Roche (SIX: RO, ROG; OTCQX: RHHBY) announced Thursday that it has acquired Stratos Genomics, an early-stage sequencing technology company to advance the development of Roche’s nanopore sequencer. The acquisition provides Roche access to Stratos Genomics unique chemistry, Sequencing by Expansion (SBX™). The Roche nanopore sequencer, once developed, will utilise a novel approach that combines electronic and biological components to sequence DNA for fast, flexible and cost-effective clinical diagnostic testing. “Roche is dedicated to creating innovative diagnostics for the most challenging clinical conditions with techniques that are tailored to individual genetic and disease profiles. These solutions address the demands of research and clinical practice to deliver on the promise of personalised healthcare for patients,” said Thomas Schinecker, CEO Roche Diagnostics.
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Source: https://www.globenewswire.com/news-release/2020/05/22/2037402/0/en/Roche-acquires-Stratos-Genomics-to-further-develop-DNA-based-sequencing-for-diagnostic-use.html