The company procures reagents, equipment, chips/cards, and other materials used for testing from sole suppliers, including ThermoFisher Scientific, Inc., Promega, and Qiagen, Inc. Some of these items are unique to these suppliers. Although the company has developed alternate sourcing strategies, it cannot guarantee their effectiveness or the availability of substitutes. Failure by these suppliers to provide materials meeting quality specifications or the unavailability of substitutes could negatively impact the business.
Castle Biosciences Inc's Comment on Supply Chain
The company procures reagents, equipment, chips/cards, and other materials used for testing from sole suppliers, including ThermoFisher Scientific, Inc., Promega, and Qiagen, Inc. Some of these items are unique to these suppliers. Although the company has developed alternate sourcing strategies, it cannot guarantee their effectiveness or the availability of substitutes. Failure by these suppliers to provide materials meeting quality specifications or the unavailability of substitutes could negatively impact the business.
Sources:
Castle Biosciences Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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