May 8, 2012
New Distributors Will Ship DNA Samples to Complete Genomics
for Sequencing
MOUNTAIN VIEW, Calif. - May 8, 2012 - Complete Genomics
Inc. (NASDAQ: GNOM), the whole human genome sequencing
company, today announced that it has signed four new
distributor agreements with well-established Asia-Pacific
life sciences companies - GeneWorks Pty Ltd. In Australia,
Cyagen Biosciences in China, AR Brown Co. Ltd. in Japan,
and BML in Korea - to better serve customers in those
regions. These distributors will complement Complete
Genomics' high-quality sequencing by enhancing service
accessibility, convenience, and the efficient delivery of
data to its regional customers.
The dealers bring experience in sample acquisition,
handling and management, and data analysis and
bioinformatics. These arrangements will provide Complete
Genomics' customers with sample preparation assistance at
the beginning of the sequencing process and additional data
analysis, if required, at the end to maximize the discovery
potential of Complete Genomics' highly accurate data.
"We are excited to see demand growing for our high-quality
sequencing service in the Asia-Pacific region," said Dan
Floerke, director of Market Development, Asia-Pacific at
Complete Genomics. "With the support of our distributors,
our goal is to deliver the best possible service to the
customers in this region by providing easy access to our
whole genome sequencing data and helping to shorten their
discovery times."
Complete Genomics' services provide customers with further
insights into the genetic underpinnings of human diseases,
including complex diseases such as cancer. For the genomes
delivered to their customers in the first quarter, the
median exome call rates were above 98 percent and median
genome call rates above 96 percent - both industry-leading
metrics. More than 35 percent of the 5,000 genomes that the
company has sequenced to date have been cancer genomes. In
addition, when the allele fraction was 20 percent, Complete
Genomics' cancer sequencing pipeline achieved 92 percent
relative sensitivity.
Complete Genomics is able to support its accuracy claims by
publicly releasing the data for review. In February 2011,
Complete Genomics publicly released 60 genomes and has
since updated the data set with an additional 13 genomes,
including two tumor-normal pairs. With this dataset,
researchers have access to a comprehensive collection of
small variations in the diversity panel, reporting of
structural variation breakpoints composed into events, and
visualization of genome-wide genomic alterations summarized
in Circos plots. In addition, a number of papers have been
published based on this data.
About Complete Genomics
Complete Genomics is the whole human genome sequencing
company that has developed and commercialized an innovative
DNA sequencing service. The Complete Genomics Analysis
Platform (CGA™ Platform) combines Complete Genomics'
proprietary human genome sequencing technology with
advanced informatics and data management software.
Additional information can be found at
http://www.completegenomics.com.
Forward-Looking Statement
Certain statements in this press release, including with
respect to business opportunities in the Asia-Pacific
region, are forward-looking statements that are subject to
risks and uncertainties. These forward-looking statements
are based on management's current expectations, and
actual results may differ materially from our expectations.
The following factors, without limitation, could cause
actual results to differ materially from those in our
forward-looking statements actual market growth in the
Asia-Pacific region, customer acceptance of the Company's
services, and competitive pressures. More information on
risk factors that could affect our results can be found in
our Quarterly Report on Form 10-Q filed with the SEC on May
9, 2012, including those listed in that filing under the
heading "Risk Factors." We disclaim any obligation to
update information contained in our forward-looking
statements, whether as a result of new information, future
events or otherwise.
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