EasyDNA expands Indian and European markets; launching NIPT, Carrier testing and DNA storage
05 Juillet 2022 - 2:00PM
Genetic Technologies Limited (ASX: GTG; NASDAQ: GENE, “Company”,
“GENE”), a global leader in genomics-based tests in health,
wellness and serious disease is delighted to announce the Company’s
recently acquired, EasyDNA, has embarked on a significant expansion
in both its test portfolio and geographical reach.
Highlights:
- Carrier Testing
and Non-Invasive Prenatal Tests (NIPT) available to our European
market
- India team has
partnered with stud farms to identify equine chain of custody
- Launched DNA
storage facility in NATA1 and CLIA2 certified laboratory
EasyDNA has expanded the availability on its
websites of Carrier Testing and Non-Invasive Prenatal Tests (NIPT)
into Europe, the second biggest healthcare market in the world.
Demand in this region for more informed choices regarding fertility
and pregnancy is providing a strong foundation for the Company’s
portfolio which includes pre-conception and prenatal testing.
EasyDNA India has partnered with a number of
stud farms providing reliable, independent and comprehensive chain
of custody for equine paternity testing which includes storage of
profile data. EasyDNA has received initial samples and commenced
testing, with results to be featured in Indian Stud Book3. Horse
racing and associated stud farming is a significant business in the
world’s second largest population enabling EasyDNA to leverage the
Company’s existing paternity infrastructure.
EasyDNA has recently launched the capability to
store DNA in the Company’s NATA approved facility. According to
Forensic Science Review, Nucleic acid sample storage is of
paramount importance in forensic science as well as in
epidemiological, clinical, and genetic laboratories. EasyDNA is
offering a “best in class” solution to store DNA samples for up to
15 years, including with complete chain of custody, enabling future
legal testing.
GENE’s CEO, Simon Morriss said “These
incremental growth initiatives being undertaken by the EasyDNA team
are exciting and expand the Company’s direct-to-consumer offering
to new markets and channels ensuring GENE’s continuous revenue
growth.”
1 National Association of Testing Authorities, Australia (NATA)2
Clinical Laboratory Improvement Amendments (CLIA) - Regulates
laboratory testing and require clinical laboratories to be
certified by the Center for Medicare and Medicaid Services (CMS)3
Indian Stud Book http://indianstudbook.com/publications.php
About Genetic Technologies
LimitedGenetic Technologies Limited (ASX: GTG; Nasdaq:
GENE) is a diversified molecular diagnostics company. A global
leader in genomics-based tests in health, wellness and serious
disease through its geneType and EasyDNA brands. GENE offers cancer
predictive testing and assessment tools to help physicians to
improve health outcomes for people around the world. The company’s
Polygenic Risk Scores (PRS) platform is a proprietary risk
stratification platform developed over the past decade integrating
clinical and genetic risk delivering actionable outcomes from
physicians and individuals. Leading the world in risk prediction in
Oncology, Cardiovascular and Metabolic diseases. Genetic
Technologies continues to develop a pipeline of risk assessment
products. For more information, please visit www.genetype.com
Enquiries
Investor Relations
Justin Foord
Market Eye
M: +61 402 600 691
E: justin.foord@marketeye.com.au
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