19.04.2016, 02:41
Hardman & Co issues research report on Premaitha Health plc
OREANDA-NEWS. April 19, 2016. IONA™ - Up, running and available on the NHS: Premaitha uses the latest advances in DNA sequencing technology for non-invasive prenatal screening tests. IONA estimates the risk that a fetus has any of Down's, Edwards' or Patau's syndromes caused by a genetic abnormality.
Although IONA is entering a competitive and litigious market, it has some advantages, is CE Marked and is the first to win a UK NHS contract. Premaitha is subject to distracting IP infringement claims but 1H'16 results showed early signs of commercial traction which are expected to accelerate herein.
Also, Premaitha has signed a strategically important partnership with Thermo Fisher which adds considerable credibility.
Although IONA is entering a competitive and litigious market, it has some advantages, is CE Marked and is the first to win a UK NHS contract. Premaitha is subject to distracting IP infringement claims but 1H'16 results showed early signs of commercial traction which are expected to accelerate herein.
Also, Premaitha has signed a strategically important partnership with Thermo Fisher which adds considerable credibility.
Please click here for the full report:
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