[Featured Stock] LabGenomics Rises on Spotlight of Liquid Biopsy Gene Editing Technology Adoption
The stock price of LabGenomics is showing a rise of over 20% during trading on the 1st. The news that the cancer early diagnosis company they collaborated with has increased diagnostic accuracy by introducing gene-editing technology into liquid biopsy for the first time in the world seems to have reflected expectations that it will benefit LabGenomics' diagnostic kit business.
As of 10:09 a.m. on the day, LabGenomics' stock price recorded 2,540 won, up 19.5% compared to the previous day. Jinseeker, which signed a memorandum of understanding (MOU) with LabGenomics for joint development of infectious disease molecular diagnostic kits, introduced gene-editing technology into liquid biopsy for the first time in the world.
For ultra-early cancer patients with a tumor size of 1㎤, the proportion of circulating tumor DNA (ctDNA) is only 0.022%, but existing liquid biopsies could not screen if ctDNA was below 0.1%. By using Jinseeker's gene-editing technology, the detection limit has been increased more than tenfold to 0.01%, enabling the detection of early-stage cancer. It is also reported that the diagnostic cost can be reduced to one-tenth compared to general liquid biopsy.
Hot Picks Today
[Breaking] SK hynix: "Solidigm IPO review process suspended... Considering shareholders' choice"
- Huang Jensen: "The More Memory, the Better"... Dismisses 2029 Oversupply Concerns
- Despite "Insufficient Balance" Notices, They Board Anyway... Reports of Foreign Fare Evasion Mounting
- WSJ: "Trump Called Musk to Ask Him to Lift Ukraine Starlink Restrictions"
- "Baek Jongwon Had Been Quiet, Then Hit It Big"... Waits in the 100s in U.S. Despite KRW 46,000 Pork Belly
Meanwhile, LabGenomics is jointly developing molecular diagnostic kits with Jinseeker. By applying Jinseeker's ultra-precise CRISPR gene-editing technology, accurate genetic diagnosis is possible, achieving accuracy close to that of real-time polymerase chain reaction (RT-PCR) tests.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.