PacBio Announces New Nanobind PanDNA Kit Enabling HiFi Optimized DNA Extraction Solutions
Portfolio Pulse from Benzinga Newsdesk
PacBio (NASDAQ:PACB) has announced the release of a new Nanobind DNA extraction kit called PanDNA, which is optimized for HiFi sequencing and expands the range of sample types for long-read sequencing. The Nanobind kits, including the existing HT CBB Kit, now support high-throughput extraction of DNA from additional sample types like animal blood and bacteria. The PanDNA kit complements the Revio sequencing system and is expected to be available in February 2024, while the HT CBB Kit is already on the market.

January 15, 2024 | 11:28 pm
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PacBio's new PanDNA kit and the updated HT CBB Kit are expected to enhance the company's product offering in the DNA sequencing market, potentially increasing its competitiveness and market share.
The introduction of the PanDNA kit and the expansion of the HT CBB Kit's capabilities are likely to be viewed positively by the market as they enhance PacBio's product lineup and address customer needs for high-throughput DNA extraction. This could lead to increased sales and market penetration, positively impacting the stock price in the short term.
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