PACB Pacific Biosciences of California Inc.

Pacific Biosciences to Support Sequencing of California Species for the Earth BioGenome Project

Pacific Biosciences to Support Sequencing of California Species for the Earth BioGenome Project

Company will sponsor sequencing and assembly at UC Davis to produce reference-grade genomes for several ecologically important organisms in the state of California

MENLO PARK, Calif. and DAVIS, Calif., Feb. 25, 2020 (GLOBE NEWSWIRE) -- The Earth BioGenome Project (EBP) and Pacific Biosciences of California, Inc. (Nasdaq:PACB), a leading provider of high-quality sequencing of genomes, transcriptomes and epigenomes, today announced that PacBio will support the sequencing of ecologically important organisms in the state of California through the EBP. The effort will be centered at the University of California, Davis.

Launched in 2018, the EBP aims to sequence the DNA of all the planet’s eukaryote biodiversity, some 1.5 million known species, over a period of 10 years. Currently, fewer than 4,500 – or about 0.3 per cent of all known eukaryotic species – have had their genome sequenced, with approximately 100 at reference quality.

PacBio will sponsor the sequencing for several of these organisms, including terrestrial and marine invertebrate species important to the biodiversity of California, such as the Western pygmy blue butterfly, one of the smallest butterflies in the world and the smallest in North America, and the Pacific blood star, an iconic California sea star with an enigmatic distribution and a representative of a genus of sea stars that appears to be less sensitive to the devastating wasting disease outbreak along the West Coast. In order to provide scientists with reference-grade genome assemblies for these organisms, the UC Davis Genome Center, a world-class facility for genomics research and training, will use the PacBio Sequel II System to generate HiFi reads, which provide highly accurate, long-read sequence data.

“There is growing evidence that sequencing with PacBio long HiFi reads provides powerful datasets for generating reference-grade assemblies,” said Harris Lewin, PhD, Distinguished Professor at UC Davis and chair of the EBP. “We are grateful to PacBio for supporting these important conservation efforts and we look forward to producing genomic resources that will be invaluable not only for California-based scientists but also for scientists around the world.”

Often only a single, fragmented draft genome is available for a species, genus, or even family, which limits the potential for conservation and ecological research efforts investigating genetic diversity, evolution and the impact of changing environments. By producing high-quality genome assemblies, scientists can pinpoint problems that may, for example, be accelerating a species’ path to extinction and use that information to guide breeding and other programs for more successful outcomes.

Jonas Korlach, PhD, Chief Scientific Officer at PacBio, commented: “It is an honor to support the generation of high-quality reference genomes for organisms that are vital to our home state of California. PacBio has a long and successful track record of working with major genome sequencing programs, such as the EBP-affiliated Vertebrates Genome Project and the Darwin Tree of Life Project, and we are eager to help advance the EBP’s ambitious goals as well.”

To learn more about the EBP, please visit .

About The Earth BioGenome Project

The Earth BioGenome Project (EBP) is a confederated network of partner organizations and affiliated projects that have a common goal of sequencing and annotating the genomes of all 1.5 million known species of eukaryotes on the planet in 10 years. The EBP aims to create a digital backbone of sequences from the tree of life that will serve as critical infrastructure for biology, conservation, agriculture, medicine, and the growing global bioeconomy. During its inaugural year, the EBP has established a foundation that will carry it toward completion of Phase I of the project – the sequencing of a representative species of each of the approximately 9,300 known eukaryotic taxonomic families of plants, animals, protozoa, fungi, and other microbes in the next three years. For more information please visit 

About Pacific Biosciences



Pacific Biosciences of California, Inc. (NASDAQ:PACB) offers sequencing systems to help scientists resolve genetically complex problems. Based on its novel Single Molecule, Real-Time (SMRT®) technology, Pacific Biosciences’ products enable: de novo genome assembly to finish genomes in order to more fully identify, annotate and decipher genomic structures; full-length transcript analysis to improve annotations in reference genomes, characterize alternatively spliced isoforms in important gene families, and find novel genes; targeted sequencing to more comprehensively characterize genetic variations; and real-time kinetic information for epigenome characterization. Pacific Biosciences’ technology provides high accuracy, ultra-long reads, uniform coverage, and the ability to simultaneously detect epigenetic changes. PacBio® sequencing systems, including consumables and software, provide a simple, fast, end-to-end workflow for SMRT Sequencing. More information is available at .

Forward-Looking Statements



All statements in this press release that are not historical are forward-looking statements, including, among other things, statements relating to future availability, uses, accuracy, quality or performance of, or benefits of using, products or technologies, the suitability or utility of products or technologies for particular applications or projects, the expected benefits of the Earth BioGenome Project (EBP) and other future events. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, changes in circumstances and other factors that are, in some cases, beyond Pacific Biosciences’ control and could cause actual results to differ materially from the information expressed or implied by forward-looking statements made in this press release. Factors that could materially affect actual results can be found in Pacific Biosciences’ most recent filings with the Securities and Exchange Commission, including Pacific Biosciences’ most recent reports on Forms 8-K, 10-K and 10-Q, and include those listed under the caption “Risk Factors.”

Pacific Biosciences undertakes no obligation to revise or update information in this press release to reflect events or circumstances in the future, even if new information becomes available.

Contacts



For Earth BioGenome Project

Nicolette Caperello

530.754.0656

For Pacific Biosciences

Media: Colin Sanford 

203.918.4347

Investors: Trevin Rard 

650.521.8450

EN
25/02/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Pacific Biosciences of California Inc.

 PRESS RELEASE

PacBio to Participate in the Piper Sandler 37th Annual Healthcare Conf...

PacBio to Participate in the Piper Sandler 37th Annual Healthcare Conference MENLO PARK, Calif., Nov. 28, 2025 (GLOBE NEWSWIRE) -- PacBio (NASDAQ: PACB), a leading developer of high-quality, highly accurate sequencing solutions, announced today that management will participate in a fireside chat at Piper Sandler’s 37th Annual Healthcare Conference on Wednesday, December 3, 2025, at 11:30 AM ET in New York, NY. A live webcast of the event can be accessed at the company’s investors page at investor.pacificbiosciences.com. A replay of the webcast will be available for at least 30 days follo...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Back to Near-Term Bullish on SPX and QQQ We downgraded our near-term outlook on the S&P 500 (SPX) and Nasdaq 100 (QQQ) to neutral last week (11/19/25 Compass), after being bullish since our 4/22/25 Compass, while maintaining our intermediate-term bullish outlook (as of our 5/14/25 Compass). Crucial support levels of 6480-6520 on SPX and $580-$583 on QQQ held last week, and we are right back to being near-term bullish as long as these support levels continue to hold. Just know that SPX could see...

 PRESS RELEASE

PacBio to Present at Upcoming Investor Conferences

PacBio to Present at Upcoming Investor Conferences MENLO PARK, Calif., Nov. 13, 2025 (GLOBE NEWSWIRE) -- PacBio (NASDAQ: PACB), a leading developer of high-quality, highly accurate sequencing solutions, announced today that management will be participating in the following upcoming investor conferences: Wolfe Research Healthcare Conference 2025 in New York, NY Fireside chat on Tuesday, November 18 at 8:40 AM ET Jefferies Global Healthcare Conference in London, UK Hosting 1x1 meetings only on Wednesday, November 19 Stephens Annual Investment Conference in Nashville, TN Fireside chat on ...

 PRESS RELEASE

PacBio Announces Third Quarter 2025 Financial Results

PacBio Announces Third Quarter 2025 Financial Results MENLO PARK, Calif., Nov. 05, 2025 (GLOBE NEWSWIRE) -- PacBio (NASDAQ: PACB) today announced financial results for the quarter ended September 30, 2025. Third quarter results:  Q3 2025Q3 2024Revenue$38.4 million$40.0 millionInstrument revenue$11.3 million$16.8 millionConsumable revenue$21.3 million$18.5 millionService and other revenue$5.8 million$4.7 millionRevio™ systems1322Vega™ systems32—Annualized Revio pull-through per system~$236,000~$255,000Cash, cash equivalents, and investments$298.7 million$471.1 million Gross margin, operat...

 PRESS RELEASE

HiFi Solves Consortium Publishes First Major Study Demonstrating the C...

HiFi Solves Consortium Publishes First Major Study Demonstrating the Clinical Research Power of PacBio HiFi Genomes New multi-center study identifies 100% of clinically relevant variants in the study, including those not detected by short-read sequencing technologies, positioning HiFi as the bridge between research and clinical-grade genomics MENLO PARK, Calif., Nov. 05, 2025 (GLOBE NEWSWIRE) -- PacBio (NASDAQ: PACB), developer of the world's most advanced sequencing technologies, today announced the publication of a new preprint from the HiFi Solves EMEA Consortium, “.” The study shows...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch