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-0.00877192982456141 -0.0219298245614036 -0.0482456140350879 -0.12719298245614 -0.0745614035087719 -0.0745614035087719 0.0495614035087719 0.0438596491228069
Stock impact report

COVID-19 Testing Capacity at Genetic Technologies Accredited Laboratory

Genetic Technologies Ltd - American Depositary Shares (GENE) 
US:NASDAQ Investor Relations: gtgcorporate.com/investor-centre
Company Research Source: GlobeNewswire
MELBOURNE, Australia, April 17, 2020 (GLOBE NEWSWIRE) -- Genetic Technologies Limited (ASX: GTG; NASDAQ: GENE) (the “Company”) has developed a detailed implementation plan to enable a temporary transition of our genetic testing laboratory to a high-throughput COVID-19 testing laboratory, should it be required by Government agencies to assist with demand. Initial work to identify laboratory workflows, instrument modification, laboratory compliance for biologics and contaminated materials handling has commenced. Secure supply chain of test reagents has been confirmed. This COVID-19 testing implementation plan has been developed as a result of the Company’s expectation of an increase in demand for COVID-19 testing and is not based on any existing agreement to provide COVID-19 testing. The Company currently has clear capacity to provide additional testing services and the proposed transition of our genetic testing laboratory to a high-throughput COVID-19 testing laboratory will not Show less Read more
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