Bionano Genomics Up After Positive OGM Study
October 05 2022 - 07:06AM
TipRanks
Shares of Bionano Genomics shot up in pre-market trading on
Wednesday as the provider of genome analysis solutions announced
that a study by Sorbonne Université indicated that whole genome
sequencing (WGS) identified only 63% of the structural variations
in liver cancer versus optical genome mapping (OGM). This study
used a workflow that combined both OGM and WGS to maximize the
detection of pathogenic variants and investigate complex
rearrangements when it comes to liver cancer. This workflow also
allowed researchers to compare OGM to WGS, and it indicated that
OGM revealed a median of 1.4 times more structural variations than
WGS.
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Bionano Genomics (NASDAQ:BNGO)
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