Chapter 1311 Gene Sequencing?

As successful as the Mellon family was in the past, they are lonely now. The so-called 30 years in the east and 30 years in the west of the river, there are not many families in this world that have been passed down for hundreds of years.

Of course, the failure of the Mellon family does not mean the disappearance of the Mellon consortium. It merged with the Bank of New York 10 years ago, and now Mellon Bank is in charge of total assets of up to 20 trillion US dollars, of which the assets directly involved in management are 1.1 trillion US dollars. It is definitely one of the most powerful Big Macs on the planet.

As its pillar company, Alcoa has been monopolizing the entire United States, and Gulf Oil is also one of the monopoly overlords in the U.S. oil industry. This is an important factor for the Mellon consortium to influence the development of this country through its own tentacles. portrayal.

It's just that these people have nothing to do with the Mellon family now. Mindy's father, Matthew, had the opportunity to take over the entire Mellon consortium decades ago. He knows everything about having fun, and he is also an infatuated man who repeatedly falls on women. He originally accumulated a net worth of 1 billion by playing virtual currency, but it is a pity that he gave birth to two sons who are even more jerks than him. It will be a matter of time before he loses his fortune .

Could it be that the Mellon family has passed on the wisdom of several generations to Mindy?

From the looks of it, Mindy's laboratory holds the hope of the Mellon family's revival.

"An Qi, to tell you the truth, if that incident hadn't happened, I was very confident in the revival of the family, but since that incident happened, I have been completely disappointed in this family." Mindy's eyes showed unbearable pain.

Yang Cheng searched the memory in his mind, but unfortunately, he didn't find relevant information. After all, the Mellon family is too low-key. He is far away in New York, and he really rarely hears the news here.

However, it seems that the territory of the Mellon Foundation is in Pittsburgh. Why did Mindy put the laboratory in Baltimore, where the law and order is so chaotic?

The headquarters of Alcoa, a pillar company of the Mellon consortium, is in Pittsburgh.

Regardless of what he thought, Zhao Anqi comforted, "I can only say that your two elder brothers did too much, they didn't take you seriously at all, and your surname is Mellon, They have no right to do this to you."

Yang Cheng was really curious, and interrupted awkwardly and asked, "Well, may I know what you are talking about?"

Mindy glanced at him, and then said, "Let's go, go to my office, it's not convenient to talk here."

The three of them walked all the way in along the curved corridor. The office is at the end of the corridor. The door is made of bulletproof glass, and there are strict access facilities in front of the door.

Including palmprint and iris recognition, as well as a long string of letters and numbers, three procedures are required to enter the office, and the security is as tight as F~B~I headquarters.

However, this also proves that a large amount of important scientific research information and samples are stored in the office, and outsiders cannot enter without the guidance of Mindy.

Just like the decoration of the whole building, it is white and dreamy, the marble floor is spotless, and the sunlight from outside shines in, reflecting the dazzling light, and the eyes tend to be blinded after staying for a long time.

"Sit casually, what do you want to drink? Coffee or tea?" Mindy greeted.

The sofa is also white, does this person have a cleanliness?

Yang Cheng and Zhao Anqi both ordered a cup of tea, and after Mindy personally brought it, she sat across from them, "Sorry, my assistant just left."

"It's okay, we're in no hurry~"

"Jason, you just said that you have invested in the biopharmaceutical industry?"

Yang Cheng nodded, "My investment scope is not fixed, I invest in whatever makes money, and I don't have the ideal of changing the world, so investment has never focused."

Mindy said meaningfully, "Do you know anything about DNA testing?"

Yang Cheng hesitated for a moment, "I don't know much, I have seen more from the news, and they are mostly used in the field of criminal investigation."

"DNA can not only help catch criminals, but also solve intractable diseases, fundamentally benefiting human beings."

"So your laboratory is dedicated to the study of DNA?"

"A genetic sequencing laboratory to be precise."

"Gene Sequencing?"

"Yes, this is an emerging market. It is conservatively estimated that in the next 5-8 years, the global gene sequencing market will reach 30 billion US dollars, and the prospects are very bright.

Take Illumina, the largest and most technologically advanced company at present, the price of a cubic foot sequencer developed by them is US$19,900, which directly lowers the threshold of the gene sequencing market, which also makes their revenue greatly increased. In a few steps, it is expected to reach 2 billion US dollars by the end of this year, and will continue to grow next year. "

Yang Cheng pressed his forehead, "Wait, mindy, can you explain to me what gene sequencing is? I'm sorry that I'm not a professional in this field."

Zhao Anqi patted him, "Don't mind, mindy is a technology fan, and he doesn't care when talking about technology."

Mindy also smiled apologetically, "Yes, this is my question. To put it simply, gene sequencing is a new type of genetic testing technology that can analyze and determine the full sequence of a gene from the blood or saliva of an organism."

Yang Cheng asked again, "And then? What is the purpose of this genetic test?"

"It can predict the possibility of suffering from a variety of diseases. Gene sequencing technology can lock individual disease genes and carry out targeted prevention and treatment in advance."

Yang Cheng nodded half-knowingly, "Okay, I probably understand, but has this technology been applied clinically?"

Mindy nodded affirmatively, "Yes, my laboratory is cooperating with Johns Hopkins University School of Medicine and GlaxoSmithKline. Some patients with financial conditions are willing to experience this new technology that spans the century. Keep your body healthy."

Now you know why the lab was established in Baltimore.

Zhao Anqi then added, "The laboratory is conducting a crucial research. Once successful, the threshold of gene sequencing technology will be lowered again. In other words, more people will be able to try to accept this new technology."

Yang Cheng really didn't know much about DNA technology, so he just listened to the general idea and thought it was a chat, "Okay, I understand."

Zhao Anqi said again, "Bringing you here is also to help Mindy attract investment. If you want, you don't have to take care of my face. It depends entirely on your own ideas."

Well, this is another trick, and I was willing to get into it, and I'm not annoyed, after all, Zhao Anqi's words are very clear, don't care about favors, it's just an opportunity, vote if you want, it doesn't matter if you don't want to.

After thinking for a while, he suggested, "Well, my knowledge of this field is no less than that of human beings in outer space. If you have time, can I invite a friend to visit the laboratory?"

"Yes, but the experiment is temporarily in the confidential stage, and it is not allowed to open to outsiders."

Yang Cheng choked for a moment, not allowed to watch the experiment? So on what basis does he decide whether to invest?

"Come on mindy, are you worried that my people will steal your research results?"

Mindy defaulted, but Zhao Anqi helped to explain, "Mindy didn't doubt you, but I don't worry about the friends you invited. You don't know this industry, and the technology is similar. Many times, a novel idea can determine the birth of a new technology. If your friend is an expert, he is likely to come up with similar experimental results based on mindy’s research, and even if there is patent protection, it will not be clear at that time, and it will delay the time to market the product.”

In this way, Yang Cheng felt much better. He did not consider this matter, but also because of this explanation, he suppressed his desire to invest. It is absolutely impossible to achieve the level of mastery through short-term contact, so how can he ensure the return after investment? If the other party has bad intentions, he can hide it as much as he wants, but he still can't find it.

Forget it, I can't afford it.

"Sorry, but rather than investing in an industry you've never heard of, it's better to invest in a real industry that may not have as much profit but is safer, such as Alcoa."

He tried it in a joking way. He knew that Mellon's family foundation still held a part of the shares of Alcoa. The world doesn't need metal anymore, otherwise Alcoa would always be a standing giant.

Mindy heard the meaning of rejection in Yang Cheng's words, and could only smile wryly. In fact, Yang Cheng was not the first to reject her, nor would she be the last.

But she cheered up and replied, "The shares of Alcoa are under the family foundation, and I have no right to intervene. Of course, if you are really interested, I can introduce you to my two brothers, or you want to meet Matthew, that's fine too."

Yang Cheng's eyes lit up, seeing that prodigal son? It seems that it is not impossible, he has enough confidence to convince Matthew.

However, Angie Zhao immediately pulled Yang Cheng's skirt, "Alcoa is currently negotiating a split, and now is not a good time to invest."

Yang Cheng really didn't understand this, so she looked at Zhao Anqi unexpectedly, and then mindy said frankly, "That's right, you are An Qi's friend, and I don't want to hide it from you. The profit level of the entire group and the stock price have fallen one after another, so the board of directors is studying to reverse the current situation through splitting.

They expect to split the company into two. The traditional smelting business of the aluminum industry will continue to use the name of Alcoa, while the aircraft and auto parts business with higher added value that the company has been committed to building in recent years will be split and reorganized into a new company. company. "

They feel that this chaotic time is not suitable for investment, but Yang Cheng just thinks that there is no better time than now to buy the bottom.

He made up his mind and asked Allen to acquire the shares of Alcoa in the secondary market later. It would be even better if Matthew could discuss it and take over the shares held by the Mellon Foundation.