Pacific Biosciences of California Inc - Company Profile
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Pacific Biosciences of California Inc (Pacific Biosciences) designs, develops, and manufactures sequencing instruments for solving complex genetic abnormalities. The company’s product portfolio comprises of proprietary phospholinked nucleotides, sequencing systems, analytical software and consumables. Its products enable the identification of novel genes; characterization of alternatively spliced isoforms in prominent gene families, and targeted sequencing, and provide real-time kinetic data for characterization of epigenomes. Pacific Biosciences' products are based on its novel single molecule, real-time (SMRT) sequencing technology. It caters to the scientific and research communities, government, and commercial entities. The company has subsidiaries in the US, Canada, Japan, Germany, China, Singapore, and the UK. Pacific Biosciences is headquartered in Menlo Park, California, the US.
Headquarters
United States of America
Address
1305 O'Brien Drive, Menlo Park, California, 94025
Website
www.pacb.com
Telephone
1 650 5218000
No of Employees
796
Industry
Medical Equipment
Ticker Symbol & Exchange
PACB (NASD)
Revenue (2022)
$200.5M
56.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
2.4%
(2022 vs 2021)
Market Cap*
$393.9M
Net Profit Margin (2022)
XYZ
37.5%
(2022 vs 2021)
* As of and is in US$
Pacific Biosciences of California Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Application Accessory Kits | - |
| Template Prep Kits | PacBio Certified Service Provider Program |
| Multiplexing Kits | Sequencing Methods: |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company's Revio HiFi sequencing system was selected by the University of Tartu to sequence 10,000 whole human genomes, aiming to extract fresh insights from its population health data. |
| 2024 | New Products/Services | In February, the company introduced the new HiFi Prep Kit 96 and HiFi Plex Prep Kit 96. |
| 2024 | New Products/Services | In January, the company launched PanDNA, a versatile Nanobind DNA extraction kit. |
Competitor Comparison
| Key Parameters | Pacific Biosciences of California Inc | Thermo Fisher Scientific Inc | Agilent Technologies Inc | BGI Genomics Co Ltd | 10X Genomics Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | China | United States of America |
| City | Menlo Park | Waltham | Santa Clara | Shenzhen | Pleasanton |
| State/Province | California | Massachusetts | California | Guangdong | California |
| No. of Employees | 796 | 122,000 | 17,700 | 4,448 | 1,243 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| John F. Milligan, Ph.D. | Chairman | Executive Board | 2020 | 62 |
| Christian O. Henry | Director; Chief Executive Officer; President | Executive Board | 2020 | 55 |
| Susan Kim | Chief Financial Officer | Senior Management | 2020 | 47 |
| Mark Van Oene | Chief Operating Officer | Senior Management | 2021 | 50 |
| Michele Farmer | Vice President; Chief Accounting Officer | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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