Helicos BioSciences Corporation was a publicly traded life science company headquartered in Cambridge, Massachusetts focused on genetic analysis technologies for the research, drug discovery and diagnostic markets. The firm's Helicos Genetic Analysis Platform was the first DNA-sequencing instrument to operate by imaging individual DNA molecules. In May 2010, the company announced a 50% layoff and a re-focusing on molecular diagnostics. After long financial troubles, in November 2010, Helicos was delisted from NASDAQ.

Helicos was co-founded in 2003 by life science entrepreneur Stanley Lapidus, Stephen Quake, and Noubar Afeyan with investments from Atlas Venture, Flagship Ventures, Highland Capital Partners, MPM Capital, and Versant Ventures.

Helicos Biosciences

Helicos's technology images the extension of individual DNA molecules using a defined primer and individual fluorescently labeled nucleotides, which contain a "Virtual Terminator" preventing incorporation of multiple nucleotides per cycle. The "Virtual Terminator" technology was developed by Dr. Suhaib Siddiqi, while at Helicos Biosciences.

Helicos Biosciences

In the August 2009 issue of Nature Biotechnology, Dr. Stephen Quake, a professor of bioengineering at Stanford University and a co-founder of Helicos BioSciences, sequenced his own genome, using Single Molecule Sequencing for under $50,000 in reagents.

Helicos Biosciences

On November 15, 2012, Helicos BioSciences filed for Chapter 11 bankruptcy.

The patents that Helicos had licensed from Cal Tech (where Quake was when he made the underlying inventions) were subsequently licensed to Direct Genomics, founded by Jiankui He, a former post-doc in Quake's lab who gained notoriety in November 2018 when he created the first germline genome-edited babies.

See also

Helicos single molecule fluorescent sequencing

Pharmacogenomics

Genetic counseling

Genomics

References

External links

Helicos BioSciences Corp. firm website (Now defunct after Bankruptcy)

Biotechnology companies of the United States

Genomics companies

2003 establishments in Massachusetts

Biotechnology companies established in 2003

Life science companies based in Massachusetts

Companies based in Cambridge, Massachusetts

Companies that filed for Chapter 11 bankruptcy in 2012