Jaden Rismay's questions to Seer Inc (SEER) leadership • Q2 2025
Question
Jaden Rismay from JPMorgan Chase & Co. asked for more detail on the revenue contribution from the Thermo Fisher partnership and questioned how SEER's technology competes against established, targeted proteomic methods.
Answer
CFO David Horn stated that revenue from the Thermo Fisher partnership is currently "extremely modest" but is expected to increase in the second half of the year. CEO Omid Farokhzad added that the first revenue from the collaboration should be recognized in Q3 and that the opportunity pipeline is growing. Farokhzad positioned SEER as uniquely enabling deep, unbiased proteomics at scale, which he believes customers are increasingly choosing for discovery over the limited potential of targeted approaches, viewing the technologies as complementary.