Yourgene Health PLC Further National Microbiology Framework contract (9199V)
April 19 2021 - 07:21AM
UK Regulatory
TIDMYGEN
RNS Number : 9199V
Yourgene Health PLC
19 April 2021
Yourgene Health plc
("Yourgene" or the "Group" or the "Company")
Further National Microbiology Framework contract award
Successful tender under Lot 4 ( Clinical Laboratory Diagnostic
Testing Services ) valued at GBP15bn
Manchester, UK - 19 April 2021: Yourgene (AIM: YGEN), the
international molecular diagnostics group, announces that Public
Health England ("PHE") has confirmed that Yourgene has been
successful with its tender under PHE's National Microbiology
Framework for Lot 4 (Clinical Laboratory Diagnostic Testing
Services).
Lot 4 is a GBP15bn Framework to be satisfied over a period of
four years by multiple successful bidders, with only 50 companies
appointed to this lot.
PHE's National Microbiology Framework is appointing suppliers to
framework agreements for four lots. Awards under Lot 1 and Lot 4
have been announced and cover the supply of Diagnostics Goods and
Services, including Clinical Laboratory Diagnostic Testing
Services. Yourgene announced earlier today that it had been
successful with its tender for Lot 1 (Diagnostic Goods and
Services) .
Yourgene will be able to offer its Clarigene (R) SARS-CoV-2 PCR
assay and associated Manchester-based clinical laboratory testing
services under the Framework Agreement .
Whilst the Framework Agreement is not exclusive to Yourgene, or
a guarantee of orders, it does allow participating public health
authorities across the UK to issue call-off contracts to procure
goods and testing services from Yourgene, amongst other providers,
going forward.
Lyn Rees, CEO of Yourgene commented:
"We are delighted with the further successful tender award under
Lot 4 of the Microbiology Framework. This reinforces the reputation
of our accredited lab based COVID testing services and we look
forward to updating shareholders should we secure future call-off
contracts under this framework agreement."
This announcement contains inside information for the purposes
of UK Market Abuse Regulation. 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@yourgene-health.com
Barry Hextall, Chief Financial Officer
Joanne Cross, Director of Marketing
Cairn Financial Advisers LLP (NOMAD) Tel: +44 (0)20 7213 0880
Liam Murray / James Caithie / Ludovico
Lazzaretti
N+1 Singer (Joint Corporate Broker) Tel: +44 (0)20 7496 3000
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 Cawthorne 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's 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.
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