Yourgene Health PLC Five-year contract extension with Illumina (1676H)
26 Julio 2023 - 1:00AM
UK Regulatory
TIDMYGEN
RNS Number : 1676H
Yourgene Health PLC
26 July 2023
Yourgene Health plc
("Yourgene", the "Group" or the "Company")
Five-year contract extension with Illumina
Manchester , UK - 26 July 2023: Yourgene (AIM: YGEN), a leading
international molecular diagnostic group, announces that it has
signed a five-year contract extension with Illumina Inc.
("Illumina"). The contract is a restated licence and supply
agreement for Yourgene's sequencing based NIPT IVD products, which
will now run until September 2028.
The restated licence provides seamless continuity for existing
customers and allows Yourgene to continue its product development
roadmaps for NIPT and other future applications in the field of
precision medicine, as the Company looks to further penetrate key
international markets such as Americas, UK, Europe and
Australia.
Lyn Rees, Chief Executive Officer of Yourgene, commented: "We
are delighted to continue our partnership with Illumina following a
successful five years of working together to date. This provides us
with a good opportunity to further develop exciting market
opportunities in NIPT across many key markets ."
The Directors of the Company take responsibility for this
announcement.
Yourgene Health plc Tel: +44 (0)161 669 8122
Lyn Rees, Chief Executive Officer investors@yourgenehealth.com
Joanne Cross, Director of Marketing
Cairn Financial Advisers LLP (NOMAD) Tel: +44 (0)20 7213 0880
Liam Murray / Ludovico Lazzaretti
Singer Capital Markets (Corporate Broker) Tel: +44 (0)20 7496 3000
Aubrey Powell / Tom Salvesen / George Tzimas
Walbrook PR Ltd (Media and Investor Relations) Tel: +44 (0)20 7933 8780 or yourgene@walbrookpr.com
Paul McManus / Alice Woodings / Lianne Applegarth Mob: 07980 541 893 / 07407 804 654
/ 07584 391 303
About Yourgene Health
Yourgene Health is an international integrated technologies and
services business, enabling the delivery of genomic medicine. The
Group works in partnership with global leaders in DNA technology to
advance diagnostic science.
Yourgene primarily develops, manufactures, and commercialises
simple and accurate molecular diagnostic and screening solutions,
for reproductive health and precision medicine. The Group's
portfolio of in vitro diagnostic products includes non-invasive
prenatal tests (NIPT) for Down's Syndrome and other genetic
disorders, Cystic Fibrosis screening tests, invasive rapid
aneuploidy tests and DPYD genotyping assays.
Building on our expertise in genomic technology, Yourgene's
Ranger(R) Technology offers next generation size selection with a
range of sample preparation platforms for dynamic target
enrichment. Ranger(R) Technology can be utilised to improve
workflows and performance in multiple applications including NIPT,
oncology, infectious disease testing and gene synthesis.
Yourgene Genomic Services offers a clinical service from UK and
Taiwan focusing on precision medicine and reproductive health,
including NIPT.
Yourgene Health is headquartered in Manchester, UK with offices
in Taipei (divestment pending), Singapore, the US and Canada, and
is listed on the London Stock Exchange's AIM market under the
ticker "YGEN".
For more information visit https://yourgenehealth.com/ and
follow us on twitter @Yourgene_Health.
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END
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