ASeq Newsletter • 21 implied HN points • 16 Mar 26
- PacBio agreed to pay Personal Genomics just over $23 million to license patents, settling a lawsuit and removing a legal threat.
- Those payments are spread over four years, so PacBio doesn’t have to pay the full amount up front.
- PacBio has about $279M in cash and is burning roughly $159M a year, leaving only about a year and a half of runway.