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Name | Symbol | Market | Type |
---|---|---|---|
Genetic Technologies Ltd | NASDAQ:GENE | NASDAQ | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.1254 | 5.56% | 2.38 | 2.20 | 2.45 | 2.49 | 2.275 | 2.49 | 34,685 | 23:32:09 |
Genetic Technologies Chairman and CEO, Dr Paul Kasian has made the following comments: “Blockchain technology has provided a quantum leap in the opportunity for creation, collection, management, and most importantly the security of data with specific application in the biomedical space.”
“GTG is excited by the opportunity to enter into a JV with BTC. The new entity, Blockshine Health, will leverage off GTG's biotech experience as well as BTC’s extensive development capabilities in the blockchain space with over 150 employees focussing on leading edge technological development.”
“GTG has demonstrated its ability to commercialise R&D from concept to sales into the biggest healthcare market in the world and we see Blockshine Health as the perfect vehicle to cement a leading brand in the blockchain healthcare space.”
Layla Dong, Founder and CEO of Blockshine Technology Corporation said, “Blockshine Technology always puts the application of blockchain technology in the first place, and only when the technology truly serves the real economy, can the benefits of technological progress be shared with more people. Blockshine Health aims to advance the application of blockchain technology in the medical field and promote more high-quality blockchain projects in the future.”
FOR FURTHER INFORMATION PLEASE CONTACT
Dr Paul KasianDirector & Interim CEOGenetic Technologies Limited+ 61 3 8412 7000 | Jason Wong (USA)Blueprint Life Science Group+1 (415) 375 3340, Ext. 4 | |
About Genetic Technologies LimitedGenetic Technologies is a diversified molecular diagnostics company embracing blockchain technologies across genomic testing platforms. GTG offers cancer predictive testing and assessment tools to help physicians proactively manage patient health. The Company’s lead product, BREVAGenplus®, is a clinically validated risk assessment test for non-hereditary breast cancer and is first in its class. For more information, please visit www.brevagenplus.com and www.phenogensciences.com.
Genetic Technologies is developing a pipeline of risk assessment products including a novel colorectal cancer (CRC) test. For more information, please visit www.gtgcorporate.com
Safe Harbor StatementAny statements in this press release that relate to the Company's expectations are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees. Since this information may involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. Additional risks associated with Genetic Technologies' business can be found in its periodic filings with the SEC.
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1 Month Genetic Technologies Chart |
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