PacBio to Participate in TD Cowen's 45th Annual Health Care Conference
MENLO PARK, Calif., Feb. 19, 2025 (GLOBE NEWSWIRE) -- PacBio (NASDAQ: PACB), a leading developer of high-quality, highly accurate sequencing solutions, announced today that management will be presenting at TD Cowen's 45th Annual Health Care Conference on Tuesday, March 4, 2025, at 3:10 PM ET (12:10 PM PT) in Boston, MA.
A live webcast of the event can be accessed at the company's investors page at investor.pacificbiosciences.com. A replay of the webcast will be available for at least 30 days following the event.
About PacBio
PacBio (NASDAQ: PACB) is a premier life science technology company that designs, develops, and manufactures advanced sequencing solutions to help scientists and clinical researchers resolve genetically complex problems. Our products and technologies stem from two highly differentiated core technologies focused on accuracy, quality, and completeness, which include our HiFi long-read sequencing and our SBB® short-read sequencing technologies. Our products address solutions across a broad set of research applications, including human germline sequencing, plant and animal sciences, infectious disease and microbiology, oncology, and other emerging applications. For more information, please visit www.pacb.com and follow @PacBio.
PacBio products are provided for Research Use Only. Not for use in diagnostic procedures.
Contacts
Investors:Todd Friedmanir@pacb.com
Media:pr@pacb.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
16 minutes ago
- Yahoo
Fortrea Names Anshul Thakral Chief Executive Officer
Thakral succeeds Interim CEO, Peter M. Neupert, who will remain chairman of the board DURHAM, N.C., June 11, 2025 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE) (the 'Company'), a leading global contract research organization (CRO), today announced that Fortrea's Board of Directors (the 'Board') named Anshul Thakral as Fortrea's CEO, effective August 4, 2025. He was also appointed to serve as a director on the Company's Board, effective as of that date. Thakral succeeds Interim CEO, Peter M. Neupert, who will remain as chairman of the board. Thakral brings more than 20 years of experience in life sciences as an executive and commercial leader, advisor and entrepreneur. He will focus on executing the Company's transformation plan and sharpening Fortrea's focus on profitable growth. Further, he will oversee additional value creation efforts for customers, employees and shareholders. 'Anshul is an exceptional leader with extensive life sciences experience, deep familiarity with the CRO industry, a commitment to innovation and a proven record of building companies and growing revenue,' said Neupert. 'His strong business development capabilities, commercial insights and relentless focus on customer engagement make him ideally suited to lead Fortrea. Further, he also shares the Company's commitment to modernizing the clinical trials process and combining the best talent, science and technology to effectively and efficiently respond to changing customer and patient needs. We are delighted to welcome Anshul to Fortrea as we seek to capitalize on the significant growth opportunities we see ahead and meet our customers' needs.' 'Since its founding, the Fortrea team has earned a strong reputation for leading with science and creating a differentiated customer experience,' said Thakral. 'I share the team's passion for customers and the patients they serve, and I'm honored to take the reins at this pivotal moment. It is an exciting opportunity to lead the organization as it continues to deliver flexible and agile drug development solutions that accelerate the delivery of life-changing treatments to patients. I'm confident this company can execute on its patient and customer-focused mission while delivering profitable growth, which ultimately delivers value for shareholders.' About Anshul Thakral Thakral joins Fortrea from Launch Therapeutics, a company he co-founded at which he served as CEO. Previously, he held several executive leadership roles at PPD, a leading CRO, including chief commercial officer and executive vice president of Peri- and Post-Approval Services. He led PPD Biotech, which contributed to PPD's growth. Prior to PPD, Thakral ran the global life sciences business unit at Gerson Lehrman Group and served as an Associate Principal at McKinsey & Company in the healthcare practice. He currently serves on the board of directors of TriNetX, Saama Technologies and Orsini Specialty Pharmacy. He earned his B.S. and M.S.E. in Biomedical Engineering from Johns Hopkins University and his MBA from the Wharton School at the University of Pennsylvania. About Fortrea Fortrea (Nasdaq: FTRE) is a leading global provider of clinical development solutions to the life sciences industry. We partner with emerging and large biopharmaceutical, biotechnology, medical device and diagnostic companies to drive healthcare innovation that accelerates life changing therapies to patients. Fortrea provides phase I-IV clinical trial management, clinical pharmacology and consulting services. Fortrea's solutions leverage three decades of experience spanning more than 20 therapeutic areas, a passion for scientific rigor, exceptional insights and a strong investigator site network. Our talented and diverse team working in about 100 countries is scaled to deliver focused and agile solutions to customers globally. Learn more about how Fortrea is becoming a transformative force from pipeline to patient at and follow us on LinkedIn and X (formerly Twitter). Cautionary Statement Regarding Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, the Company's growth opportunities. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as 'guidance,' 'expect,' 'assume,' 'anticipate,' 'intend,' 'plan,' 'forecast,' 'believe,' 'seek,' 'see,' 'will,' 'would,' 'target,' similar expressions, and variations or negatives of these words that are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from the Company's expectations due to a number of factors, including, but not limited to, the following: the Company's ability to successfully implement its business strategies and execute its long-term value creation strategy; risks and expenses associated with the Company's international operations, tariff policies, trade sanctions and other trade restrictions and currency fluctuations; the Company's customer or therapeutic area concentrations; any further deterioration in the macroeconomic environment or further changes in government regulations and funding, which could lead to defaults or cancellations by the Company's customers; the risk that the Company's backlog and net new business may not be indicative of the Company's future revenues and that the Company might not realize all of the anticipated future revenue reflected in the Company's backlog; the Company's ability to generate sufficient net new business awards, or the possibility that net new business awards are delayed, terminated, reduced in scope, or fail to go to contract; if the Company underprices its contracts, overruns its cost estimates, or fails to receive approval for, or experiences delays in documentation of change orders; and other factors described from time to time in documents that the Company files with the SEC. For a further discussion of the risks relating to the Company's business, see the 'Risk Factors' Section of the Company's Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the Securities and Exchange Commission (the "SEC"), as such factors may be amended or updated from time to time in the Company's subsequent periodic and other filings with the SEC, which are accessible on the SEC's website at These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in the Company's filings with the SEC. All forward-looking statements are made only as of the date of this release and the Company does not undertake any obligation, other than as may be required by law, to update or revise any forward-looking statements to reflect future events or developments. Contacts: Hima Inguva (Investors) – 877-495-0816, Sue Zaranek (Media) – 919-943-5422, media@ Kate Dillon (Media) – 646-818-9115, kdillon@ A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19 minutes ago
- Yahoo
CSX Announces Ratification of Labor Deal with Locomotive Engineers
JACKSONVILLE, Fla., June 11, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced that employees represented by the Brotherhood of Locomotive Engineers and Trainmen (BLET) have voted to ratify the five-year collective bargaining agreement covering approximately 3,400 locomotive engineers. This is the first ratification reached by a Class I freight railroad with BLET. 'The ratified agreement demonstrates the value of our partnership with BLET, our CSX General Chairmen, and our shared commitment to improving the day-to-day experience for our locomotive engineers,' said Joe Hinrichs, President and CEO of CSX. 'I want to thank our engineers for their unwavering dedication to our customers and the communities in which we live and work. This is a significant milestone for our people and the future of our railroad.' The agreement mirrors the general wage increases, and health and welfare improvements from CSX's agreements with 13 other unions. Locomotive engineers make up approximately 20 percent of CSX's frontline workforce. To date, nearly 75 percent of CSX unionized workers are now covered by new agreements reached within the last 10 months. The only remaining major workgroup at CSX not covered by new agreements or a tentative agreement are trainmen/conductors represented by SMART-TD. CSX is currently engaged in bargaining with SMART-TD to consolidate separate territories, workforces, and execute a single-system collective agreement. About CSX CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural and consumer products. For nearly 200 years, CSX has played a critical role in the nation's economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation's population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike. More information about CSX Corporation and its subsidiaries is available at Like us on Facebook ( and follow us on X, formerly known as Twitter ( Contact: Matthew Korn, CFA, Investor Relations904-366-4515 Bryan Tucker, Corporate Communications 855-955-6397Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24 minutes ago
- Yahoo
Poor Communication Costs the Tech Industry $50 Billion: ParallelStaff Launches Initiative to Bridge Global Gaps
DALLAS, TX, June 11, 2025 (GLOBE NEWSWIRE) -- ParallelStaff, a Dallas-based nearshore outsourcing and technology services provider, has announced a new initiative to address one of the tech industry's most costly and overlooked challenges: communication failures in IT projects. With estimates suggesting that ineffective collaboration leads to more than $50 billion in annual losses, the company focuses on improving team alignment and project execution through strategic nearshore Studies have shown that 50% of IT projects fail due to breakdowns in communication, often rooted in unclear goals, inconsistent feedback, and misaligned stakeholder expectations. These issues are particularly pronounced in distributed and cross-border development environments. As software development outsourcing continues to grow, particularly among companies seeking speed and scalability, the ability to maintain effective communication has emerged as a mission-critical component of tech project management. 'Communication challenges are not just a soft-skill issue, they're a bottom-line problem,' said Miguel Hernandez, Vice President of Operations at ParallelStaff. 'Budget overruns, delayed releases, and even project abandonment are symptoms of deeper alignment issues. Our initiative is about restoring clarity and continuity in global development teams.' A Cost Hidden in Plain Sight Despite increased investment in agile development practices, companies are still facing major hurdles when it comes to coordinating between internal and external teams. The complexity of modern software systems, combined with geographic and linguistic barriers, often results in remote collaboration breakdowns that go unaddressed until project goals are missed or resources are exhausted. When communication fails, companies often experience cascading effects: shifting requirements, duplicated efforts, missed dependencies, and frequent rework. These outcomes are not just inconvenient; they are the leading indicators of large-scale IT project failure. Tech executives have begun to recognize that even the best tools and methodologies cannot compensate for poor communication structures. 'Effective tech project management requires more than task tracking,' Hernandez explained. 'It demands real-time clarity across diverse teams, especially when leveraging software development outsourcing. The earlier we close those gaps, the greater the chance of delivering successful outcomes.' The Case for Nearshore Outsourcing To solve these communication bottlenecks, ParallelStaff is promoting a nearshore outsourcing model designed specifically to enable stronger collaboration and execution. Unlike offshore development models that operate in distant time zones with greater cultural differences, nearshore teams share similar working hours and business practices, making real-time engagement far more attainable. With development professionals located in Latin America and fluent in English, ParallelStaff's nearshore outsourcing approach facilitates direct collaboration during core business hours. This structure supports daily standups, rapid iterations, and smoother cross-functional integration, which are cornerstones of software development best practices. 'Nearshore teams allow for faster resolution of blockers, more interactive sprint planning, and tighter feedback loops,' said Hernandez. 'This alignment is particularly critical for companies adopting or scaling agile development frameworks.' A Scalable, Communication-First Solution At the heart of ParallelStaff's approach is a focus on pairing technical excellence with communication competence. The company recruits, vets, and places developers based on both their coding expertise and their ability to operate effectively within client workflows and cultures. Rather than offering generalized outsourcing solutions, ParallelStaff tailors its engagements to match the client's organizational structure and project lifecycle. Developers are embedded into existing teams to ensure shared ownership and proactive participation, an approach that enhances accountability and reduces misinterpretations that lead to costly rework. Key benefits of ParallelStaff's model include:• Seamless integration with agile development challenges and workflows• Reduced friction in remote collaboration due to time zone and language alignment• Access to a curated network of experienced software professionals• A flexible model that scales as business needs evolve 'We're seeing that tech leaders don't just want headcount, they want contributors who can communicate, collaborate, and deliver within the context of their strategy,' Hernandez said. 'That's where we focus our energy.' Moving from Risk to Readiness As businesses scale digital operations and embrace hybrid work environments, communication is no longer a soft skill, it's a critical infrastructure component. ParallelStaff's initiative is positioned to help organizations identify risk areas early and implement sustainable solutions that reduce the likelihood of IT project failure. In an industry where delays and inefficiencies can cost millions, aligning development resources through effective communication isn't just a competitive advantage; it's an operational necessity. To assist companies in addressing communication breakdowns and improving project performance, ParallelStaff is offering complimentary strategy calls with its technical team. During these sessions, stakeholders can assess their current development structures, identify potential risks, and explore how a nearshore model can enhance execution and delivery. About ParallelStaff ParallelStaff is a Dallas, Texas–based company that provides nearshore outsourcing and IT staffing solutions for businesses seeking scalable, high-performance development teams. Focusing on English-fluent, culturally aligned professionals, ParallelStaff helps clients improve communication, agility, and execution in complex software Media Contact Company Name: ParallelStaff Contact Person: Miguel Hernandez Email: hello@ Phone: (214) 945 8202 Country: United States Website:
