6. BUSINESS MODEL
Next Gen Sequencing
Products
Device
>$1,000
Flow cells
>$900
Kits
~$600
Community Service
Analysis
$0
Training
~$15,000
Support
$1000/mo
7. HISTORY
2005: Founded
• Dr. Gordon Sanghera
• Dr. Spike Wilcocks
• Prof. Hagan Bayley
2008: Executive team
• Dr. John Milton
• Clive G. Brown
2012: first data
published
2014: MinION early trial
2015: commercially available
2016: patent battle
w/ Illumina settled
2017: support RNA sequencing