Yourgene Health PLC Accelerator Phase Launch for Microdeletions Plugin
May 24 2022 - 1:02AM
RNS Non-Regulatory
TIDMYGEN
Yourgene Health PLC
24 May 2022
Yourgene Health plc
("Yourgene" or the "Company")
Launch of the Accelerator Phase for Microdeletions Plugin
Expanding the clinical menu and capabilities of IONA(R) Nx NIPT
Workflow offering
Manchester, UK - 24 May 2022: Yourgene (AIM: YGEN), a leading
international molecular diagnostics group, announces the launch of
Yourgene's Accelerator Phase for its Microdeletions(1) Plugin (the
"Plugin"), which expands on the clinical menu and capabilities of
the class leading IONA(R) Nx NIPT Workflow offering.
This Accelerator Phase follows a successful pilot project with a
key partner and IONA(R) Nx lab customer, LifeStrands Genomics, a
leading clinical and translational genomics group based in
Singapore. This Accelerator Phase allows the Company to collaborate
with new laboratory partners or existing customers, and is
anticipated to run until later this year.
The analysis Plugin has been designed for use with the IONA(R)
Nx NIPT Workflow and is compatible within Yourgene's wider NIPT
testing portfolio, broadening the Company's offering. The Plugin
tests for microdeletions >=3Mb in size, that are linked to a
number of chromosomal syndromes including Di George, Prader Willi
& Angelman, 1p36 deletion, Cri du Chat and Wolf Hirschhorn
syndromes.
The IONA(R) Nx NIPT Workflow is an in vitro nucleic acid
screening test that measures the likelihood that a pregnant woman
is carrying a fetus with Trisomy 13, 18 or 21, as well as optional
additional chromosomal abnormalities. It is a laboratory-based test
that has been developed to run on the Illumina's NextSeq 550Dx
instrument, a next generation sequencing platform.
Lyn Rees, CEO of Yourgene Health said: " We are proud of the
Microdeletions Plugin as it builds on the advanced proprietary
technology used to develop IONA(R) Nx and provides an expanded
offering enabling a more competitive NIPT solution for our global
laboratory customers. Yourgene is now one of a small group of NIPT
providers who include microdeletions in the workflow. We are also
pleased to launch this Accelerator Phase as we look to work with
more laboratory partners in the NIPT space. This represents a new
era in Yourgene's approach delivery of NIPT testing solutions, with
a focus on 'Collaboration to Perform' reflecting our focus on
personalised healthcare."
(1) - A microdeletion is an abnormality that occurs when a piece of a chromosome is missing
Yourgene Health plc Tel: +44 (0)161 669 8122
Lyn Rees, Chief Executive Officer investors@yourgene-health.com
Barry Hextall, Chief Financial Officer
Joanne Cross, Director of Marketing
Singer Capital Markets (Joint Corporate Tel: +44 (0)20 7496 3000
Broker)
Aubrey Powell / Tom Salvesen / George
Tzimas
Stifel Nicolaus Europe Limited (Joint Tel: +44 (0)20 7710 7600
Corporate Broker)
Nicholas Moore / Matthew Blawat / Ben
Maddison
Walbrook PR Ltd (Media and Investor Tel: +44 (0)20 7933 8780 or yourgene@walbrookpr.com
Relations)
Paul McManus / Lianne Applegarth Mob: 07980 541 893 / Mob: 07584 391
303
About Yourgene Health
Yourgene Health is an international molecular diagnostics group
which develops and commercialises genetic products and services.
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 solutions, for
reproductive health, precision medicine and now infectious
diseases. The Group's flagship products include non-invasive
prenatal tests (NIPT) for Down Syndrome and other genetic
disorders, Cystic Fibrosis screening tests, invasive rapid
aneuploidy tests, and a recent extension into the oncology space
with DPYD genotyping.
The launch of Yourgene Genomic Services has enabled Yourgene to
offer a global laboratory service network equipped to be a full
life-cycle partner for clinical, research and pharmaceutical
organisations to support partners at the preclinical, clinical, and
post-market stages to develop, manufacture, obtain regulatory
approval and commercialise new products and services. In addition,
Yourgene Genomic Services offers an NIPT and high throughput COVID
testing service.
In August 2020, Yourgene acquired Coastal Genomics, Inc., a
sample preparation technology company based in Vancouver, Canada,
enabling the Company to extend its offering and IP portfolio in the
DNA sample preparation sector. The acquisition increased Yourgene's
geographical penetration into the US and Canada, supplementing
existing coverage in the UK, Europe, MEA and Asia.
Yourgene Health is headquartered in Manchester, UK with offices
in Taipei, Singapore, the US and Canada, and is listed on the
London Stock Exchange's AIM market under the ticker "YGEN". For
more information visit www.yourgene-health.com and follow us on
twitter @Yourgene_Health.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRAEAPSDAAXAEFA
(END) Dow Jones Newswires
May 24, 2022 02:02 ET (06:02 GMT)
Premaitha (LSE:NIPT)
Historical Stock Chart
From Oct 2024 to Nov 2024
Premaitha (LSE:NIPT)
Historical Stock Chart
From Nov 2023 to Nov 2024