SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This prospectus supplement and the accompanying prospectus, as well as the documents we have filed with the SEC that are incorporated by reference in this prospectus supplement, contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements relate to, among other matters, future growth, expansion and other expectations regarding future operations plans and financial performance, expectations plans for product development and licensing to third parties, expectations regarding market penetration, anticipated customer conversions to our products, plans to expand in the international markets, and identification and development of potential antibody candidates, and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, performance, or achievements to be materially different from any future results, performances, or achievements expressed or implied by the forward-looking statements. All statements other than statements of historical facts contained in this prospectus supplement, including statements regarding our future results of operations and financial condition, business strategy, and plans and objectives of management for future operations, are forward-looking statements. In some cases, forward-looking statements may be identified by words such as “anticipate,” “believe,” “continue,” “could,” “design,” “estimate,” “expect,” “intend,” “may,” “plan,” “potentially,” “predict,” “project,” “should,” “will,” or the negative of these terms or other similar expressions.
We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are subject to a number of known and unknown risks, uncertainties, and assumptions, including risks described in the section titled “Risk Factors” and elsewhere in this prospectus supplement and in our most recent Annual Report on Form 10-K, as updated by our subsequent Quarterly Reports on Form 10-Q and other filings we make with the SEC, which are incorporated by reference into this prospectus supplement in their entirety, together with other information in this prospectus supplement and the accompanying prospectus and the documents incorporated by reference. These factors include, among other things:
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our ability to increase our revenue and our revenue growth rate;
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our ability to accurately estimate capital requirements and our needs for additional financing;
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our estimates of the size of our market opportunities;
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our ability to increase DNA production, reduce turnaround times and drive cost reductions for our customers;
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our ability to effectively manage our growth and maintain and improve operational efficiency, cost control, and gross margin as we scale;
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our ability to successfully enter new markets and manage our international expansion;
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our ability to comply with evolving international regulatory requirements, including those in the European Union and other key markets;
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our ability to develop and commercialize additional products in the synthetic biology, biologic drug industries, including our portfolio of Express products;
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our ability to leverage our investment in our manufacturing facility in Wilsonville, Oregon;
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our ability to protect our intellectual property, including our proprietary DNA synthesis platform;
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costs associated with defending intellectual property infringement and other claims;
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the effects of increased competition in our business;
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our ability to keep pace with changes in technology and evolving competitive dynamics;
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our ability to integrate and leverage artificial intelligence and machine learning technologies to improve operational efficiency, product development, and customer solutions;