RE: SKIN: Integumen, Labskin, Labskin AI and Rinocloud23 Oct 2019 09:27
Morning Longlad, my understanding is that they have a first-mover advantage and a technologically unique selling point, as they are the first and only commercially available lab-grown, full thickness human skin model with entirely human collagen production for anti-ageing tests and can determine the impact of cosmetic and skincare products on the skins microbiome. You might think well why don't the competition just copy and catch up, well firstly Intugemens product has been in development for a long time, over 13 years now and you may have noticed but they industry already had a product to copy from the beginning, human skin. So it seems it is not as easy as it might appear. Integumen is way ahead of the competition and has surprised quite a few much much much larger companies. There are also other factors judging from the content on the website, such as available surface area etc but this is a side show. But the real technological breakthrough comes when you combine labskin, labskin AI, Rhinocloud etc and have a product such as Stoer which proves the it works.
I will be very surprised if a much larger company does not make an offer for the company in the next year or so. The advantage that Labskin gives a large pharmaceutical or cosmetic company is worth a lot in terms of time reduced and speed to market, the accuracy of tests and the zero animal testing.
As always though, these are my views and I encourage others to research before buying into any company, that way you are super confident in your own investments.