Genetic Technologies Expands Paternity Testing Services into China.Perth, Australia, June 16, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Genetic Technologies Limited (ASX ASX See: Australian Stock Exchange : GTG (chat) gtg - Got to go. The user is about to stop chatting. )(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : GENE) is pleased to announce that it has entered into an agreement with DNA DNA: see nucleic acid. DNA or deoxyribonucleic acid One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes. Bioservices Pty. Ltd. to provide paternity testing services to China. Under the agreement, DNA Bioservices will be responsible for the marketing and development of a Hong Kong based paternity business. GTG's Melbourne based laboratory will provide the paternity testing analysis for DNA Bioservices. While the business will be physically based in Hong Kong, the services will be marketed extensively throughout China. GTG is Australia's leading provider of paternity testing and is fully NATA NATA National Athletic Trainers' Association NATA National Association of Testing Authorities (Australia) NATA National Air Transportation Association (Alexandria, VA, USA) accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. . In commenting on the expansion, General Manager of DNA Profiling at GTG, Mr. Ian Smith stated: "As one of the earliest providers of paternity tests in Australia, GTG has developed a testing service that is highly accurate and cost efficient, with superior turn around times. This provides an excellent base for expansion into Asia where, despite considerable demand for paternity testing, current government owned laboratories are unable to match GTG's high standard of service." Gary Miller, Managing Director of DNA Bioservices, stated: "We regard Asia as a significant market for paternity testing services. Importantly, the Chinese use the internet extensively, which in other markets has become a key source of paternity test referrals. DNA Bioservices has already developed internet marketing strategies that have seen its testing volumes expand rapidly in other parts of the world. We are confident that when coupled with the excellent quality of paternity testing services provided by GTG, DNA Bioservices can rapidly become a leading provider of paternity testing to the Chinese market." AUDIO WEBCAST: For a recent Audio Webcast "Deciphering the Lingo" Biotechs Forum; Dr Mervyn Jacobson, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. please visit: http://acnnewswire.net/press/en/32128/GENETIC-TECHNOLOGIES-LIMITED.html About Genetic Technologies Genetic Technologies was an early pioneer in recognizing important new applications for "non-coding" DNA (DeoxyriboNucleic Acid). The Company has since been granted patents in 24 countries around the world, securing intellectual property rights for particular uses of non-coding DNA in genetic analysis and gene mapping across all genes in all multicellular mul·ti·cel·lu·lar adj. Having or consisting of many cells. mul ti·cel species. Its three-pronged business strategy includes:
1) the global commercialization of its patents through an active
licensing program; 2) the expansion of its dominant commercial genetic
testing business in Australia; and, 3) the commercialization of its
various research and development projects aimed at generating further
intellectual property of global commercial significance.Source: Genetic Technologies Contact: Mr. Geoffrey Newing Group General Manager - Business Development Genetic Technologies Limited (ABN 17 009 212 328) Phone: +61 3 9415 1135 Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
|
||||||||||||||||

ti·cel
Printer friendly
Cite/link
Email
Feedback
Reader Opinion