GTG 4.55% 1.1¢ genetic technologies limited


  1. 158 Posts.
    I held shares in gtg 12 to 18months ago.Sold out due to
    stop loss being activated.Have recently bought back in. H.C members should read the last couple of announcments. This company holds the patents for the non-coding dna .The significance of this should not be overlooked.Just about all medical research carried on now involves using dna.This company through it's patents,has a right to royalties from each and every company that uses dna in it's process to develope new drugs. That also they have right to charge any company that is using dna just for reseach.I think the enoumousness of the potential of this was overlooked in Gobliebsen article in the "Australian" on the weekend, when he described the potential of gtg equivalent to Microsoft.There last liscence was for 5 million dollars. If anyone anywhere in the world was to devolope a new drug for the treatment of anything that used dna in there process gtg would be entitled to a royalty. The announcement this morning I think is even more significant than what is written above.Please ring the company for more information.
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