ndna
Oct 29, 6:06 PM
$BLLN MAY BE DEPENDENT ON NOW BANNED SUPPLIERS
On Oct 28, DHS issued import guidance that "Blocks Chinese Genomics Companies Linked to Forced Labor," namely BGI and MGI. BGI, MGI, and Complete Genomics are interrelated Chinese companies that produce DNBSeq, a sequencing platform.
I've heard, but cannot independently verify, that
$BLLN uses DNBSeq in its labs.
They disclose a risk in their latest 10-K: "While we may currently rely, or in the future may rely, on equipment, reagents, or laboratory services from one or more companies that could, in the future, be designated as “biotechnology companies of concern” under this or similar legislation, we have undertaken and continue to undertake measures to mitigate the risks associated with utilizing material from biotechnology companies of concern."
They say supplier disruptions "could require that we revalidate our tests."
I may be short.
Sources:
DHS ban: https://www.dhs.gov/news/2026/10/28/under-president-trump-dhs-blocks-chinese-genomics-companies-linked-forced-labor 10-K: https://www.sec.gov/Archives/edgar/data/2070849/000207084926000017/blln-20251231.htm
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