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    10x Genomics Launches Xenium Catalyst Network

    12/20/23 4:05:00 PM ET
    $TXG
    Biotechnology: Laboratory Analytical Instruments
    Industrials
    Get the next $TXG alert in real time by email

    Founding Network Members Will Accelerate Access to Proof-of-Concept Data for Prospective Xenium Customers Worldwide

    PLEASANTON, Calif., Dec. 20, 2023 /PRNewswire/ -- 10x Genomics, Inc., (NASDAQ:TXG), a leader in single cell and spatial biology, today announced the launch of its Xenium Catalyst Network, a global group of technically qualified research institutions that will accelerate access to Xenium proof-of-concept data for researchers worldwide. The four founding members of the Xenium Catalyst Network will add significant capacity for the company's Xenium Catalyst Program, a technical access service launched earlier this year for prospective customers.

    10x Genomics Logo (PRNewsfoto/10x Genomics, Inc.)

    "Since we launched the Xenium Catalyst Program, the customer response has been off the charts," said Jim Wilbur, Chief Commercial Officer at 10x Genomics. "We're now thrilled to expand the program with four exceptional founding network members. These collaborators are as eager and committed as we are to providing a world-class experience and helping more researchers see firsthand the power and performance of Xenium on their own samples."

    While many researchers can use the company's comprehensive menu of in situ datasets, the Xenium Catalyst Network will support researchers who require proof-of-concept data on specific samples to aid in grant applications, funding requests and purchasing decisions. Through the Catalyst Network, researchers can choose from a broad menu of custom and curated gene panels to directly experience Xenium's class-leading performance and high sensitivity and specificity on their own samples.

    The Xenium Catalyst Network is intended to replicate and expand the best-in-class experience and data that researchers can expect when running Xenium in their own labs. The founding Catalyst Network Members are Macrogen Inc., K2bio, BioChain Institute Inc., and The McDonnell Genome Institute at Washington University School of Medicine. 10x Genomics expects to add more research institutions to the Xenium Catalyst Network in 2024.

    K2bio

    K2bio enables early-stage life science companies to develop the next generation of innovative therapies. K2 is at the forefront of single cell analysis, offering revolutionary solutions that enable researchers to explore cellular complexity with unprecedented precision.

    "K2bio, a novel full service preclinical Contract Research Organization (CRO), welcomes our partnership with 10x Genomics and the Xenium Catalyst Network," said Kieron Jones, CEO at K2bio. "Leveraging our experience in translational services, we have chosen to be a part of the Xenium Catalyst Network because the platform provides quality data for rapid insight into the biology of complex tissues, which aids our unified goal to provide cutting edge technologies and services."

    Macrogen, Inc.

    Macrogen is a global leader in precision medicine with a mission to predict and diagnose diseases, and present personalized treatment through R&D based on genome big data and collaboration with medical institutes.

    "Single cell spatial transcriptome analysis using Xenium is believed to be a new technology that adds spatial information to existing single cell analysis," said Changhoon Kim, CEO at Macrogen. "We are very honored to be a Catalyst Network member, as Macrogen has been objectively recognized for its competitiveness as a single cell leader. Macrogen plans to expand pharmaceutical services for new drug screening using in situ single cell analysis and in the future intends to provide global services for precise clinical diagnostic solutions for incurable diseases including cancer."

    BioChain Institute Inc.

    BioChain Institute Inc. has engaged in the field of biological sample analysis for more than 25 years, empowering top global pharma and academic leaders. Its goal is to advance accurate disease diagnosis and drug discovery by enabling its clients with a series of products and services, from sample collection and preparation to analysis, providing customers with complete solutions.

    "We are excited to take this leap into expanding our partnership with 10x Genomics for providing single cell spatial services using the 10x Genomics Xenium In Situ platform," said Vidyodhaya (Vidya) Sundaram, VP of Business Development at BioChain Institute Inc. "With this collaboration, we aim to leverage 10x's extensive experience in translational research and product development to provide cutting edge technology globally."

    The McDonnell Genome Institute at Washington University School of Medicine

    The McDonnell Genome Institute is a world leader in the fast-paced, constantly changing field of genomics. The McDonnell Genome Institute has developed a highly efficient, scalable research pipeline to provide a variety of functional genomics options.

    "Participating in the 10x Genomics Xenium Catalyst Network will help us deliver state-of-the-art spatial genomics services," stated Michael Heinz, Director of Research Operations at the McDonnell Genome Institute. "This collaboration provides our researchers with efficient pathways to acquire essential proof-of-concept data – an important step in securing grant funding or commercializing new technologies."

    About 10x Genomics

    10x Genomics is a life science technology company building products to accelerate the mastery of biology and advance human health. Our integrated solutions include instruments, consumables and software for single cell and spatial biology, which help academic and translational researchers and biopharmaceutical companies understand biological systems at a resolution and scale that matches the complexity of biology. Our products are behind breakthroughs in oncology, immunology, neuroscience and more, fueling powerful discoveries that are transforming the world's understanding of health and disease. To learn more, visit 10xgenomics.com or connect with us on LinkedIn or Twitter.

    Forward Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the "safe harbor" created by those sections. All statements, other than statements of historical facts, may be forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "might," "will,""enable," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "see," "predict," "potential," "would," "likely," "seek" or "continue" or the negatives of these terms or variations of them or similar terminology, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include statements regarding 10x Genomics, Inc.'s expectations regarding the continued growth, performance, utility and expansion of our Xenium platform and Xenium Catalyst Network. These statements are based on management's current expectations, forecasts, beliefs, assumptions and information currently available to management, and actual outcomes and results could differ materially from these statements due to a number of factors. The material risks and uncertainties that could affect 10x Genomics, Inc.'s financial and operating results and cause actual results to differ materially from those indicated by the forward-looking statements made in this press release include those discussed under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the company's most recently-filed 10-K and elsewhere in the documents 10x Genomics, Inc. files with the Securities and Exchange Commission from time to time.

    Although 10x Genomics, Inc. believes that the expectations reflected in the forward-looking statements are reasonable, it cannot provide any assurance that these expectations will prove to be correct nor can it guarantee that the future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or occur. These forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures or investments 10x Genomics, Inc. may make. Further, such forward-looking statements may not accurately or fully reflect the potential impact of adverse geopolitical and macroeconomic events, difficulties selling in APAC, product capabilities and adoption rates, international economic, political, legal, compliance, social and business factors, such as the COVID-19 pandemic, inflation, supply chain that may have on the business, financial condition, results of operations and cash flows of 10x Genomics, Inc. The forward-looking statements in this press release are based on information available to 10x Genomics, Inc. as of the date hereof, and 10x Genomics, Inc. disclaims any obligation to update any forward-looking statements provided to reflect any change in our expectations or any change in events, conditions, or circumstances on which any such statement is based, except as required by law. These forward-looking statements should not be relied upon as representing 10x Genomics, Inc.'s views as of any date subsequent to the date of this press release.

    Disclosure Information

    10x Genomics, Inc. uses filings with the Securities and Exchange Commission, our website (www.10xgenomics.com), press releases, public conference calls, public webcasts and our social media accounts as means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD.

    Contacts

    Investors: [email protected]

    Media: [email protected]

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/10x-genomics-launches-xenium-catalyst-network-302020356.html

    SOURCE 10x Genomics, Inc

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