What's their story and what role do they play today in China's biotech industry?

Yeah, so they are definitely China's largest and at this point, particularly in the US, I would say most notorious genomics company.

They're China's Illumina.

And by that, I mean, not only do those two companies actually have an ongoing or a very deep pile of lawsuits against one another around IP theft, but they operate a similar space that they're really the dominant player in the sequencing industry in their respective ecosystems.

I would say similarly, they are regarded by people on the ground in a similar way.

On one hand, they both produce great products.

They're immensely innovative.

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