Cytek® Biosciences Named “Overall BioTech Company of the Year” in 2024 BioTech Breakthrough Awards Program
November 19 2024 - 5:00PM
Cytek Biosciences, Inc. (Nasdaq: CTKB) announced today that it has
been named “Overall BioTech Company of the Year” in the fourth
annual BioTech Breakthrough Awards program. This program is
conducted by BioTech Breakthrough, a leading independent market
intelligence organization that evaluates and recognizes standout
life sciences and biotechnology companies, products, and services
around the globe. This year’s program attracted thousands of
nominations from 14 different countries throughout the world,
serving as a global recognition platform that encourages bold ideas
and solutions that will shape the future of biotechnology.
Recognized as a pioneer in spectral flow
cytometry, Cytek’s distinctive approach is renowned for its
profound influence on advancing the understanding of cell biology,
immunology, oncology and targeted therapeutic methodologies. The
company is advancing the next generation of cell analysis tools by
delivering high-resolution, high-content and high-sensitivity cell
analysis utilizing its patented Full Spectrum Profiling™ (FSP™)
technology. Cytek’s FSP platform includes its core instruments, the
Cytek Aurora™ and Northern Lights™ systems; its cell sorter, the
Cytek Aurora™ CS system; the flow cytometer and imaging products
under the Amnis® and Guava® brands; the Cytek Cloud digital
ecosystem; reagents and pre-optimized panels, software and
services.
One of Cytek’s key differentiators is its deep
relationship with the industry, working closely with the cell
analysis community to educate scientists on the use of best
practices. The company has over 2,100 peer-reviewed articles
published in prominent academic journals regarding the use of Cytek
products to solve critical challenges. Cytek also offers a robust
array of educational content to support scientists in mastering
advanced flow cytometry techniques and applications.
“Cytek is not just advancing the capabilities of
flow cytometry, it is revolutionizing the entire field,” said Bryan
Vaughn, managing director, BioTech Breakthrough. “Flow cytometry is
an invaluable research tool with applications in studying the role
of the immune system in fighting cancer, diagnosing blood cancers,
guiding treatment for autoimmune diseases, detecting residual
disease in patients, and much more. However, adoption has been
limited due to cost and the intensive workflow. Cytek is making the
power, flexibility and breadth of flow cytometry more accessible,
opening the door for a wider range of discoveries and equipping
scientists with the tools and knowledge they need to drive a new
era of discovery and innovation.”
The mission of the annual BioTech Breakthrough
Awards program is to conduct the most comprehensive analysis and
evaluation of the top companies, solutions and products in the life
sciences and biotechnology industry today.
“The transformative potential of data collection
and interpretation is reshaping industries worldwide, and cell
analysis is no exception,” said Wenbin Jiang, Ph.D., CEO of Cytek
Biosciences. “Flow cytometry plays a crucial role in both research
and clinical studies. At Cytek, we are proud to make this powerful
technology more accessible, enabling scientists to accelerate their
research and achieve more impactful results. Being recognized with
this award highlights the significant role our technology plays in
advancing discovery.”
For more information, please visit
www.cytekbio.com.
About Cytek Biosciences,
Inc.Cytek Biosciences (Nasdaq: CTKB) is a leading cell
analysis solutions company advancing the next generation of cell
analysis tools by delivering high-resolution, high-content and
high-sensitivity cell analysis utilizing its patented Full Spectrum
Profiling™ (FSP™) technology. Cytek’s novel approach harnesses the
power of information within the entire spectrum of a fluorescent
signal to achieve a higher level of multiplexing with precision and
sensitivity. Cytek’s FSP platform includes its core instruments,
the Cytek Aurora™ and Northern Lights™ systems; its cell sorter,
the Cytek Aurora™ CS system; the Cytek Orion™ reagent cocktail
preparation system; the Enhanced Small Particle™ (ESP™) detection
technology; the flow cytometer and imaging products under the
Amnis® and Guava® brands; and reagents, software and service to
provide a comprehensive and integrated suite of solutions for its
customers. Cytek is headquartered in Fremont, California with
offices and distribution channels across the globe. More
information about the company and its products is available at
www.cytekbio.com.
Cytek’s products are for research use only and
not for use in diagnostic procedures (other than Cytek’s Northern
Lights-CLC system and certain reagents, which are available for
clinical use only in China and the European Union).
Cytek, Full Spectrum Profiling, FSP, Cytek
Aurora, Northern Lights, Enhanced Small Particle, ESP, Cytek Orion,
Amnis and Guava are trademarks of Cytek Biosciences, Inc.
In addition to filings with the Securities and
Exchange Commission (SEC), press releases, public conference calls
and webcasts, Cytek uses its website (www.cytekbio.com), LinkedIn
page and X (formerly Twitter) account as channels of distribution
of information about its company, products, planned financial and
other announcements, attendance at upcoming investor and industry
conferences and other matters. Such information may be deemed
material information and Cytek may use these channels to comply
with its disclosure obligations under Regulation FD. Therefore,
investors should monitor Cytek’s website, LinkedIn page, and X
account in addition to following its SEC filings, news releases,
public conference calls and webcasts.
Media Contact:Stephanie
OlsenLages & Associates(949) 453-8080stephanie@lages.com
Investor Contact:Paul
GoodsonHead of Investor RelationsCytek
Biosciencespgoodson@cytekbio.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/c293ca12-9cc9-43e7-b290-0c1f2eaa7905
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