12.7 C
London
Thursday, October 16, 2025
HomeFinTechGenetic Technologies: Acquires EasyDNA for $5.4M

Genetic Technologies: Acquires EasyDNA for $5.4M

Related stories

OCC Approves New Bank Aimed at Boosting Innovation Economy

A significant step towards fostering innovation through a new...

WealthTech Clove Emerges from Stealth with $14 Million in Funding

Revolutionizing Wealth Management through Innovative Technology SolutionsHighlights: Clove has...

Coinbase Expands Its Footprint by Investing in India’s CoinDCX

A Strategic Move into the Expanding Cryptocurrency Market in...

BoE to Prioritize AI, DLT, and Quantum Computing in Tech Strategy

Exploring the Future of Financial Technology Governance and InnovationHighlights:...

BoE Prioritizes AI, DLT, and Quantum Computing in Tech Strategy

Exploring the Future of Financial Technology at the Bank...

Genetic Technologies Acquires EasyDNA for $5.4M

  • Genetic Technologies (GTG) acquires EasyDNA for around $5.4 million in cash and scrip
  • Under the contract, GTG obtains all of Belhealth’s websites, lab testing and distribution agreements associated with its EasyDNA business
  • EasyDNA sells paternity, oncology and health genomics-based laboratory tests, with agreements across 12 labs in North America, Europe and Asia
  • GTG says it will onboard the existing EasyDNA team, retaining the skills of all employees based in Malta and Australia
  • The company says the acquisition will provide it with the foundation to grow its portfolio of serious disease tests across well-established websites in 40 countries
  • The company closed flat at 0.8 cents per share

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img