10x Genomics Advances into Emerging Field of In Situ Analysis with Two Acquisitions
The two acquisitions will give
“Our goal has always been to anticipate the frontiers of biology and build products that accelerate science in exponential ways. We believe that In Situ approaches will be essential for how biological research and clinical assays will be conducted in the future. After a comprehensive assessment of In Situ efforts worldwide, we are thrilled to welcome ReadCoor and CartaNA to the 10x team,” said Serge Saxonov, co-founder and CEO of
“We conceived of In Situ approaches early on as the best way to perform genomic analysis and develop powerful clinical applications. Since then we have been innovating and building out an extensive range of capabilities to bring those ideas to reality and transform the world of biomedicine,” said
“Our team has been focused on developing In Situ technologies for a number of years, starting with work at
ReadCoor was spun out of George Church’s lab at
As a result of these transactions,
The company expects the ReadCoor acquisition to be completed later this month subject to ReadCoor shareholder approval and customary closing conditions.
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Source: 10x Genomics, Inc.