A bit of interesting news during AGBT was the announcement of the sale of Complete Genomics to Swiss Rockets, a Basel-based company which had
last October licensed rights to Complete Genomic's CoolMPS technology for markets except Asia-Pacific. This move is clearly designed to try to extract Complete Genomics from being banned in the future in US markets due to its perceived ties, in the minds of US lawmakers and politicians, to the government of China. Swiss Rockets would acquire full rights to the CoolMPS technology in most markets and importantly the key personnel of Complete Genomics such as founder Rade Drmanac. Complete Genomics will remain the branding for Swiss Rockets' genomics business. So the question arises, will this be a deal which fixes Complete's issues in a manner as solid as a nice hunk of Gruyère, or will it be as full of holes as a delicious wedge of Emmental?