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Stock impact report

GENE to develop Worlds Most Advanced Comprehensive Risk Test Revolutionising Personalised Healthcare [Yahoo! Finance]

Genetic Technologies Ltd - American Depositary Shares (GENE) 
US:NASDAQ Investor Relations: gtgcorporate.com/investor-centre
Company Research Source: Yahoo! Finance
guideline-driven genomics-based testing in health, wellness and serious diseases, is pleased to announce the development of the Company's most advanced risk assessment test for serious diseases, building on the success of the Comprehensive Hereditary Breast and Ovarian Cancer (HBOC) test. GeneType's latest innovation will be a world first; including over 200 high penetrant genes to unlock the hereditary disease risk to its current multi-test associated with the most common cancers, cardiovascular disease, and type 2 diabetes. This ground-breaking innovation enables doctors to identify nearly 100% of people at risk of disease going beyond family history, which is only responsible for 5-15%. Importantly the test includes sporadic non-hereditary disease which is linked to the remaining 85% of people. This population wide test will identify patients at risk of serious disease in nearly 70% of annual mortalities and morbidities and remains a simple non-invasive sample. GeneType is Show less Read more
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