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Ann: Anteo Makes Solid Progress With Geneodx Partnership, page-24

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PeterFred

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21/02/19

20:30

Post #: 37522513
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Originally posted by bourbasted: ↑

Hi Dolce. I'm trying to recall a time when our IP/technology was compromised and/or reverse engineered by a previous partner/working group. Philips (aka PoC1) would be the only instance I can think of when it was a possibility, but the likelihood is low, as the POC product they actually produced had no multiplexing feature which was a key capability of M&G. Happy for you to provide other examples, but I'm failing to come up with much. Not trying to be argumentative, genuinely trying to understand where the comment came from.

The main difference I see between this arrangement and PoC1 (and other early engagements) is these are pre-made products, not customised formulas developed along side scientists from Chinese coys. Not to say that it can't be reverse-engineered (the Chinese are brilliant in this area), but I don't think they could legally do it (assuming contracts are reasonable) and I don't see us co-sharing a lab to develop with them as we did with Philips.

The structure of this agreement gives me some hope as well.  Geneodx is a Chinese company with exclusive rights to distribute Anteo products. They have a vested interest in protecting the IP. This is no longer an Aussie company dealing directly with Chinese coys as end users. This isn't to say that GeneoDX couldn't betray us, but it's a better position to be in imho.

Regardless, this is a good progress report. Will be happier when we have some commercials / predicted revenue to consider.

All IMHO, FWIW, GLTA, blah blah blah...

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Hi BB and DV,

I think you make a good point, DV, but the main issue with IP and China (apart from cyber espionage) has been the insistence that an overseas company establishes a subsidiary in partnership with a Chinese-government controlled entity. That's where a more overt level of IP can be at risk.

Doesn't seem to be the same case here.

Originally posted by bourbasted: ↑

Hi Dolce. I'm trying to recall a time when our IP/technology was compromised and/or reverse engineered by a previous partner/working group. Philips (aka PoC1) would be the only instance I can think of when it was a possibility, but the likelihood is low, as the POC product they actually produced had no multiplexing feature which was a key capability of M&G. Happy for you to provide other examples, but I'm failing to come up with much. Not trying to be argumentative, genuinely trying to understand where the comment came from.

The main difference I see between this arrangement and PoC1 (and other early engagements) is these are pre-made products, not customised formulas developed along side scientists from Chinese coys. Not to say that it can't be reverse-engineered (the Chinese are brilliant in this area), but I don't think they could legally do it (assuming contracts are reasonable) and I don't see us co-sharing a lab to develop with them as we did with Philips.

The structure of this agreement gives me some hope as well.  Geneodx is a Chinese company with exclusive rights to distribute Anteo products. They have a vested interest in protecting the IP. This is no longer an Aussie company dealing directly with Chinese coys as end users. This isn't to say that GeneoDX couldn't betray us, but it's a better position to be in imho.

Regardless, this is a good progress report. Will be happier when we have some commercials / predicted revenue to consider.

All IMHO, FWIW, GLTA, blah blah blah...

Expand

ADO Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
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Ann: Anteo Makes Solid Progress With Geneodx Partnership, page-24

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Ann: Anteo Makes Solid Progress With Geneodx Partnership, page-24

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