REG - Yourgene Health PLC - Five-year contract extension with Illumina

Yourgene HealthAnnouncement

26/07/2023 07:00

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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 (mailto: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
                                                    (mailto: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®
Technology offers next generation size selection with a range of sample
preparation platforms for dynamic target enrichment. Ranger® 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/
(https://yourgenehealth.com/) and follow us on twitter @Yourgene_Health.

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