Aug. 8 at 1:45 AM
$TXG some updates on TXG's competition in spatial bio:
- Vizgen is a secondary competitor and raised money in January 2026 to scale out manufacturing and expand. Atera is revealed in April 2026 and Vizgen announces layoffs at the end of May 2026, a narrowing of focus to neuroscience applications, and outsourcing manufacturing (the very thing they raised money for). My take is that their orderbool vaporized when their customers saw Atera.
- Bruker Spatial Bio just lost their CSO, Joe Beechem, that came in from the Nanostring acquisition. He was their CSO as well and is considered to be the face of GeoMx/CosMx development, as well as a source of credibility with their academic customers. He apparently left in July to start his own venture, currently in stealth mode. This implies that Bruker has no material response, and this stealth venture would take at least 4-5 years to ship something commercially. He is also like 67 years old, so he might not be doing this for much longer.
