MGI(SH:688114) Zheng Quan Ri Bao Zhi Sheng·2025-10-28 13:44Core Insights - Shenzhen BGI Genomics Co., Ltd. has entered into a licensing agreement with Swiss biotechnology company SwissRocketsAG for the CoolMPS sequencing technology, marking a significant step in the internationalization of Chinese life science instruments [1][2] - The agreement will generate a minimum of $120 million in licensing fees for BGI, including a non-refundable upfront payment of $20 million and milestone payments of $20 million, along with a tiered royalty based on net sales of licensed products [1][2] Company Developments - BGI's third-quarter report for 2025 shows a revenue of 755 million yuan, a year-on-year increase of 14.45%, and a successful turnaround to profitability [2] - The company has established a global presence, covering over 110 countries and serving more than 3,560 users as of June 30, 2025 [2] - The collaboration with SwissRockets is expected to enhance BGI's international competitiveness and provide a sustainable global path for technology licensing and revenue sharing [2]