No Allo this fella didn't forget about those little spheres. They actually went out and trademarked the name Plurisphere for them. That was what, 3 or 4 years ago. And if I'm not mistaken, in one of their past presentations or reports, they said they would be doing something with that. Just another broken promise/missed deadline.
They could have become a manufacturing giant just like Lonza. Have a look at their half year report. Sales of over $1 billion for the pharma and biotech division. Growth sitting at 27%. Would imagine these will start exploding once more and more biotechs bring products to market.
But no, why would anyone want to start manufacturimg cells for the competition. Let them pay someone else to do it. Makes zero sense to me and always has. One of the main reasons (aside from bonuses) that pisses me off about this management team. If I had the latest and greatest manufacturing ability that can produce cells at an incredibly cheaper price, I would keep it all to myself. I would continue to let Lonza make smaller margins due to high manufacturimg costs, even though I could do it for less with much greater margins. That's how great business leader run companies right.
It is a missed opportunity of epic proportions. Imagine if the were pulling in anything close to what Lonza does. Don't think the ATM would have to be used at all now would it. Sickening. Only thing I can think of is their technology isn't as good as they say it is. What other logical explanation could there be. Again, someone show me the light please. No name calling just some honest rebuttals with facts. Don't ever seem to get many contrarian views and I'm hoping this time I will from all the company fanatics we have here.
In the long run I guess as long as they can make enough to keep pocket mans pocket full of the stuff, they're content with that.
I'm clueless eh Allo? Lmao.
