Seer says it expects a price cut for customers from cost savings

Seer said on its third-quarter call that it expects a reduction in price for customers as it passes on cost savings. Chief Executive Officer and Chair of the Board Omid Farokhzad said the sales cycle is now about 6 months, down from a high single-digit number of months.

He also said Seer expects to announce, over the next few weeks, a customer with more than 10,000 samples and an initial order of a couple of thousand samples.