Pacific Biosciences

Pacific Biosciences

Pacific Biosciences Careers, Pay and Expert Network

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Pacific Biosciences of California, Inc. is an American biotechnology company founded in 2004 that develops and manufactures systems for gene sequencing and some novel real time biological observation.[failed verification] PacBio describes its platform as single molecule real time sequencing , based on the properties of zero-mode waveguides. The company's first commercial product, the PacBio RS, was sold to a limited set of customers in 2010 and was commercially released in early 2011. A subsequent version of the sequencer called the PacBio RS II was released in April 2013. On September 25, 2013 a partnership between Pacific Biosciences and Roche Diagnostics was announced for the development of in vitro diagnostic products using the technology, with Roche providing US$75,000,000 in the deal. In 2015, the company launched a new sequencing instrument called the Sequel System with approximately 7-fold greater capacity than the PacBio RS II. Then in April 2019 the company launched the Sequel II system with a further 8-fold increase in throughput.

Snapshot

Employees404
IndustryBiotech
Market Cap$2.4 billion
Revenue$90.8 million
5 Year Trend+4.3%
Net Income-$84.1 million
NASDAQPACB
Founded2004
Annual Report
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Total value of jobs:
$1,075,000
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Total Jobs:
1
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Average Pay:
$134,375
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% Masters:
36%

High-Paying Jobs at Pacific Biosciences

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Pacific Biosciences Compensation

Reliability Engineer

$175K

$225K

Average Compensation:$200,000

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