"The manufacturing process often requires multiple steps and...

"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."