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Prenetics Acquires Act Genomics, Creating A Leader In Comprehensive Cancer Genetics And Precision Oncology

PUBLIC · PREDec 16, 2022

Acquiring Company

Prenetics

Acquired Company

ACT Genomics

BiotechnologyHealth CareMedicalGeneticsHealth DiagnosticsBiotechnologyHealth CareArtificial IntelligenceMedicalGenetics

Description

Prenetics Global Limited (NASDAQ: PRE), a leader in genomic and diagnostic testing, today announced that it is acquiring a majority stake in ACT Genomics Holdings Company Limited (“ACT”), an Asia based genomics company specializing in precision oncology with operations in Hong Kong, Taiwan, Japan, Singapore, Thailand and in the UK.

Quick answer

Prenetics is acquiring ACT Genomics, announced December 16, 2022.

How much did Prenetics pay for ACT Genomics?
The deal value was not disclosed.
What does Prenetics do?
Founded in 2014, Prenetics is a major global diagnostic and genetic testing company with the mission to bring health closer to millions of people globally and decentralize healthcare by making the three pillars —..

Source: Fundz verified event record.

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Company Information

Company

Prenetics

About

Founded in 2014, Prenetics is a major global diagnostic and genetic testing company with the mission to bring health closer to millions of people globally and decentralize healthcare by making the three pillars — Consumer Health, Clinical Care and Medical & Cancer Genomics — comprehensive and accessible to anyone, at anytime and anywhere. Prenetics is led by visionary entrepreneur, Danny Yeung, with operations across nine locations, including The United Kingdom, Hong Kong, India, South Africa, and Southeast Asia. Prenetics develops consumer genetic testing and early colorectal cancer screening and provides COVID-19 testing, rapid point of care and at-home diagnostic testing and medical genetic testing. Prenetics is listed on NASDAQ with the ticker PRE. To learn more about Prenetics, visit www.prenetics.com.

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Frequently asked

Who acquired ACT Genomics?

ACT Genomics was acquired by Prenetics. The deal was reported on December 16, 2022. Prenetics is publicly traded (PRE) and operates in Biotechnology.

When did Prenetics acquire ACT Genomics?

Prenetics's acquisition of ACT Genomics was reported on December 16, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ACT Genomics do?

ACT Genomics is an innovation-driven cancer solution provider with offices in Taipei, Hong Kong, Singapore, Tokyo, Bangkok and UK. It is privately held, operating in Biotechnology.

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