Showing posts with label Pacific Biosciences. Show all posts
Showing posts with label Pacific Biosciences. Show all posts

27 April 2011

Let the games begin

Earlier today, Pacific Biosciences (Menlo Park, CA) announced that they are now shipping their commercial single molecule, real-time PacBio RS sequencing systems. In the press release, PacBio claim that their new technology "allows customers to obtain results in less than a day", compared to the week+ it takes to obtain data from other sequencing technologies. While papers, talks, and videos of PacBio technology has certainly created a buzz among researchers, it will be interesting to see how this step affects business. NASDAQ:PACB stock closed at 11.60 today, lower than their $16 starting share price last October when they IPO'd.