InvestorsHub Logo
Followers 15
Posts 646
Boards Moderated 0
Alias Born 04/21/2014

Re: FrankMD post# 96477

Monday, 08/31/2015 10:29:20 AM

Monday, August 31, 2015 10:29:20 AM

Post# of 278110
I don't know, honestly.

My guess is that the time that they were looking into it that the technology just wan't there yet to do any effective gene insertions and that we are just now getting there with the piggyBac, Zinc finger nuclease, and CRISPR/CAS-9 systems.

Since many startups have been recently pursuing this, they may now in fact be waiting for a company to become successful at mass producing the silk or silk proteins economically and try to buy them out as many tend to theorize on this board.

It is likely easier and cheaper for them to let other companies do the legwork of initial production and commercialization, carrying the risk of failure on their back, then buy them out when they have achieved guaranteed success rather than throw a bunch of money at research that may end up being a dead end.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News