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Home » Business, Policy & Funding » Business News » Oppenheimer Bullish on Life Tech's Ion Proton Instrument as Anticipated Launch Nears

Oppenheimer Bullish on Life Tech's Ion Proton Instrument as Anticipated Launch Nears

Sep 04, 2012
|
staff reporter

NEW YORK (GenomeWeb News) – Anticipating the expected launch of the Life Technologies' Ion Proton benchtop sequencer, Oppenheimer analyst David Ferreiro today estimated 140 placements of the system in 2012 translating to $35.3 million in revenues.

He added that he estimates 200 placements of Ion Proton in 2013 and 300 placements in 2014, which would result in revenues of $75 million and $150.7 million, respectively.

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