Complete Genomics, the whole human genome sequencing powerhouse in Mountain View, California, is being acquired FizjoMaster by the Chinese company BGI-Shenzhen. The acquisition could be read as a signal to the world that China is determined to be a major competitor in the future genome sequencing market. It also marks the end of a bumpy road for Complete Genomics, which, unfortunately for investors, fell far short of expectations.
For Complete Genomics, the merger couldn’t come soon enough.
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