RE: Biotech stocks18 Jan 2023 10:01
I haven't yet Bojo, enjoying the Russian roulette buzz with O&G stocks at the moment :) Met AN over a decade or so ago when I was still in Academia (I retired very young from it ) as the whole Parsortix story was unfolding. I kept up with it for ` year or two and with all the delays, it fell off my radadr till you mentioned it back in 2020. AN is a smart guy, they sold something to ARM to plough all efforts into Parsortix, so his pedigree is not in doubt.
I have my concerns around the barriers to adoption and the high burn rate. I need to find some time and do the research on it throughly to convince myself of the investment case. The usefulness of the technology is not in doubt, but more so whether the NHS/Industry are ready to adopt it, and how far are we from it. Personalised medicine is a buzz word that gets banded about, but it requires a lot of infrastructure investment from IT connected to wide availability of sequencing technology.