Pacific Biosciences, often referred to as PacBio, is a biotechnology company that specializes in developing advanced DNA sequencing technologies. Founded in 2004, the company aims to provide researchers with tools to better understand genetic information, which can lead to breakthroughs in various fields, including medicine and agriculture. PacBio's sequencing technology, known as Single Molecule, Real-Time (SMRT) sequencing, allows for the analysis of long DNA strands with high accuracy. This capability is particularly useful for studying complex genomes and identifying genetic variations, making it a valuable resource for scientists and researchers worldwide.