Health science solutions provider Revvity Inc (NYSE: RVTY) announced on Monday that it has entered a strategic collaboration with life science company Element Biosciences Inc to commercialise an in vitro diagnostic (IVD) workflow for neonatal sequencing.
This partnership builds on Revvity's introduction of an automated next-generation sequencing (NGS) workflow for newborn research and supports Element's progress toward regulatory approval of its AVITI sequencing system.
The collaboration will co-develop a comprehensive IVD solution for newborn sequencing, while providing immediate access to a research-use-only (RUO) version of the workflow. The IVD solution will enhance both Element's AVITI sequencing system and Revvity's sequencing workflow, which includes sample collection devices, nucleic acid extractors, NGS preparation kits and software for data analysis.
Revvity, with over USD2.7bn in revenue for 2023, serves customers across pharmaceutical, biotech, diagnostic labs, academia and governments.
Element Biosciences focuses on providing affordable, high-quality sequencing tools for research markets.
Adicet Bio secures FDA Fast Track Designation for ADI-001 to treat refractory SLE
Acrivon Therapeutics receives FDA Breakthrough Device designation for ACR-368 OncoSignature assay
Vistagen secures US patent for AV-101 in neuropathic pain treatment
Thermo Fisher Scientific launches international registry for adolescent alopecia areata
hVIVO successfully completes RSV antiviral trial for Shionogi
Valneva secures UK approval for world's first chikungunya vaccine
Alys Pharmaceuticals' IND for ALY-101 approved in US and Canada
NeuroTherapia's Phase 2 Alzheimer's disease trial receives European regulatory approval
NFL Biosciences confirms superior safety profile of NFL-101 in new toxicity study
Avirmax Biopharma completes first cohort of Wet AMD clinical trial
PhaseV collaborates with Alimentiv to address challenges in GI clinical trials
HOPE Therapeutics and NRx Pharmaceuticals select BTIG as financial advisor
Helix unveils clinico-genomic dataset of over 15,000 patients treated with GLP-1 agonists
Roquefort Therapeutics sells Lyramid for USD10.8m equity deal with Pleiades Pharma