This story has been updated from a version published May 2 to include information from documents filed with the SEC.

Helicos is in the final stages of settling a patent dispute with Pacific Biosciences — one of three defendants in a suit that has been ongoing since 2010.

The settlement with PacBio has not yet been finalized, but Helicos CEO Ivan Trifunovich told In Sequence that the agreement will allow the company to "focus on Illumina and Life [Technologies]," the other defendants named in the suit.

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