Singular Genomics Systems, Inc. Stock Price, News & Analysis

Singular Genomics Systems will disclose its Q1 2022 financial results on May 10, 2022, after market close. A conference call for management's discussion of results is scheduled for 1:30 p.m. PT / 4:30 p.m. ET. The company focuses on next-generation sequencing and multiomics technologies, aiming to enhance research and clinical applications. Singular's products, including the G4 and the upcoming PX, support its mission to advance genomics in science and medicine.

Singular Genomics Systems, Inc. (NASDAQ: OMIC) reported its Q4 and FY 2021 results, highlighting a net loss of $19.8 million for Q4 and $98.8 million for the full year. Operating expenses surged to $19.7 million in Q4 from $7.6 million YoY, driven by headcount growth and G4 product launch investments. The company initiated its G4 commercial launch, secured initial orders, and demonstrated industry-leading sequencing accuracy of ~99.8%. Cash and equivalents were approximately $339.2 million as of December 31, 2021.

Singular Genomics Systems, Inc. (Nasdaq: OMIC) will present virtually at the 42nd Annual Cowen Health Care Conference on March 7, 2022, at 11:10 a.m. PT / 2:10 p.m. ET. The management team will participate in a fireside chat, inviting investors to access live and recorded webcasts via the company's investor relations website. Singular Genomics focuses on next-generation sequencing (NGS) and multiomics technologies, with products aimed at enhancing research and clinical applications. Their G4 and PX instruments target significant advancements in genomics and proteomics.

Singular Genomics Systems announced a partnership with QIAGEN to validate its QIAseq DNA and RNA Library Prep Kits with the G4 sequencing platform. This collaboration aims to enhance customer workflows, providing a plug-and-play solution for integrating G4 into existing NGS systems. Both companies emphasize their commitment to advancing genomic applications in research and healthcare. The QIAseq portfolio is recognized for its effectiveness in detecting genomic changes, positioning Singular to strengthen its offerings in the genomics market.

Singular Genomics Systems (NASDAQ: OMIC) has partnered with Agilent Technologies to enhance its next-generation sequencing (NGS) capabilities. The collaboration aims to validate Agilent's SureSelect target enrichment products with Singular's G4 sequencing platform. This partnership is designed to provide researchers with more streamlined and effective targeted sequencing solutions. Agilent's extensive experience and technologies complement Singular's innovative approaches in genomics, potentially broadening their market reach.

Singular Genomics Systems (NASDAQ: OMIC) announced a collaboration with Roche to integrate KAPA Library Preparation Kits with its G4 sequencing platform. This partnership aims to enhance next-generation sequencing (NGS) workflows, providing customers with efficient and high-quality library prep solutions. Jorge Velarde, Senior VP at Singular Genomics, emphasized the significance of this collaboration for offering seamless integration into existing processes. Roche's advanced technologies will also broaden access to its library prep kits for Singular Genomics users, reinforcing commitment to innovation in genomics.

Singular Genomics Systems, Inc. will report its fourth quarter and full year 2021 financial results on March 2, 2022, after market close. Management will host a conference call at 1:30 p.m. PT/4:30 p.m. ET to discuss the results. The company focuses on next-generation sequencing and multiomics technologies, enhancing research and clinical capabilities. Their foundational product, the Singular Sequencing Engine, underpins two key developments: the G4 for NGS and the PX, integrating single cell and spatial analysis with genomics and proteomics.

Singular Genomics Systems, Inc. (Nasdaq: OMIC) announced a partnership with Lexogen to enhance RNA research capabilities using the G4 sequencing platform. This collaboration will demonstrate the compatibility of G4 with Lexogen’s QuantSeq, CORALL, and LUTHOR RNA library preparation kits. The integration aims to offer customers a seamless experience in NGS workflows, highlighting speed and flexibility in transcriptome analyses. Both companies emphasize their commitment to providing innovative solutions in RNA analysis, with Lexogen recognized for its expertise in the field.

Singular Genomics Systems (Nasdaq: OMIC) has announced a partnership with Twist Bioscience to validate its next-generation sequencing (NGS) Target Enrichment Solutions with the G4 sequencing platform. This collaboration aims to optimize workflow and customization for fixed and targeted sequencing panels. The partnership highlights Singular Genomics' commitment to providing seamless solutions for NGS workflows, enhancing research capabilities for customers. Twist Bioscience, known for its DNA synthesis technology, will support this initiative, expanding the NGS applications available to the scientific community.