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Re: biosectinvestor post# 486565

Tuesday, 06/14/2022 11:49:37 AM

Tuesday, June 14, 2022 11:49:37 AM

Post# of 700017
Bio, initially Cognate had one customer that being in NWBO. Suspect Cognate was working/looking to diversify their customer portfolio when CRL acquired them. Obviously, CRL has a broad customer portfolio making Cognate a good fit. Not to mention the inherent strategic value of the Memphis FedEx hub location for a biologic production facility.

It’s my opinion Cognate had not obtained additional sustaining customers before being acquired by CRL. And it is also likely Cognate performed some “one off” project type work for other customers during this time

Recovering former moderator.

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