Thermo fisher scientific introduces first next-generation sequencing platform that delivers specimen to report in a single day
Thermo fisher scientific announced the launch of its ion torrent genexus system, the first fully integrated, next-generation sequencing (ngs) platform featuring an automated specimen-to-report workflow that delivers results economically in a single day. launched at the association for molecular pathology (amp) 2019 annual meeting, this turnkey solution redefines the genomic profiling paradigm and enables a future in which local hospitals can adopt ngs testing. the company also introduced its oncomine precision assay, an innovative pan-cancer panel for the genexus platform. it enables comprehensive genomic profiling from formalin-fixed, paraffin-embedded (ffpe) tissue and liquid biopsy samples with a single assay. the genexus system changes the current paradigm. its unprecedented turnaround time and fully automated workflow minimize user intervention and the potential for human error. the system also requires minimal amounts of tissue sample and can run small batches cost-effectively to deliver a comprehensive report in one day. together, these features set the stage for molecular pathologists in the future to analyze ngs information in parallel with first-line testing modalities, such as immunohistochemistry (ihc). laboratories can scale their sequencing runs with an innovative sequencing chip design that will enable in-house sequencing facilities to cost-effectively process small batches of samples as they arrive at the lab. the genexus system includes the genexus integrated sequencer, the genexus purification system and an onboard reporting software. the system and its associated reagents are manufactured in an iso 13485 facility that is registered with the u.s. food and drug administration (fda). thermo fisher plans to seek fda approval of the genexus system to accelerate future development of a broad menu of diagnostic assays in oncology and other clinical applications.
TMO Ratings Summary
TMO Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission