RE: International revenues up 70% year-on-year at YGEN27 Apr 2023 08:36
Strategic initiatives in short!
1. Taiwan not progressing but not dead?
2. We over stretcher and have reigned in our CEO and his staffing growth plan!
3. Concentrating on keeping the lights on with core business from now on!
Negotiations relating to the potential divestment of the Taiwanese laboratory are progressing as expected; further updates will be provided in due course, as appropriate. Following the equity fundraise, the Board's immediate focus has been on the internal reshaping of Yourgene's business. Whilst the relationship with the potential strategic partner at the time of the fundraising remains strong, the Board is mindful of pursuing any further dilutive initiatives and it is therefore unlikely that such an investment will take place in the near-term