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Stock impact report

Cytek® Biosciences Opens New Facility to Address Increasing Global Demand for Cutting-Edge Cell Analysis Solutions [Yahoo! Finance]

Cytek Biosciences, Inc. (CTKB) 
Company Research Source: Yahoo! Finance
leading cell analysis solutions company, announced today that it has opened a new 50,000-square-foot facility in Wuxi, China. This strategic move increases the company's manufacturing capacity to meet the growing worldwide demand for comprehensive cell analysis solutions. The Wuxi facility offers the advantage of fostering unique vendor relationships and further facilitates Cytek to manufacture its own components, distinguishing the company from other industry players. In addition to bolstering Cytek's manufacturing capabilities, the facility also accommodates Cytek Wuxi operations, research and development, marketing, human resources, and sales teams. Recognized as a pioneer in spectral flow cytometry, Cytek is the creator of the first commercialized fluorescence-based flow cytometry platform to achieve 40 colors – effectively shifting the paradigm of what scientists thought was possible in flow cytometry. Cytek's portfolio of comprehensive solutions empower scientists, allowing Show less Read more
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