Promising Results Continue to Develop Optimism in Fight Against Cancers - Seite 3

Analysts estimate Lumakras sales could hit $57 million in Q4 2021 and $350 million in 2022. They also see much more potential for growth with positive readouts from trials of combo treatments, particularly for colorectal cancer.

Illumina, Inc. (NASDAQ:ILMN) is leading the way in gene sequencing systems, having exceeded expectations all year. Three timesso far this year, Illumina has raised its growth guidance, saying now that sales will rise 36%.

"Oncology testing, population sequencing and drug discovery initiatives drove record NovaSeq consumable and instrument shipments," said CEO Francis deSouza, in Regeneron's latest Q3 2021 earnings call. "Sequencing instruments revenue for core Illumina grew 65% year-over-year to $180 million, driven by record NovaSeq shipments that again more than doubled year-over-year due to accelerating demand in oncology testing."

Among its services is its contribution of its TruSight Oncology 500 assayto a next-gen cancer sequencing program, which covers more than 500 genes.

For more information please visit: https://usanewsgroup.com/2020/02/24/why-biotechnology-companies-are-so-important/

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