The importance of this annoucement should not be under-estimated. ADO is not known for making unnecessary annoucements or comments so when something is annouced take a long hard look at what it contains.
Some have already touched on a few important comments made in todays annoucement but id like to reiterrate a few comments that stood out to me.
1) It is unusual that patents are granted in Japan as quickly as this. Its granting provides Anteo with further confidence in the quality of the science and security over the intellectual property (IP) in a commercially large jurisdiction.
Surge's and Twinvest has already touched on this but you would have to wonder if it was pushed through for some specific reason....
2) There are many commercially important reasons to bind biological molecules onto synthetic materials. These molecules are often fragile and do not react well when exposed to non-biological conditions. Mix&Go™ has been demonstrated to allow them to retain their activity when bound.
After doing some reading this is a big problem in the industry and mixngo allows companies to do things that they have wanted to do but were unable to do without the help of mixngo. This is a BIG positive for ADO. As stated by the company "Anteo has demonstrated that the benefits of Mix&Go™ over existing methods are both numerous and significant from technical and commercial perspectives"
3) Anteo is also pleased to inform shareholders that the company has progressed dialogue with potential customers in recent months. As previously explained, these negotiations take a significant amount of time due to the due diligence considered necessary by interested parties before incorporating Mix&Go™ into their commercial products.
Now when the company starts talking about proggressing dialogue with potential customers you can be pretty confident that these companies have finallised their testing phase's successfully and are now down to the nitty, gritty. Yes these negotiations take a while but if we cast our mind back to the June quarterly which states something similar we can be confident in assuming its getting pretty close to the end of the negotiation phase.
Bring on 2012 i say....
ADO Price at posting:
7.7¢ Sentiment: LT Buy Disclosure: Held
