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Tag: Telesis Bio

  • Telesis Bio (TBIO) Stock Soars In Pre-Market After Strategic Partnership

    Telesis Bio (TBIO) Stock Soars In Pre-Market After Strategic Partnership

    Shares of Telesis Bio, Inc. (NASDAQ: TBIO) are soaring on the US stock charts today, following the announcement of a significant partnership. In pre-market trading, TBIO stock surged 105.60% as of the latest check, reaching a value of $4.77. This rise reflects the market’s positive response to the new collaboration between Telesis Bio and Beckman Coulter Life Sciences, a global leader in laboratory automation.

    Telesis Partnered to Drive Scalable Biofoundries

    The collaboration between Telesis Bio and Beckman Coulter Life Sciences aims to develop highly efficient and scalable biofoundries. These biofoundries will facilitate sustainable and rapid on-premises DNA synthesis using Telesis Bio’s Gibson SOLA enzymatic reagent platform.

    Combining this cutting-edge platform with the automated technology of Beckman Coulter allows for the scalable, dependable, and quick manufacture of high-fidelity DNA. It is anticipated that the collaboration would greatly improve researchers’ capacity to make breakthroughs in a variety of discovery applications.

    TBIO On Path To Flexibility And Innovation In Synthetic Biology

    A key aspect of the collaboration is the integration of Gibson SOLA Enzymatic Synthesis with Beckman Coulter’s Biomek Echo One System, an advanced automation tool. This integration offers an open and flexible solution, allowing researchers to incorporate constructs from other providers compatible with Gibson SOLA technology.

    This capability enhances the technology’s flexibility and broadens its applications in synthesizing unique and complex biological structures. Telesis Bio’s partnership is poised to revolutionize synthetic biology, enabling the creation of local DNA foundries that function as digital-to-biologic converters. These biofoundries can deliver DNA or mRNA at an unprecedented speed, potentially as fast as overnight.

    Advancing Therapeutic And Diagnostic Discoveries

    For Beckman Coulter, this collaboration aligns with its mission to be a trusted laboratory partner by facilitating breakthrough research through more efficient and accurate processes. The Biomek Echo One System streamlines critical workflows such as DNA extraction, fragmentation, and ligation, bringing new levels of automation to DNA and mRNA synthesis.

    This partnership represents a pivotal moment in the advancement of synthetic biology, setting a new standard for on-premises biofoundries and fostering the next wave of therapeutic and diagnostic innovations.

  • Telesis Bio (TBIO) Surge: Unraveling the Mystery Behind the Meteoric Rise

    In an unexpected turn of events, Telesis Bio, Inc. (NASDAQ: TBIO) witnessed an extraordinary surge in its stock price, sending shockwaves through the market. The company’s shares soared by an unprecedented 99% during after-hours trading, following a remarkable 30% climb in the regular session. This surge, accompanied by an astonishing volume of 17 million shares changing hands, has left investors both exhilarated and cautious about what lies ahead.

    Speculation Without Substantiation

    One of the most intriguing aspects of this surge is the absence of any significant news catalyst. While market analysts scramble to make sense of the sudden uptick, many remain puzzled by the lack of concrete information driving the rally. Some speculate that insider knowledge or undisclosed developments may be fueling investor optimism, while others fear the possibility of a speculative frenzy leading to a potential market downturn.

    Financial Realities and Future Projections

    In its recent financial report, Telesis Bio disclosed a third-quarter loss of $10.6 million, equivalent to a loss of 37 cents per share. Although the company generated revenue of $5.6 million during the period, it fell short of analysts’ expectations, who had anticipated revenues of $7.4 million. Despite this setback, Telesis Bio remains steadfast in its optimism, projecting full-year revenue to range between $28 million to $30 million.

    Anticipation Builds Ahead of Financial Disclosures

    As investors eagerly await the upcoming announcement of the fourth-quarter and full-year results, anticipation continues to build regarding the company’s financial performance and its strategic outlook. Analysts and investors alike are keen to gain insights into Telesis Bio’s ability to capitalize on its multi-omic and synthetic biology solutions amidst a rapidly evolving market landscape.

    Conclusion

    Telesis Bio’s recent stock surge has captured the attention of the market, defying expectations and sparking intense speculation. While the absence of concrete news leaves room for uncertainty, investors remain cautiously optimistic about the company’s prospects moving forward. As the wait for further financial disclosures continues, all eyes remain firmly fixed on Telesis Bio and its journey in the dynamic world of synthetic biology.