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  "documentTitle": "Berkeley Lights (BLI)",
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  "authorName": "Scorpion Capital",
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  "presentationDate": "2021-09-15 00:00:00",
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      "text": "Beacon is a vanity machine that's \"very, very\" expensive with double the cost per assay of traditional methods.",
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      "text": "Beacon is a vanity machine that's \"very, very\" expensive with double the cost per assay of traditional methods. Q: \"It sounds like this thing is a vanity machine...\" A: \"...the total assay cost is very, very—it is much more compared to traditional methods.\" Q: \"...the per assay cost?\" A: \"It is, yes.\" Q: \"And what is that cost per assay?\" A: \"I would say it is about two times more. So, the biggest cost is the reagent and the consumables.\"",
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      "text": "Only potential use case for BLI is very occasional pre-phase 1, pre-clinical development; puny market compared to Phase 3 or commercial usage. \"As it stands now, it is basically a good tool for very early cell line development, and you're talking about pre-clinical development on early-stage development, not even phase-1 or anything like that...\"",
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      "text": "\"Beacon is a vanity machine that's 'very, very' expensive with double the cost per assay of traditional methods.\" — Expert Consultation",
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      "text": "Source: Scorpion Capital consultation calls with experts",
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      "text": "NOVARTIS cell and gene therapy (cont'd): Only potential use case is very occasional pre-phase 1, pre-clinical development which is a puny market compared to Phase 3 or commercial usage; Beacon is a vanity machine that's \"very, very\" expensive with double the cost per assay of traditional methods.",
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