Stocks monitoring (September 10, 2020)

Fastly and Google Cloud

Fastly, Inc. (FSLY) Offers First Partner Edge Cloud-Based Content Delivery Solution on Google Cloud Marketplace.

Under a single billing arrangement and using Google Cloud committed spend, Google Cloud customers can now purchase Fastly – the first partner edge cloud-based content delivery solution to be offered within the Google Cloud Marketplace – as a part of their modern tech stack.

Grail IPO

Ophir Gottlieb on Grail IPO on Twitter:

  • Looks like a strong competitor to NVTA.  
  • GRAIL is poised to detect cancer early by combining high-intensity sequencing of unprecedented depth with the techniques of modern data science. Genomic medicine, GRAIL is creating vast datasets to develop evidence supporting our products

Bill Gates and Jeff Bezos-backed cancer detection company Grail, led by ex-Juno CEO, files for IPO.

  • Bill Gates and Jeff Bezos-backed cancer detection company Grail, led by ex-Juno CEO, files for IPO
  • Grail does not have revenue or a commercially-available product. That reflects the traditional life cycle of biotech companies, which commonly invest in research and development for years before bringing products to market. It reported a $136.4 million loss in the first half of this year, up from $117.2 million a year ago.
  • In its IPO filing, Grail said its multi-cancer early detection test, Galleri, will commercially launch in 2021 as a laboratory-developed test. It said the test “can lead to a dramatic increase in early cancer diagnosis.”

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