321 Hearing15 Mar 2018 13:35
Somehow got confused by this statement by Adam Reynaulds.
AGM Statement
Tue, 24th Oct 2017 07:00
RNS Number : 3931U
Premaitha Health PLC
24 October 2017
Premaitha Health PLC
("Premaitha" or the "Company" or the "Group")
AGM Statement
Manchester, UK - 24 October 2017: Premaitha Health PLC (AIM: NIPT), a leading international molecular diagnostics group focused on non-invasive prenatal testing ("NIPT"), will be holding its Annual General Meeting at 2:00 p.m. today.
At the meeting, Adam Reynolds, Non-executive Chairman, will make the following statement:
"I am pleased to chair Premaitha's 2017 annual general meeting. As I stated in our recent results update, I am delighted with the commercial progress made in the financial year ended 31 March 2017, as well as in the first half of the current financial year. Following the acquisition of Yourgene Bioscience, which completed in March 2017, the enlarged Group is growing revenues, increasing test volumes and developing expanded capabilities across a much broader geographic area. Our recent Middle East update further demonstrated our ability to secure business in territories where technical excellence and customer focus are paramount to gaining competitive advantage, and we have a strong pipeline of similar opportunities.
"The UK litigation continues to be a distraction, with an initial ruling anticipated before the end of the year. In the meantime, we will continue to pursue our strategy of geographic and product diversification, coupled with a sharp focus on achieving profitability within the current financial year. We believe this strategy will ensure that, whatever the outcome of the UK disputes, Premaitha is a business that will succeed in the rapidly expanding global market for NIPT and clinical genetic testing."