Revvity and Element Biosciences Collaborate to Advance Sequencing-based IVD Neonatal Testing
14 January 2025 - 12:00AM
Business Wire
Revvity, Inc. (NYSE: RVTY), today announced a strategic
agreement to commercialize an in vitro diagnostic (IVD) workflow
solution for neonatal sequencing, co-developed with Element
Biosciences, Inc., a life science company democratizing access to
advanced DNA and multi-omic sequencing solutions. This initiative
builds upon Revvity's recent introduction of an automated
next-generation sequencing (NGS) workflow for newborn sequencing
research and strengthens Element’s momentum towards regulatory
approval of the benchtop AVITI™ sequencing system.
The collaboration involves the co-development of a comprehensive
IVD solution tailored for newborn sequencing. Additionally,
customers will have immediate access to a research use only (RUO)
version of the newborn sequencing research workflow.
"This strategic endeavor represents a significant step forward
in our commitment to advancing newborn health through innovative
genomic technologies," said Yves Dubaquie, senior vice president,
diagnostics at Revvity. "By combining our expertise in newborn
screening and rare disease detection with Element’s technological
capabilities, Revvity aims to deliver a robust, efficient, and
accessible solution for neonatal sequencing in both research and
clinical settings."
The new IVD solution offered by Revvity will be an important
organic next step for each company, expanding the reach of both
Element’s AVITI sequencing system and Revvity's newborn sequencing
research workflow, which includes its sample collection devices,
dried blood spot punchers, automated nucleic acid extractors,
liquid handers, NGS library preparation kits with carefully curated
NGS panels, and comprehensive software for variant calling data
analysis and interpretation. The combined technologies will provide
an end-to-end solution for the NGS continuum that supports
pioneering neonatal research and the necessary approvals for a
cutting-edge IVD in this field.
“Collaboration with Revvity on this IVD solution will provide a
comprehensive, high-quality offering that meets the unique needs of
newborn screening programs worldwide,” said Yaron Hakak, senior
vice president of corporate and business development at Element.
“Element is committed to seeking AVITI’s regulatory approval to
enable the introduction of new diagnostic solutions from Revvity
and other market leading partners.”
For more information about Revvity's newborn sequencing research
solutions, please visit:
https://www.revvity.com/gb-en/category/newborn-sequencing-research
About Revvity
At Revvity, “impossible” is inspiration, and “can’t be done” is
a call to action. Revvity provides health science solutions,
technologies, expertise, and services that deliver complete
workflows from discovery to development, and diagnosis to cure.
Revvity is revolutionizing what’s possible in healthcare, with
specialized focus areas in translational multi-omics technologies,
biomarker identification, imaging, prediction, screening, detection
and diagnosis, informatics and more.
With 2023 revenue of more than $2.7 billion and over 11,000
employees, Revvity serves customers across pharmaceutical and
biotech, diagnostic labs, academia and governments. It is part of
the S&P 500 index and has customers in more than 190
countries.
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About Element Biosciences, Inc.
Element Biosciences is a pioneering life science company
democratizing access to advanced biological tools, driving
impactful discoveries to benefit humanity. We are focused on
developing disruptive DNA sequencing and multi-omics technology for
research markets. Through innovating every fundamental element of a
biological assay system, Element empowers customers with
affordable, high-quality data and an improved user experience,
which in turn will accelerate scientific discoveries. To learn more
about Element, please visit www.elementbiosciences.com and follow
us on LinkedIn, X (Twitter), and Facebook.
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version on businesswire.com: https://www.businesswire.com/news/home/20250113006531/en/
Revvity Investor Relations: Steve Willoughby
steve.willoughby@revvity.com Revvity Media Relations: Chet
Murray (781) 462-5126 chet.murray@revvity.com Element Media
Relations: media@elembio.com
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