Krsnaa Diagnostics – what is the diagnosis?

I am not a very experienced investor. And I am pretty new to this company. So please share your thoughts

The below line from Concall caught my attention.

We are happy to announce the launch of its new Genexus system, the first fully integrated Ion Torrent NGS platform in PPP model and offers a fully automated specimen to report workflow with unparalleled turnaround time. The Genexus system sets a new standard is NGS technology, and we are confident that it will have a significant impact on the molecular pathology community.

Blockquote

NGS stands for Next-generation sequencing
Molecular pathology – Molecular pathology seeks to apply gene expression against morphology and use gene expression analysis to validate large numbers of targets

Next generation sequencing (NGS) technology has revolutionized genomic and genetic research. The pace of change in this area is rapid with three major new sequencing platforms having been released in 2011: Ion Torrent’s PGM, Pacific Biosciences’ RS and the Illumina MiSeq.

Ion Torrent next-generation sequencing
Next-generation sequencing (NGS) utilizes massively parallel sequencing to generate thousands of megabases of sequence information per day, opening doors to new research studies that were once difficult to accomplish in a practical manner. Powered by semiconductor chips, Ion Torrent next-generation sequencing technology helps you implement a fast and simple workflow that scales to your research needs across multiple applications including inherited diseases, oncology, infectious diseases, reproductive genomics, human identification, agrigenomics and more.

Here is a blog from Dr Lalpathlabs – Next Generation Sequencing(NGS) in Cancer Diagnostics and Treatment (lalpathlabs.com)

So basically, Krsnaa seems to be adding capability of Genome sequencing which can help in Cancer diagnosis. Technology is from Thermofisher which is good. Such a capability would be difficult for smaller competitors to come up with.

The question is, is something like this demanded in the PPP contracts or is it some kind of moat that Krsnaa is building to ward off future competition. I couldnt find anything like that in my limited reading of the PPP bids. And will the babus writing those RFPs be even aware of such latest technology.

What do you people think.