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Re: allezlOM post# 599

Wednesday, 11/22/2017 3:20:56 PM

Wednesday, November 22, 2017 3:20:56 PM

Post# of 1140
People have been asking me to post some fundamentals on lqwc. Lets just take 23and me and compare to new life lqwc.Heres a link.
https://www.top10dnatests.com/compare/23andme-vs-new-life-genetics/

Now lets see what kind of a deal 23andme has gotten from a large biotech company. Now you all can see why we could see prices North of 1.00 just to catch up to peers.
https://www.forbes.com/sites/matthewherper/2015/01/06/surprise-with-60-million-genentech-deal-23andme-has-a-business-plan/#6630b2392be9

A deal being announced today with Genentech points the way for 23andMe, the personal genetics company backed by Facebook billionaire Yuri Milner and Google Ventures to become a sustainable business – even if the company’s discussions with the U.S. Food and Drug Administration stretch on for years.

According to sources close to the deal, 23andMe is receiving an upfront payment from Genentech of $10 million, with further milestones of as much as $50 million. The deal is the first of ten 23andMe says it has signed with large pharmaceutical and biotech companies.


All my posts are my OPINION>>IMO>>>Do your own Due Diligence!!.......rareF...deal with it