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 Company Profile

 

Pacific Biosciences 


1505 Adams Drive
Menlo Park  California  94025  U.S.A.
Phone: 650-521-8000 Fax: n/a


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Pacific Biosciences (PacBio), headquartered in Menlo Park, CA, is a startup biotechnology company developing a transformative Single Molecule Real Time (SMRT™) DNA sequencing platform. PacBio's goal is to commercialize SMRT DNA sequencing technology, eventually enabling sequencing of individual genomes as part of routine medical care. The company is currently venture funded by Kleiner Perkins Caufield & Byers, Mohr Davidow Ventures, Alloy Ventures, Maverick Capital, and others.

Enabling routine use of DNA sequencing requires a significant increase in price performance and overall capabilities. The current industry-standard, Sanger sequencing, is expensive and slow for routine medical use. It was used for the Human Genome Project which took approximately 13 years and $3 billion to complete. Recently developed Next Generation Sequencing (NGS) platforms have increased throughput and lowered cost but have done so at the expense of other aspects of performance. They provide data in the form of short blocks of sequence, or short reads. Due to the highly repetitive nature of complex genomes, these short reads cannot be placed unambiguously on a known sequence template, nor do they generate sufficient overlap for reconstruction if the sequence is novel. Long reads are required to accomplish this successfully and efficiently.

PacBio's SMRT technology offers a completely new performance envelope - long reads, increased throughput, and low cost. Long reads are a critical advantage for a broad range of genomic analysis applications. For resequencing, long reads enable confident genomic placement of repetitive regions and characterization of structural variation. For de novo sequencing, long reads greatly simplify the reconstruction process and can achieve more complete sequence with less coverage. Requiring less coverage translates to much higher performance because fewer reads are needed.

This combination of performance characteristics is the result of a unique approach that uses a single DNA polymerase working in a continuous, processive manner to synthesize DNA. For the first time, natural DNA synthesis by a DNA polymerase can be observed as it occurs.


 Key Statistics


Email:
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Web Site: Pacific Biosciences
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Symbol: 
 



Industry
Biotechnology

Segment
Start Up





 Company News
Pacific Biosciences Selects Camstar to Enable Production of Revolutionary Biotechnology 11/11/2009 8:40:56 AM    More...
Pacific Biosciences Names Dr. Evan Eichler to Scientific Advisory Board 10/19/2009 9:11:05 AM    More...
Pacific Biosciences Receives Nearly $2 Million in National Institutes of Health (NIH) Grants 10/8/2009 8:38:45 AM    More...
Pacific Biosciences Expands Mission and Prepares for Commercialization 9/21/2009 9:35:02 AM    More...
Pacific Biosciences Raises Additional $68 Million in Financing 8/12/2009 6:54:09 AM    More...
Pacific Biosciences Names Dr. Eric Schadt Chief Scientific Officer 5/28/2009 9:28:55 AM    More...
Pacific Biosciences Named Senior Party in Patent Interference with Life Technologies (LIFE) 3/25/2009 10:31:54 AM    More...
Pacific Biosciences: Rapid DNA Test Could Reveal Patient Genome in Minutes Some Day 11/21/2008 8:03:31 AM    More...
Dr. Elaine Mardis Joins Pacific Biosciences Scientific Advisory Board 11/20/2008 8:41:49 AM    More...
Pacific Biosciences (JOBS) Raises $100 Million to Fund Commercial Product Development 7/14/2008 6:18:55 AM    More...
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