InvestorsHub Logo
Followers 14
Posts 773
Boards Moderated 0
Alias Born 06/21/2015

Re: JOHCOOP post# 38467

Monday, 01/09/2017 8:51:33 PM

Monday, January 09, 2017 8:51:33 PM

Post# of 205105
The technology itself is worth billions. Affymetrix was a similar company with similar products. They are now part of Thermo Fisher:

http://www.streetinsider.com/Corporate+News/Thermo+Fisher+Scientific+(TMO)+Completes+Acquisition+of+Affymetrix+(AFFX)/11463418.html

Illumina is another giant company purchasing smaller companies to absorb them into their portfolio of genetics testing, development of cures, etc:

http://www.xconomy.com/san-diego/2013/01/07/illumina-acquires-verinata-health-prenatal-testmaker-for-350m/

It is a rapidly growing industry especially with the current 21st century Cures act:

https://www.congress.gov/bill/114th-congress/house-bill/6