RE: Takeover5 Jul 2023 13:42
Peeps, I think it will go through. The only way it won't is if another offer comes in, which is probably unlikely, but you never know eh!
Ygen is a good business and with your cash will do very very well for you.
They have some great products that are already doing well, but with a bit more ooomph will do so much better.
They have a potentially disruptive tech ( Ranger) which I expect to bring in much gold. Check it out.
They have some big player partners in the US including Ambry genetics. Ygen supply their Nipt ( non invasive pre natal testing) stuff. That alone should be worth many millions in time.
They also have a in-house cancer product called DPYD. It's getting specified more and more throughout Europe and beyond. They already have a exclusive contract for the whole of Wales NHS .
The company is multi faceted offering different services as well as products. Anyone concerned about over paying should not be. They have a lot going for them, just need some investment from Ncyt and away they go.
The big problem is/was the management, but hopefully your guys will keep a close eye on anyone who transfers over, which I'm sure they will.
I see Ncyt ,or anyone else as the final piece of the jigsaw , as it's ready to go!