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So ONT has turned its largest (and only?) UAE customer into a distributor leading to a 50%+ reduction in revenue from that region? Based in 2022 results, this seems to me like a 50% discount to a client wrapped up as a distribution deal. I can't see any shareholder benefit in this move.
"Biogenix Labs – part of G42 Healthcare, became the first laboratory in the Middle East to conduct sequencing for Covid-19 surveillance and variant detection using Oxford Nanopore’s technology. "
The SP seems to keep on dropping like a rock - is there some new UK Gov regulatory change ahead do with with licensing of cannabis related products that I missed?
Gogota is another subsidiary that you can search for on that portal, they have the licenses for area around Njozi - and those also seem up for renewal on the 17th Sept