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Stock impact report

Genetic Technologies Expands Operational Capacity in North America

Genetic Technologies Ltd - American Depositary Shares (GENE) 
US:NASDAQ Investor Relations: gtgcorporate.com/investor-centre
Company Research Source: GlobeNewswire
CHARLOTTE, N.C., June 18, 2024 (GLOBE NEWSWIRE) -- Genetic Technologies Limited (ASX: GTG; NASDAQ: GENE, “Company”, “GTG”), a global leader in genomics-based tests in health, wellness and serious disease, today announces the start of testing operations in the United States for its revolutionary geneType™ genetic risk assessment product series. GeneType’s multi-patented, clinically validated tests will now be performed by Gene by Gene, a premier specialty genetic laboratory based in Houston, Texas, a state-of-the-art, highly accredited laboratory (CLIA, CAP, AABB and CDPH licensed). Gene by Gene’s ability to process up to 25,000 tests per month greatly increases geneType’s operational capacity in North America. The lab’s location in central US will also shorten the turn-around time for samples sent in from North America. Together with the company’s recent distribution agreement with health and wellness technology leader Stay Healthy, Inc. (“Stayhealthy”), geneType is poised for expo Show less Read more
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