REG - Yourgene Health PLC - Dr John Brown CBE confirmed as Chairman

Yourgene HealthAnnouncement

27/07/2022 07:16

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RNS Number : 8387T  Yourgene Health PLC  27 July 2022

 

Yourgene Health plc

("Yourgene", the "Company" or the "Group")

 

Dr John Brown CBE confirmed as Chairman

 

Manchester, UK - 27 July 2022: Yourgene (AIM: YGEN), a leading international
molecular diagnostics group, confirms the appointment of Dr John Brown CBE as
Chairman to the Group with immediate effect.

 

Dr Brown's appointment as Chairman was announced on 26 April 2022 and was
expected to take effect at the Company's upcoming AGM in September 2022. He
has been a Non-executive Director and the Senior Independent Director of the
Company since he joined Yourgene's Board in July 2019, which has given him a
deep knowledge of the business and accelerated the transition process. As a
result, the Board is pleased to confirm his appointment ahead of schedule to
guide the business as it enters its next stage of growth and development. Adam
Reynolds will remain a Non-executive Director, as communicated in April and
this transition also takes place with immediate effect.

 

John has over 20 years' capital markets experience in the healthcare and life
sciences sector. He is currently Chairman of Calcivis Ltd and a NED of Skylark
Therapeutics Ltd. Until recently, he was Senior Independent Director of
Acacia Pharma and Chairman of the Cell and Gene Therapy Catapult.
Additionally, he has previous significant board experience with roles
including Chairman of Axis-Shield and BTG, Senior Non-executive Director of
Vectura and Chief Executive Officer of Acambis.

 

Adam Reynolds, Non-executive Director of the Company, said: "I am fully
supportive of John's appointment to succeed me as Chairman as Yourgene embarks
on the next phase of growth. John has over 20 years' capital markets
experience in the healthcare and life sciences sector and has significant
relevant Board experience. I look forward to working with John and the rest of
the Board as we strive to leverage these strong foundations and deliver the
shareholder returns we all desire."

 

Dr John Brown, Chairman of the Group (pictured), said: "Having been part of
Yourgene the past three years in the capacity of Non-Executive Director, I
have seen the Company diversify and grow and look forward to working with the
Board to execute on our strategic growth plan. I would like to take this
opportunity to thank Adam for his stewardship and invaluable contribution to
the Group over the past eight years."

 

 

 

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 (mailto: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

 Singer Capital Markets (Joint Corporate Broker)    Tel: +44 (0)20 7496 3000
 Aubrey Powell / Tom Salvesen / George Tzimas

 Stifel Nicolaus Europe Limited (Joint Corporate Broker)                                 Tel: +44 (0)20 7710 7600
 Nicholas Moore / Matthew Blawat / Ben Maddison

 Walbrook PR Ltd (Media and Investor Relations)     Tel: +44 (0)20 7933 8780 or yourgene@walbrookpr.com
 Paul McManus / Lianne Applegarth / Alice Woodings  Mob: 07980 541 893 / 07584 391 303 / 07407 804 654

 

 

About Yourgene Health

 

Yourgene Health is an international molecular diagnostics group which develops
integrated genomic technologies and services enabling precision 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 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-19 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 (http://www.yourgene-health.com/) and follow us on
twitter @Yourgene_Health.

 

 

Forward-Looking Statements

Certain statements made in this announcement are forward-looking statements.
These forward-looking statements are not historical facts but rather are based
on the Company's current expectations, estimates, and projections about its
industry; its beliefs; and assumptions. Words such as 'anticipates,'
'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar
expressions are intended to identify forward-looking statements. These
statements are not guarantees of future performance and are subject to known
and unknown risks, uncertainties, and other factors, some of which are beyond
the Company's control, are difficult to predict, and could cause actual
results to differ materially from those expressed or forecasted in the
forward-looking statements. The Company cautions security holders and
prospective security holders not to place undue reliance on these
forward-looking statements, which reflect the view of the Company only as of
the date of this announcement. The forward-looking statements made in this
announcement relate only to events as of the date on which the statements are
made. The Company will not undertake any obligation to release publicly any
revisions or updates to these forward-looking statements to reflect events,
circumstances, or unanticipated events occurring after the date of this
announcement except as required by law or by any appropriate regulatory
authority.

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