Vizgen

Vizgen

Biotechnology for spatial genomics research

About Vizgen

Simplify's Rating
Why Vizgen is rated
A
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Biotechnology

Healthcare

Company Size

51-200

Company Stage

Series C

Total Funding

$132.5M

Headquarters

Cambridge, Massachusetts

Founded

2019

Overview

Vizgen specializes in spatial genomics, providing tools for researchers to analyze biological samples at a cellular level. Its main product, MERSCOPE, is a high-resolution imaging platform that integrates single-cell and spatial multiomics analyses, utilizing MERFISH chemistry for high-quality data collection. The company differentiates itself by offering a comprehensive platform that includes a Gene Panel Design Portal and a cell segmentation tool, enhancing research capabilities. Vizgen aims to support scientific research by delivering advanced tools that improve the understanding of biological systems.

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Simplify's Take

What believers are saying

  • Partnership with Scale Biosciences enhances data analysis capabilities with integrated technologies.
  • MERSCOPE Ultra Platform and MERFISH 2.0 increase market competitiveness with higher throughput.
  • Recent patent issuance strengthens Vizgen's intellectual property portfolio in spatial genomics.

What critics are saying

  • Ongoing patent litigation with 10x Genomics poses financial and operational risks.
  • Streamlining operations and reducing headcount may impact employee morale and productivity.
  • Dependency on partnerships for technological advancements could lead to risks if expectations aren't met.

What makes Vizgen unique

  • Vizgen's MERFISH technology offers high accuracy and detection efficiency at subcellular resolution.
  • MERSCOPE platform integrates single-cell and spatial multiomics analyses for detailed tissue understanding.
  • Vizgen's Gene Panel Design Portal allows custom gene panels for MERSCOPE platform.

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Funding

Total Funding

$132.5M

Above

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$85.2M
Vizgen
$100M
Oura

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

0%

2 year growth

11%
BioSpace
Dec 18th, 2024
Vizgen Launches Certified Service Provider (CSP) Program, Expanding Access to Single-Cell Spatial Genomics Technology

Vizgen launches Certified Service Provider (CSP) Program, expanding access to single-cell spatial genomics technology.

Business Wire
May 7th, 2024
Vizgen Announces Significant Win In Ongoing Patent Litigation Against 10X Genomics And Harvard University

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Vizgen, Inc., the life science company dedicated to improving human health by visualizing single-cell spatial genomics information, has achieved a significant victory in its ongoing legal battle with 10x Genomics and Harvard University. The U.S. District Court recently ruled in Vizgen’s favor, allowing Vizgen to expand its case based on new evidence uncovered during discovery in the litigation. The Court’s ruling substantially strengthens Vizgen’s position against 10x Genomics and Harvard, who must now defend against additional allegations of antitrust violations. Despite strenuous objections from 10x and Harvard, the Court approved Vizgen’s request to amend the claims to include additional antitrust allegations relating to 10x’s anticompetitive economic practices. These new allegations bolster Vizgen’s existing antitrust counterclaims against both 10x and Harvard, accusing them of conspiring to monopolize the market and obstructing Vizgen’s ability to compete globally

Business Wire
Apr 16th, 2024
Vizgen Issued A New Us Patent For Its Merfish Technology

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Vizgen, Inc., the life science company dedicated to improving human health by visualizing single-cell spatial genomics information, announced today the issuance by the US Patent Office of a patent that covers the in situ imaging of the spatial transcriptome. U.S. Patent No. 11,959,075 is for robust multiplex imaging of RNA and its spatial organization in a sample. "This latest patent relates to our MERFISH technology and enables groundbreaking advancements in the spatial genomics landscape," said Terry Lo, CEO, Vizgen, Inc. "It is another patent underscoring Vizgen’s leadership in the field, providing the industry’s best tools for single-cell spatial biology, and driving discoveries aimed at improving human health," he said

Business Wire
Apr 8th, 2024
Vizgen Expands Single-Cell Spatial Transcriptomics Offering With Introduction Of Merscope® Ultra Platform And Merfish 2.0 Chemistry At Aacr 2024

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Vizgen, Inc. the life science company dedicated to improving human health by visualizing single-cell spatial genomics information, today unveiled the MERSCOPE® Ultra Platform and MERFISH 2.0 chemistry at the AACR 2024 Annual Meeting. These powerful tools are uniquely suited to supporting basic and translational research and will be commercially available in the second half of the year. The MERSCOPE Ultra Platform is a powerful new high plex in situ spatial multiomic analysis system. MERSCOPE Ultra features the optimum combined capabilities of imaging area and throughput in a spatial transcriptomics imaging platform. The platform is capable of processing 3 cm2 of tissue on a single slide and acquires images at more than double the speed of the MERSCOPE Platform

Business Wire
Mar 13th, 2024
Vizgen Announces Denial Of 10X Genomics’ Petition For Inter Partes Review Of Vizgen-Licensed Patent Currently Asserted Against 10X’S Xenium Platform

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Vizgen, Inc., the life science company dedicated to improving human health by visualizing single-cell spatial genomics information, is very pleased to announce that, on March 7, 2024, the Patent Trial and Appeal Board (PTAB) of the United States Patent and Trademark Office (USPTO) denied 10x Genomics Inc.’s petition to institute an Inter Partes Review proceeding (IPR) against U.S. Patent 11,098,303 B2 (‘303 Patent), which Vizgen licenses exclusively from Harvard University. This is the latest in a series of rulings against 10x in its aggressive attempts to weaponize patents to dominate the field through baseless litigation. In its decision denying the institution of an IPR of the ‘303 Patent, the PTAB noted that 10x’s petition was deficient under the law and did not demonstrate “a reasonable likelihood that [10x] would prevail with respect to at least 1 of the claims challenged in the petition.” The denial of petition IPR2023-01299, which is available here, represents a crucial win for Vizgen. In C.A. No

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