The significance of Bangs doesn't have to come in the form of mass royalties imo melua. I think the main points were raised as to the benefit of such a deal in the first few bullet points of the actual announcement, I suggest you see point 2 after your comment ("I was prepared to short when I researched Bangs. In my opinion nothing significant will come of that but the IVD market is another story").
Points from ann:
Anteo signs first commercial licensing agreement for Mix&GoTM technology with major bead supplier, Bangs Laboratories
Agreement confirms commercial benefits of Mix&GoTM technology to in vitro diagnostic (IVD) and research markets
Anteo is actively engaged with all major market participants and expect further licensing
agreements to be signed
When such things are proven as a commercial viability then it changes the whole scope for opportunity imo. Others within the sector will not want to be left behind if their competitors are using a faster more efficient means of testing. This comment should also not be taken lightly either:
President of Bangs Laboratories, Inc., Mr Chad Owen, said, I have been in this business for more than 13 years now and regularly encounter interesting new technologies. The Anteo Mix&GoTM technology is one of the most exciting innovations I have seen in all of that time.
Just my thoughts
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