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An increasing number of scientists now realize the limitations of gene-sequencing in clinical diagnostics, opening an opportunity for growth, highlighted by the rising number of Saphyr mentions in academic publications.
Recent technological advancements in the gene-editing arena bode well for BNGO's market. Such developments include approvals of gene therapies and the discovery of CRISPR.
The recent surge in BNGO's share provides relief from the financial burdens, allowing management to enhance its product offerings.