SEQanswers

Go Back   SEQanswers > Sequencing Technologies/Companies > Helicos / Direct Genomics



Similar Threads
Thread Thread Starter Forum Replies Last Post
Early experiences with 316 chips nickloman Ion Torrent 15 06-25-2012 08:17 PM
Introducing Helicos tSMS™ Sequencing Services from Helicos Helicos BioSciences Vendor Forum 1 05-31-2012 05:49 AM
Updated Polonator ready for launch! ECO Polonator 9 05-06-2010 01:51 AM
How many hours does it take to run cuffdiff cskey General 0 04-29-2010 06:34 PM
The HeliScope is extremely heavy, first HeliScope customer says ECO Helicos / Direct Genomics 2 03-13-2008 10:09 AM

Reply
 
Thread Tools
Old 01-10-2008, 02:12 PM   #1
ECO
--Site Admin--
 
Location: SF Bay Area, CA, USA

Join Date: Oct 2007
Posts: 1,355
Default Helicos ready to launch Heliscope! Stock market reacts 24 hours early!

According to their presentation at the JP Morgan Healthcare Conference today, Helicos is ready to launch nearly nine instruments, for which they have no orders for. Please read the full report over at Genome Web: http://www.genomeweb.com/issues/news/144376-1.html

I have a couple things to say here...the first of which is I am intrigued by the 40% jump in HLCS stock starting yesterday afternoon, on absolutely no news, other than the the DOW in general rallied in the afternoon. Looks like the news of this "launch is still a go" announcement leaked out something fierce.



Also, I'm still waiting for a publication or any in depth treatment on how the Heliscope chemistry works. Compared to the pre-launch environment of the SOLiD system, Helicos has publicized virtually nothing about the chemistry, even in broad strokes.

It's a bit disturbing that they are ready to launch the instrument but haven't published any data nor identified any pre-launch instrument placements.

Their recent announcement of a $20M loan from GE leaves me wondering if they are close to death....if their cash burn rate was ~$10 million in Q3-2007, I would expect it to be significantly higher than that for Q4-2007 and Q1-2008. Meaning that $20M ain't going to last that long.

But if I'm mistaken on any of these points, I would be glad to hear it (*hint*...register and post! )
ECO is offline   Reply With Quote
Old 01-18-2008, 08:18 AM   #2
ECO
--Site Admin--
 
Location: SF Bay Area, CA, USA

Join Date: Oct 2007
Posts: 1,355
Default

To respond to myself, I was mistaken. Apparently the market reaction on Jan 9 was based on data that Helicos published in their 8K released on Jan 9:

http://ir.helicosbio.com/sec.cfm
ECO is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off




All times are GMT -8. The time now is 12:45 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2018, vBulletin Solutions, Inc.
Single Sign On provided by vBSSO