May. 12 at 5:40 PM
$BLLN another prediction: once they settle out of court with ILMN, ILMN will want a licensing percentage of all the tests they’ve already done for whatever period it is they’re being sued for. So you’re most likely going to see an announcement of a one time payment to ILMN for those tests, PLUS they now they have to pay a percentage licensing fee going forward, on every test. This is in today’s environment where payors are paying less in general, reimbursement wise, on tests. So be careful of “spin” during earnings calls where they brag about testing volume- reality is if amount reimbursed per test is falling, plus now ILMN gets a percentage on each test… not a business to be in anymore…