Is the Huada Gene burning money coming from a wave of genetic industry bubbles coming?

For the genetic industry, this is a gratifying era and an embarrassing era.

The good news is that all the capitals are very much interested in the development of genetic technology, and they are rushing to make arrangements. This can be seen from the prospectus of Huada Gene. In the past four years, more than 50 investors (including those who have dropped out) have become shares in China. Huada Technology and Huada Medical under the umbrella invested a total of 7.215 billion yuan, while other startups continued to receive financing.

The embarrassing thing is that although companies have tried their best to create application scenarios, the market does not understand genetic technology, and the willingness to pay is not strong. As a result, the bubble in the genetic sequencing industry seems to be forming. As to whether the Internet bubble will burst into the shock of the industry, whether market sales can catch up with capital, and whether industry players can find genetic technology "killer application". "The product.

Is there a wave of gene industry bubbles burned by Huada Gene?

Huada Gene Industry Whampoa Military Academy

According to incomplete statistics, there are currently no fewer than 100 genetically-related startup companies in first-tier cities such as Beijing, Guangzhou, and Guangzhou, and 90% are start-up companies, focusing more on the downstream and downstream gene sequencing services.

Huada Gene is undoubtedly the Whampoa Military Academy in the genetic testing industry. As the leader of the genetic industry, Wang Jian, the chairman of Huada Gene, led a team out of the Chinese Academy of Sciences system in Shenzhen in 2007. In seven or eight years, he was born in China. Big genes have become the aircraft carrier of this industry and the Whampoa Military Academy.

Huada started from science and technology services, and technology services have also become an important source of income for Huada. By the first half of 2015, the proportion of total gene income of Huada still exceeded 40%. Subsequently, Huada Medical was established and entered the field of medical sequencing. According to the disclosure of the prospectus, Huada Gene has cooperated with more than 800 medical institutions in China, including 100 top three hospitals. Especially in the non-invasive prenatal genetic testing product, Huada Gene has no suspense to become the industry leader.

With the prestige of the genetic community at home and abroad and the market share, capital can be imagined for the pursuit of Huada. In February 2014, Huada Technology and Huada Medical merged to seek IPO with Huada Medical as the main body, and changed its name to Shenzhen Huada Gene Co., Ltd. (hereinafter referred to as “Hua Da Shares”). According to statistics, there are no less than 50 institutional investors who invest in China University, and more than 50 investors have invested in Huada shares through an associated or unrelated way, with an investment of 7.215 billion yuan.

Another well-known genetic testing company in the industry is Berry and Kang. The founder Zhou Daixing once sold the second-generation sequencer to Huada Gene in 2007 as the sales director of the Asia-Pacific sequencing market of Illumina (American Gene Sequencer).

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