Financial StrengthThe company's balance sheet has been strengthened with fresh equity raised from Biomerieux and Novo Holdings.
Market OpportunitiesOxford Nanopore has multiple opportunities to drive long-term revenue growth, with significant potential in the research, clinical, applied industrial, and biopharma markets, and sees proteomics as a potential new frontier.
Product InnovationONT has improved the raw read accuracy of its sequencers to above 99% from around 64%, increased read length capability, and enabled direct RNA sequencing, enhancing its product utility.