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SOUTH SAN FRANCISCO, Calif. and HINXTON, United Kingdom, March 03, 2020 (GLOBE NEWSWIRE) — Fluidigm Corporation (Nasdaq:FLDM), an industry baton in microfluidics technology, and Next Gen Affection (NGD), a Wellcome Sanger Institute-based baton in the automation of antibody bioinformatics, today advertise an absolute acceding that enables NGD to advance the Fluidigm® Juno™ arrangement for antibody accomplished genome sequencing (WGS) sample preparation. Beneath the acceding of the agreement, Fluidigm will accept anniversary payments starting in 2020 and added acquirement over bristles years.
Although accomplished genome sequencing provides different ability to accurately ascertain antibody transmission, its boundless use in hospitals has been inherently bound by the all-embracing amount per sample, as able-bodied as abridgement of automation and bioinformatic solutions to abutment the processing of aerial sample volumes.
Providing all-encompassing ability in the assay of antibody DNA, NGD has called industry-leading platforms to accompany high-volume, bargain antibody sequencing to abode the growing all-around hospital surveillance solutions market, estimated to be added than $400M per annum today. With the ambition of accretion this bazaar application accomplished genome sequencing, NGD has decidedly bargain both the costs after of antibody sequencing and time to after-effects by automating bioinformatic assay performed post-sequencing, from affection ascendancy to aftereffect bearing and assessment. Application Fluidigm microfluidics technology, NGD affairs to amend its sample alertness workflow upstream of microbial sequencing in the third division of 2020 to added abate active costs and advance bazaar penetration.
“Our affiliation with Fluidigm will acquiesce NGD to action bargain and high-throughput WGS for boundless use in hospitals,” said Paul A. Rhodes, PhD, architect and CEO of NGD. “By accumulation the amount reductions enabled by NGD’s abounding bioinformatic automation with the Juno microfluidic sample alertness system, we can action hospitals and accessible bloom laboratories the ability of WGS at unprecedentedly low cost, enabling apprehension of antibody manual and surveillance of the advance of drug-resistant pathogens.”
The Fluidigm benchtop Juno microfluidic arrangement enables up to 48 bacterial samples to be able for short-read sequencing with decidedly lower sample and reagent volumes. Delivering cogent accumulation in amount per sample, the Juno NGS library alertness workflow is actuality acclimated by an accretion cardinal of all-around account providers, decidedly abridgement hands-on time and attention adored reagents for DNA and RNA sequencing applications.
“The common attempt adjoin arising drug-resistant microbial bacilli requires new technologies and approaches,” said Chris Linthwaite, President and CEO of Fluidigm. “Supporting avant-garde ally such as NGD is a axial allotment of our advance strategy. Our microfluidic technology is actuality acclimatized to accommodated a new bazaar charge and could accomplish a above addition to audition these alarming pathogens. We are aflame about the assignment NGD is doing, and we see a ablaze approaching advanced for them.”
Next Gen DiagnosticsHeadquartered in Mountain View, Calif., and with a aggregation based at the world-renowned Wellcome Sanger Institute alfresco Cambridge, UK, Next Gen Affection has developed the world’s best complete automation of antibody WGS bioinformatics and has accumulated that with a awful automatic sample alertness and sequencing account to action hospitals a different turnkey capability: onsite, 24-hour WGS after-effects to accredit manual apprehension and beginning blockage and anon adapted diagnostics. Now deployed, accurate and in analytic use, this arrangement has already accurate to ascertain transmission, and in affiliation with hospital infection ascendancy teams, to anticipate outbreaks. For added information, appointment nextgen-dx.com.
About FluidigmFluidigm (Nasdaq:FLDM) is an industry-leading biotechnology tools provider with a eyes to advance activity through absolute bloom insight. We focus on the best acute needs in translational and analytic research, including cancer, immunology, and immunotherapy. Application proprietary CyTOF® and microfluidics technologies, we develop, manufacture, and bazaar multi-omic solutions to drive allusive insights in bloom and disease, analyze biomarkers to acquaint decisions, and advance the development of added able therapies. Our barter are arch academic, government, pharmaceutical, biotechnology, and bulb and beastly analysis laboratories worldwide. Together with them, we strive to access the affection of activity for all. For added information, visit fluidigm.com.
Fluidigm, the Fluidigm logo, CyTOF, and Juno are trademarks and/or registered trademarks of Fluidigm Corporation in the United States and/or added countries. Fluidigm articles are provided for Analysis Use Only. Not for use in analytic procedures.
Forward-Looking Statements for FluidigmThis columnist absolution contains advanced statements aural the acceptation of the Private Securities Litigation Reform Act of 1995, including, amid others, statements apropos anniversary payments and revenues beneath a contract, planned accomplishing of Fluidigm microfluidic articles by a third party, and the advancing allowances to barter of, and applications for, such products. Advanced statements are accountable to abundant risks and uncertainties that could account absolute after-effects to alter materially from currently advancing results, including but not bound to risks apropos to challenges inherent in developing, manufacturing, launching, marketing, and affairs new products; uncertainties in acknowledged relationships; risks apropos to aggregation analysis and development, sales, marketing, and administration affairs and capabilities; reductions in analysis and development spending or changes in account priorities by customers; interruptions or delays in the accumulation of apparatus or abstracts for, or accomplishment of, Fluidigm products; melancholia variations in chump operations; abeyant artefact achievement and affection issues; bookish acreage risks; and competition. Advice on these and added risks and uncertainties and added advice affecting Fluidigm business and operating after-effects is independent in Fluidigm’s Annual Report on Form 10-K for the year ended December 31, 2019, and in its added filings with the Securities and Exchange Commission. These advanced statements allege alone as of the date hereof. Fluidigm disclaims any obligation to amend these advanced statements except as may be appropriate by law.
Next Gen DiagnosticsMedia: [email protected]
FluidigmMedia:Michaeline BuntingSenior Director, Marketing650 737 [email protected]
Investors:Agnes LeeVice President, Investor Relations650 416 [email protected]
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