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YGEN Yourgene Health Plc

0.515
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Yourgene Health Plc LSE:YGEN London Ordinary Share GB00BN31ZD89 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.515 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Yourgene Health PLC COVID-19 update (8543T)

29/03/2021 4:00pm

UK Regulatory


Yourgene Health (LSE:YGEN)
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TIDMYGEN

RNS Number : 8543T

Yourgene Health PLC

29 March 2021

Yourgene Health plc

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

COVID-19 update

Approved provider of day two and day eight coronavirus testing for international arrivals, for both PCR and sequencing

Manchester, UK - 29 March 2021: Yourgene (AIM: YGEN), the international molecular diagnostics group, announces that Yourgene Genomic Services COVID-19 testing services have been approved by the Department of Health and Social Care (DHSC). Yourgene has been added to the UK Government's approved list as a private provider of day two and day eight coronavirus testing for all international arrivals(1) for both SARS-CoV-2 PCR testing and SARS-CoV-2 genome sequencing testing services.

It was made mandatory from 15 February 2021 that international arrivals are required to self-isolate for 10 days on return to the UK and take a PCR test on day two and day eight of the passenger's quarantine period. If the test result is positive and meets the DHSC sequencing criteria, it requires sequencing in a lab for surveillance purposes to monitor Variants of Concern and Variants Under Investigation, with sequencing results reported directly back to Public Health England. Yourgene will provide the routine Clarigene SARS-CoV-2 PCR testing services and a new sequencing test being performed from Yourgene Genomic Services using ThermoFisher's Ion AmpliSeq(TM) SARS--CoV--2 Research Panel.

Yourgene Genomic Services can provide this COVID-19 testing service as it meets the DHSC's 15 minimum standards(2) and has been reviewed by UKAS, a national accreditation body recognised by the UK Government to assess against international agreed standards. As an experienced sequencing test laboratory, Yourgene will be able to offer the additional service now required by the UK Government to the Group's range of COVID-19 testing partners.

This follows on from the Company receiving confirmation that it had been added to the UK Government's approved COVID-19 private testing list for the 'Test to Release for International Travel' scheme introduced on 15 December 2020 ("Test to Release"), and also for general coronavirus testing which was also announced in December 2020.

Lyn Rees, CEO of Yourgene commented : " Receiving approval to be added to the Government's COVID-19 private provider list, for both PCR testing and our sequencing service, illustrates the high standard and service levels Yourgene has been providing under our Genomics Services offering. We are extremely pleased to be at the forefront of this development as travel begins to open up."

(1) - Providers of day 2 and day 8 coronavirus testing for international arrivals - GOV.UK (www.gov.uk)

(2) - Minimum standards for private-sector providers of COVID-19 testing for 'Test to Release for international travel' - GOV.UK (www.gov.uk)

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

UPDFLFSSVTIAFIL

(END) Dow Jones Newswires

March 29, 2021 11:00 ET (15:00 GMT)

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