Bionano Genomics Announces Continued Expansion of European Business With Adoption of Saphyr at Three of Europe’s Largest Pediatric Hospitals in Spain, Italy and France

Leading children’s hospitals adopt Saphyr to improve the diagnosis and treatment of childhood leukemias

SAN DIEGO, Sept. 10, 2020 (GLOBE NEWSWIRE) -- Bionano Genomics, Inc. (Nasdaq: BNGO) today announced that its Saphyr system has been adopted through reagent-rental agreements by three renowned institutions in Spain, Italy and France: Niño Jesús University Children's Hospital in Madrid; Ospedale Pediatrico Bambino Gesù in Rome; and Necker–Enfants Malades Hospital in Paris. The three children’s hospitals aim to assess Saphyr’s potential for use in diagnosing childhood leukemias versus current standards of care, including karyotyping, chromosomal microarray and FISH.

“We are thrilled to have these leading healthcare institutions incorporate Saphyr into their practices. We believe their use and adoption of Saphyr through reagent-rental agreements is an important validation of our technology and a significant milestone for us as we aim to make Saphyr an essential component of the future of cytogenomic analysis of leukemias and solid tumors,” said Erik Holmlin, PhD, Chief Executive Officer of Bionano. “Receiving a diagnosis of childhood leukemia is devastating for parents and families, and a comprehensive, fast and accurate molecular analysis of the genomic changes in the cancer cells can help doctors prescribe the most optimal therapies and contribute to faster patient recovery. With leading key opinion leaders at each institution using our technology to develop new diagnostics, we view this as a critical step towards improving outcomes for children with cancer worldwide.” 

To date, Bionano has successfully driven adoption of its Saphyr system throughout some of the largest markets for medical research in Europe, including Germany, France, U.K. and Benelux. Based on the company’s track record of providing comprehensive assessments of leukemia via genome imaging, Bionano is now selling Saphyr in additional European markets. Through this expansion, Saphyr will be utilized in cutting edge clinical development programs at each adopting institution in an effort to replace traditional cytogenetic technologies.

About Bionano Genomics
Bionano is a genome analysis company providing tools and services based on its Saphyr system to scientists and clinicians conducting genetic research and patient testing, and providing diagnostic testing for those with autism spectrum disorder (ASD) and other neurodevelopmental disabilities through its Lineagen business. Bionano’s Saphyr system is a platform for ultra-sensitive and ultra-specific structural variation detection that enables researchers and clinicians to accelerate the search for new diagnostics and therapeutic targets and to streamline the study of changes in chromosomes, which is known as cytogenetics. The Saphyr system is comprised of an instrument, chip consumables, reagents and a suite of data analysis tools, and genome analysis services to provide access to data generated by the Saphyr system for researchers who prefer not to adopt the Saphyr system in their labs. Lineagen has been providing genetic testing services to families and their healthcare providers for over nine years and has performed over 65,000 tests for those with neurodevelopmental concerns. For more information, visit www.bionanogenomics.com or www.lineagen.com.