10x Genomics

10x Genomics

Biotechnology tools for genomic research

About

10x Genomics develops products that enhance genomic research, particularly in the life sciences sector. Their main offerings include tools for single-cell analysis, spatial gene expression, and immune profiling, which allow researchers to examine genetic information in detail. These products help scientists understand complex biological systems and are essential for advancing personalized medicine. 10x Genomics sells laboratory equipment, consumables like reagents and microfluidic chips, and software solutions for data analysis. Their focus on high-quality products and support distinguishes them from competitors, and their goal is to empower researchers with the tools needed to explore the human genome and develop new treatments.

Company Stage

IPO

Employees

1,001-5,000

Industries

Data & Analytics, Biotechnology, Healthcare

Total Funding

$214.9M

Headquarters

N/A

Founded

2012


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Simplify's Take

What believers are saying

  • 10x Genomics' continuous product innovation, such as the launch of the Xenium Prime 5K, positions it as a leader in high-resolution genomic research.
  • The appointment of distinguished academic leaders like Sarah Teichmann to the board enhances the company's credibility and strategic direction.
  • Their expanding product portfolio, including new kits for single-cell RNA sequencing and immuno-oncology, opens up new research possibilities and market opportunities.

What critics are saying

  • The highly specialized and competitive nature of the genomics market requires constant innovation to maintain leadership.
  • Dependence on high-cost laboratory equipment and consumables could limit market accessibility and scalability.

What makes 10x Genomics unique

  • 10x Genomics specializes in single-cell analysis and spatial gene expression, offering unparalleled resolution in genomic data, unlike broader genomic companies.
  • Their innovative products like the Xenium Prime 5K Pan-Tissue and Pathways panel significantly enhance the depth and speed of genomic analysis, setting them apart from competitors.
  • The company's focus on both hardware and software solutions provides a comprehensive ecosystem for genomic research, unlike competitors who may only offer one or the other.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

1%

2 year growth

13%

Benefits

Comprehensive health benefits

Generous time off

Parental leave

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