10x Genomics Showcases Next Wave of Innovations at First Ever Xperience Event

24 Feb 2021
www.globenewswire.com
Acquisition
PLEASANTON, Calif., Feb. 24, 2021 (GLOBE NEWSWIRE) -- 10x Genomics, Inc. (Nasdaq: TXG) today detailed a slew of new products and announced the acquisition of Copenhagen-based Tetramer Shop at its inaugural Xperience 2021 event, a showcase with three breakout sessions corresponding to 10x’s three product platforms:  Chromium Single Cell, Visium Spatial, and In Situ Analysis. Tetramer Shop marks the fifth acquisition for 10x Genomics in its ongoing mission to master biology to advance human health. This acquisition follows the additions of epigenomics innovator Epinomics and spatial genomics pioneer Spatial Transcriptomics in 2018, as well as In Situ analysis companies CartaNA AB and ReadCoor in 2020. Tetramer Shop’s expertise in building empty, loadable MHC molecules accelerates the development of TCR-based therapeutics and diagnostics, broadening 10x Genomics immunology efforts. Terms of the deal were not disclosed. Tetramer Shop was founded by Søren Jakobsen, Professors Sine Hadrup and Sunil Kumar from Danish Technical University, and Professor Sebastian Springer from Jacobs University. They are pioneers in the antigen-TCR discovery space, having previously developed technologies in this area.  10x Genomics will add to its European research efforts with a center in Copenhagen that Søren will lead. Sine, Sunil and Sebastian plan to continue to support 10x as advisors. “Tetramer Shop will enable our customers to  accelerate the development of TCR-based therapeutics and diagnostics that are critical to immunology, and we are thrilled to have them join forces with us,” said Ben Hindson, 10x Genomics Co-founder and Chief Scientific Officer. Upcoming products detailed at Xperience 2021 followed their initial reveal last month at the annual J.P. Morgan Health Conference. New capabilities for single-cell analysis were featured, including: Continuing its commitment to leading the way in spatial analysis, 10x also shared closer looks at three new capabilities that will be coming to its Visium platform over the next 18 months: Finally, 10x announced the US launch of its 10x Genomics Cloud Analysis, a fast, easy-to-use, and scalable platform for data analysis to all of its customers which offers a standard set of analyses at no additional cost for every sample purchased. The 10x Cloud will enable new users to get started more rapidly on their experiments and allow advanced users to scale to larger and more complex ones. The company also outlined its roadmap to bring new applications, new visualizations, and support for additional regions around the globe. “Xperience 2021 is a fantastic way for us to share a view of our future roadmap in a way we’ve never done before,” continued Hindson. “The products and capabilities we showcased today represent some of our most innovative work to date, and we hope they will empower scientists to make new discoveries in biology.” To learn more about products showcased at Xperience 2021, please visit .  The event will also be hosted on March 3 for the Asia Pacific region, and registration is open at . About 10x Genomics10x Genomics is a life science technology company building products to interrogate, understand and master biology to advance human health. The company’s integrated solutions include instruments, consumables and software for analyzing biological systems at a resolution and scale that matches the complexity of biology. 10x Genomics products have been adopted by researchers around the world including in all of the top 100 global research institutions as ranked by Nature in 2019 based on publications and all of the top 20 global pharmaceutical companies by 2019 research and development spend, and have been cited in over 2,200 research papers on discoveries ranging from oncology to immunology and neuroscience. The company’s patent portfolio comprises more than 1,000 issued patents and patent applications. Forward Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those sections. All statements, other than statements of historical facts, may be forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “might," "will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project” “contemplate,” “believe,” “estimate,” “predict,” “potential” or “continue” or the negatives of these terms or variations of them or similar terminology, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include statements regarding 10x Genomics, Inc.’s expectations regarding the company’s business operations, financial performance and results of operations as well as the company’s ability to meet its anticipated cash needs for the foreseeable future. These statements are based on management’s current expectations, forecasts, beliefs, assumptions and information currently available to management, and actual outcomes and results could differ materially from these statements due to a number of factors, including the potential impact of the COVID-19 pandemic. Other risks and uncertainties that could affect 10x Genomics, Inc.’s financial and operating results and cause actual results to differ materially from those indicated by the forward-looking statements made in this press release include those discussed under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and elsewhere in the documents 10x Genomics, Inc. files with the Securities and Exchange Commission from time to time. Although 10x Genomics, Inc. believes that the expectations reflected in the forward-looking statements are reasonable, it cannot provide any assurance that these expectations will prove to be correct nor can it guarantee that the future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or occur. These forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures or investments 10x Genomics may make. Further, as the COVID-19 pandemic is unprecedented and continuously evolving, such forward-looking statements may not accurately or fully reflect the potential impact that the COVID-19 pandemic may have on the business, financial condition, results of operations and cash flows of 10x Genomics, Inc. The forward-looking statements in this press release are based on information available to 10x Genomics, Inc. as of the date hereof, and 10x Genomics, Inc. disclaims any obligation to update any forward-looking statements provided to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based, except as required by law. These forward- looking statements should not be relied upon as representing 10x Genomics, Inc.’s views as of any date subsequent to the date of this press release. Disclosure Information10x Genomics uses filings with the Securities and Exchange Commission, its website (), press releases, public conference calls, public webcasts and its social media accounts as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. ContactsMedia:media@10xgenomics.comInvestors:investors@10xgenomics.com
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