Insider Business NIPD Genetics announces strategic partnership with Medicover, a leading international healthcare company

NIPD Genetics announces strategic partnership with Medicover, a leading international healthcare company

NIPD Genetics and Medicover has signed an agreement for a strategic partnership. The partnership includes a cooperation, investment and facility agreement which provides substantial capital to grow sales and R&D.

The two companies will collaborate in bringing NIPD Genetics’ VERACITY and VERAGENE non-invasive prenatal tests to the Medicover network and other new markets, as well as in designing and developing new genetic tests in prenatal, postnatal, neonatal, oncology, and other fields.

Frederik Ragmark, CEO of Medicover on this strategic partnership: “We are very pleased to welcome NIPD Genetics as a strategic partner of Medicover in the field of non-invasive genetic testing. Together both companies will offer a very comprehensive portfolio in this field of advanced diagnostics.”

Philippos Patsalis, Founder & CEO of NIPD Genetics said, “We are very glad to partner with Medicover who is a leading international healthcare and diagnostic services provider. This partnership offers us the ability to develop further our R&D plan and commercialize our products. We look forward to growing together by leveraging the complementarities of both companies in providing advanced genetic testing services.”

About Medicover

Medicover is a leading international healthcare and diagnostic services company and was founded in 1995. Medicover operates a large number of ambulatory clinics, hospitals, specialty-care facilities and laboratories and the largest markets are Poland and Germany and other European markets. It offers a broad range of high-quality healthcare services and a significant hub-and-spoke diagnostic laboratory network. In 2017, Medicover had revenues around €580 million and 15,900 employees. For more information, go to www.medicover.com

 

About NIPD Genetics

NIPD Genetics is an innovative biotechnology company based in Cyprus active in the field of designing, developing, and manufacturing non-invasive genetic tests. NIPD Genetics was founded in 2011 and develops in-vitro diagnostic solutions in the field of prenatal, preimplantation, neonatal, postnatal, and oncology, and currently selling the VERACITY and VERAGENE NIPT tests in 20 countries. It employs over 70 people including scientists with knowledge and expertise in molecular biology, human genetics, genomics, transcriptomics, methylomics, statistics and bioinformatics. For more information, visit www.nipd.com

Top Stories

WHO pauses trial of hydroxychloroquine in COVID-19 patients due to safety concerns

The World Health Organization has suspended testing the malaria drug hydroxychloroquine in COVID-19 patients due to safety concerns, WHO Director General Tedros Adhanom Ghebreyesus...

UK to reopen thousands of shops in easing of coronavirus lockdown

Britain will reopen thousands of high street shops, department stores and shopping centres next month, Prime Minister Boris Johnson said on Monday, setting out...

Repeat positive cases ‘released’ three weeks from first diagnosis

The Health Ministry issued instructions on Friday on the release / ending of isolation for patients who tested positive to Covid-19 but are not...

Two new Covid cases in education and repatriations

Two new coronavirus cases were reported today by the health ministry, a drop from yesterday's eight, out of a total of 2128 tests, raising...

Minister: Back to school for 769 pupils with disabilities

  More than 760 children with disabilities who were told they could not go back to school when primary and lower secondary schools reopened last...

Taste

Traditional salads that will blow your mind away

This traditional salads will make you actually love salads! Cyprus may be famous for souvla and kleftiko but if you try the traditional salads with...

Honey Balls

As you stroll down Onasagorou street in the old city of Nicosia and suddenly feel the need for something sweet, follow the smell of...

Octopus with Oregano

Ingredients: (Serves 4) 1 kg octopus ½ tsp dry oregano Pepper 3 tbsp olive oil 2 tbsp vinegar or lemon juice Preparation: Clean the octopus thoroughly under cold running water. Place the octopus...

Fish meatballs

In a bowl, mix the finely chopped onion and parsley. Boil the fish, cut into small pieces and add to the bowl. Add salt...