Yourgene Health PLC Opening of new Yourgene Health Canada facilities
January 19 2022 - 2:00AM
RNS Non-Regulatory
TIDMYGEN
Yourgene Health PLC
19 January 2022
Yourgene Health plc
("Yourgene" or the "Company")
Opening of new Yourgene Health Canada Inc. facilities
Supporting future growth for Ranger (R) Technology
Manchester, UK - 19 January 2022: Yourgene (AIM: YGEN), the
international molecular diagnostics group, announces that Yourgene
Health Canada Inc. will launch its new expanded facilities at 702 -
1515 Broadway Street, Port Coquitlam, Vancouver, BC V3C 6M2, today
from 12:30 (PST).
The opening will be led by Mayor Brad West, Mayor of Port
Coquitlam and will include a tour of the facilities followed by
speeches and a lunch for those in attendance. The new facilities
are four times the square footage of the former location and will
be well suited for the expected growth in the Company's instrument
manufacturing and consumable shipping requirements. Yourgene took
over the facilities in December 2021 following an increased
headcount by 120% over 2021 and the Company is currently involved
in a hiring plan that will add another six team members by April
2022.
Coastal Genomics Inc. has been renamed Yourgene Health Canada
Inc. following the acquisition in August 2020, to further integrate
Coastal Genomics into the larger Yourgene Health group of
companies.
Lyn Rees, Chief Executive Officer, commented: 'We are delighted
to be in our new facilities, which will truly support the scale up
of manufacturing of our Ranger(R) Technology platforms, reagents
and consumables to support our growing global customer base."
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
Singer Capital Markets (Joint Corporate Tel: +44 (0)20 7496 3000
Broker)
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 / Alice Woodings Mob: 07980 541 893 / 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
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.
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