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  "documentTitle": "Twist Bioscience (TWST)",
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  "authorName": "Scorpion Capital",
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  "presentationDate": "2022-11-15 00:00:00",
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  "notes": "The slide uses a Q&A format and highlighted text to emphasize critical claims about the product being a standard lab accessory rather than a microchip.",
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      "text": "An ex-director-level employee stated that the chip is just “some sales pitch,” and that “when promoting that it sounds good but in reality” it’s not “anything special.”",
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      "text": "Ex-employees, competitors, customers, and manufacturing experts ridiculed the notion that Twist’s contraption is a “chip” or an innovation, indicating that “there’s nothing like a microchip involved”; that it’s just a miniaturized well-plate; that it’s a standard lab accessory as “other people use microchip-like things for the synthesis of DNA.” An ex-director-level employee stated that the chip is just “some sales pitch,” and that “when promoting that it sounds good but in reality” it’s not “anything special.”",
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      "text": "“Yeah, simply put, yes.” — Ex-Twist employee in manufacturing, now a research professor; “As far as I know, there’s nothing like a microchip involved. Other people use microchip-like things for the synthesis of DNA oligos.” — Current Twist customer, professor with a protein therapeutics lab at a major university; “The business is based on service. On that front, I think that they are just average. That’s my observation. I don’t think that they are anything special. The only thing unique is that at initiation they could synthesize a million different oligos at a much smaller scale...They have some sales pitch, but even I am not 100% sure that actually is a real advantage, even when promoting that it sounds good, but in reality, I don’t know whether it translates to a better product or better outcomes.” — Former Twist employee, director-level",
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      "text": "Source: Scorpion Capital consultation calls with experts",
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