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Pacific Biosciences Introduces Enhancements to Sequel System

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Pacific Biosciences of California, Inc. (PACB - Free Report) recently introduced new enhancements to its flagship DNA-sequencing platform — the Sequel System. The features include a new version (6.0) of its software, new consumable reagents (3.0) and the latest SMRT Cell (1M v3).

Per management, the enhancements indicate a strong improvement in terms of read length, throughput and accuracy during DNA sequencing. These will improve the performance and affordability of Single Molecule, Real-Time (SMRT) sequencing by providing individual long reads with more than 99% accuracy.

Pacific Biosciences: a Leading Name in Genomics

The Sequel system has been fortifying Pacific Biosciences’international footprint in the genomics market.

The company’s SMRT sequencing technology helps scientists observe the DNA synthesis in real time by harnessing the natural process of replication initiated by the enzyme DNA polymerase. The system is a nucleic acid sequencing platform based on SMRT technology.

Favorable Trends Drive Genomics Markets

Genomics has received a warm response from the MedTech investment space. Per Markets and Markets, the global Genomics market, which was worth $13.45 billion in 2016, is expected to reach $23.88 billion by 2022 at a CAGR of 10.2%.

The global Genomics markets have benefited from a streak of solid developments in sequencing, microarray, Polymerase Chain Reaction (PCR), Nucleic acid extraction and Purification techniques.

Further, the implications of Artificial Intelligence (AI), cloud-based technologies and R&D focus have provided the companies with significant exposure to Genomics and a competitive edge in the MedTech space of late.

There are other companies poised to gain from the rising influence of Genomics on MedTech. Illumina Inc’s (ILMN - Free Report) portfolio of sequencing platforms comprises systems that are designed to meet the workflow, output and accuracy demands of a full range of sequencing applications.

Thermo Fisher Scientific, Inc (TMO - Free Report) offers a comprehensive portfolio of genotyping solutions for SNP, indel and CNV analysis.

QIAGEN N.V. (QGEN - Free Report) currently offers one of the broadest portfolios of molecular technologies for human healthcare.

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