enabled Invitrogen Attune Xenith Flow Cytometer, aimed at enhancing automation and streamlining workflows for immunology and immuno-oncology researchers [1] - The company has a market capitalization of $151.80 billion and has consistently surpassed earnings estimates, with a 2.3% earnings surprise over the last four quarters [3] Product Features - The Attune Xenith Flow Cytometer utilizes core acoustic focusing technology to accelerate sample analysis, significantly reducing processing times while maintaining high sensitivity [5] - It features a clog-resistant design to minimize stoppages and sample waste, allowing for more reliable lab operations [5] - The instrument is equipped with six lasers and 51 fluorescent detectors, providing detailed insights from cellular samples [5] - Designed for extended operation without fluid changes, it maximizes lab productivity with built-in cameras, automated maintenance, and remote diagnostics [6] Market Trends - The flow cytometry market was valued at $4.68 billion in 2024 and is projected to grow at a compound annual growth rate of 8.4% through 2030, driven by increasing incidences of cancer and heightened R&D investments in biotechnology [7] Stock Performance - Following the product announcement, TMO shares increased by 0.8%, closing at $403.75, indicating positive market sentiment towards the stock [2] - Over the past three months, TMO shares have declined by 22.9%, compared to an 11.2% decline in the industry [10]