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BNGO: Re: Looking for some biotech stocks to buyThanks for the discussion its seems like great technology. BNGO is only generating 6.7 million revenue per quarter. There are 196 of their machines installed with just 20 sold in Q2. Each sequencing (?) machine uses 20 nanochannel array flowcells (a consumable?) on average. Each machine seems to be priced around a few hundred thousand dollars. I am having trouble seeing how BNGO can generate very much revenue. Can you explain more about the technology and the business. Will the value be realized only with a buy out? |
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