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PacBio Announces New Agreement with Novogene to Purchase Ten Sequel Systems

PACIFIC BIOSCIENCES (PACB)  More Company Research Source: GlobeNewswire
Last pacific biosciences earnings: 2/1 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.pacificbiosciences.com
PDF MENLO PARK, Calif. and SAN DIEGO, Aug. 02, 2017 (GLOBE NEWSWIRE) -- Pacific Biosciences of California, Inc. (Nasdaq:PACB) and Novogene Corporation today announced a new agreement by Novogene to purchase 10 Sequel® Systems, giving the DNA sequencing service provider the capacity to run up to 20 Sequel Systems at a time. Novogene, a leading provider of genomic services and solutions with cutting edge next-generation sequencing and bioinformatics expertise, is the largest user of PacBio’s Sequel Systems in the world. The service provider has ramped its use of the system dramatically since earlier in the year when it acquired acesss to the first 10 Sequel Systems through the Nanjing Yangzi State-Owned Investment Group in China. The Sequel System, based on PacBio’s unique Single Molecule, Real-Time (SMRT®) technology, provides an unmatched depth of genet [Read more]

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