"The manufacturing process often requires multiple steps and achieving reproducibility and consistency of performance from large scale production batches is not trivial when dealing with micron and sub-micron particles. Consequently, magnetic particles retail in the order of $1000 per gram, with some suppliers being dramatically more expensive."
BUT WAIT THERE HAS TO BE A BETTER WAY....
ENTER MIXNGO>>>
"Anteo avoids the need for multiple coatings by directly coating the magnetite with a metal polymer-based surface chemistry called Mix&GoTM. The starting advantages are costs (magnetite nanoparticles retail around $10 per gram) and ease of use as only a single one-step water based addition is required to produce stable and active magnetic particle for protein binding. The procedure is simple and consists of adding sonicated magnetite to a Mix&Go solution and stirring for an hour. Scale up issues should be trivial even at multi-kg and higher scales".
Understand this and you will understand the value of the patents - This part of the business will value the patent alone at more than the current market cap
And I wonder why Ferghana Partners was required...
"Using Mix&Go, it is possible to produce fully functional magnetic particles ready for Protein A binding with far higher binding capacity at approximately 100 times lower cost than with existing magnetic particles."
ADO Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
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