Welcome to our dedicated page for Seer news (Ticker: SEER), a resource for investors and traders seeking the latest updates and insights on Seer stock.
Seer, Inc. develops and commercializes research-use proteomics products centered on its Proteograph Product Suite. The suite integrates proprietary engineered nanoparticles, optimized consumables, automation instrumentation and analytical software for proteomic analysis in research laboratories, academic institutions and biopharmaceutical settings.
SEER news commonly covers financial results and outlook, Proteograph adoption, research collaborations in multi-omic and population-scale studies, intellectual-property developments involving particle-based protein enrichment, and commercial leadership changes. Company updates also include governance and shareholder matters, including board responses to unsolicited proposals, director nominations, rights plans and other capital-structure actions.
Seer, a life sciences company based in Redwood City, California, announced its participation in the Morgan Stanley Global Healthcare Conference in New York City on September 13, 2022. Management will partake in a fireside chat at 8:35 a.m. Eastern Time. The session will be available via a live webcast on the company's investor website, with an archived replay to follow. Seer specializes in proteomics, offering the Proteograph Product Suite for deep proteomic analysis, designed for research use only.
Seer, Inc. announced the publication of a study demonstrating advancements in its Proteograph Product Suite for comprehensive proteomic analysis. The study, published in Advanced Materials, highlights the integration of proteomics methods, nanoengineering, and machine learning to capture thousands of proteins and discover novel biomarkers. CEO Omid Farokhzad emphasized the technology's capacity for deep interrogation of the proteome, enhancing research capabilities globally. The Proteograph suite combines engineered nanoparticles and software for rapid, scalable proteomics.
Seer, Inc. (Nasdaq: SEER) reported a revenue increase to $3.6 million for Q2 2022, up from $1.3 million in Q2 2021, driven by sales of the Proteograph Product Suite. The Proteograph™ Analysis Suite 2.0 was launched, enhancing their competitive edge in proteogenomics. However, the net loss for the quarter widened to $22.8 million compared to $16.6 million in the prior year. Operating expenses grew to $25.0 million, influenced by employee costs and facility expansions. The company maintains a full-year revenue guidance of $14.0 million to $16.0 million.
Seer Inc. (NASDAQ: SEER) announced the launch of its new Proteogenomics Workflow, integrating deep proteomics with genomics via the Proteograph Analysis Suite 2.0. This advancement allows for high-resolution, sample-specific analysis, enabling researchers to identify novel protein variants critical for health and disease understanding. The launch follows the formation of the Proteogenomics Consortium with Discovery Life Sciences and SCIEX to enhance biomarker discovery. The software is immediately available to customers, promoting broader access to advanced proteogenomics tools.
Seer Inc. (NASDAQ: SEER) has scheduled its second quarter 2022 financial results announcement for August 9, 2022, at 1:30 p.m. PT / 4:30 p.m. ET. The event will include a live webcast available on the investor section of its website, with an archived replay posted afterward. Seer is a life sciences company focused on innovative proteomics solutions, specifically through its Proteograph™ Product Suite, which enables efficient and scalable proteomic analysis designed for research purposes.
Seer, Inc. reported its first-quarter 2022 financial results, showing significant growth with $3.3 million in revenue, up from $62 thousand the previous year. This surge is attributed to the sales of the Proteograph Product Suite. The gross profit stood at $1.2 million with a 38% gross margin. However, operating expenses rose to $25 million, leading to a net loss of $23.6 million. Despite these losses, Seer anticipates full-year revenue between $14 million and $16 million, while expanding investments in commercial and R&D activities.
Seer, a life sciences company, will participate in the BofA Securities 2022 Healthcare Conference on May 10, 2022, at 4:40 p.m. PT. The event will feature a fireside chat with Seer's management, and interested parties can access a live webcast on the investor section of Seer's website. Seer's Proteograph Product Suite offers innovative solutions for deep proteomic analysis, designed for efficiency and ease of use. This platform is intended for research purposes only and is not for diagnostic procedures.
Seer Inc. (NASDAQ: SEER) will report its Q1 2022 financial results on May 4, 2022, followed by a conference call at 2:00 p.m. Pacific Time. The company is known for its innovative Proteograph Product Suite, designed for advanced proteomic analysis. This technology allows for deep, unbiased research capabilities, making it accessible to laboratories worldwide. The company emphasizes its focus on research use only, with no current diagnostic applications.
Seer Appoints New Chief Commercial Officer
Seer, Inc. (Nasdaq: SEER) announced the appointment of Scott D. Thomas as Chief Commercial Officer effective March 21, 2022. Thomas joins Seer with over 20 years of sales experience in the life sciences sector, previously serving at Singular Genomics and Illumina. CEO Omid Farokhzad expressed enthusiasm for Thomas's leadership as the company accelerates its commercial efforts following the launch of the Proteograph Product Suite, designed to enhance access to proteomic analysis.
Seer, Inc. (Nasdaq: SEER) announced a study published in PNAS showcasing their Proteograph Product Suite's superior performance in deep proteomics. The study revealed significant advancements in precision and throughput, achieving a median depth of coverage improvement of tenfold, 2x precision enhancement, and 2.5x more protein identifications compared to conventional methods. These findings establish the Proteograph as a leading tool for unbiased proteomics studies, vital for understanding the proteome's role in precision medicine.