GENinCode (GENI)

Sector:

Health Care

Index:

FTSE AIM All-Share

 7.38p
   
  • Change Today:
      0.000p
  • 52 Week High: 16.00
  • 52 Week Low: 3.45
  • Currency: UK Pounds
  • Shares Issued: 176.96m
  • Volume: 1,758
  • Market Cap: £13.05m

GENinCode inks partnership with DC's MedStar Health

By Josh White

Date: Wednesday 19 Jul 2023

LONDON (ShareCast) - (Sharecast News) - Predictive generics specialist GENinCode announced a collaboration with MedStar Health on Wednesday - a prominent 10-hospital health system in the Washington, DC area of the United States.
The AIM-traded company said the partnership was intended to use its 'CARDIO inCode-Score' (CIC-SCORE) test in primary care for assessing the risk of coronary heart disease (CHD).

It explained that, by combining the results of the CIC-SCORE test with the standard American College of Cardiology Atherosclerotic Cardiovascular Disease (ASCVD) risk calculator, the collaboration was aiming to identify patients who could benefit from early preventive treatment.

The CIC-SCORE test evaluates an individual's polygenic (DNA) risk of CHD and, when combined with their clinical risk factors, provides a comprehensive assessment of CHD risk, GENinCode explained.

GENinCode said the collaboration with MedStar made it the first major US institution to begin clinical assessments of CIC-SCORE.

The board described the CIC-SCORE test as a patent-protected in-vitro diagnostic polygenic test used for assessing the risk of CHD.

GENinCode said it conducts the CIC-SCORE test at its laboratory in Irvine, California, and provides physicians with online reports through its proprietary cloud-based 'SITAB' platform.

"We are pleased to announce our first major US clinical collaboration with MedStar, which will focus on use of CIC-SCORE to identify patients at high risk of heart disease, the largest cause of death in the US," said chief executive officer Matthew Walls.

"We look forward to working closely with the MedStar team to identify patients at risk, inform personalised treatment and prevent coronary heart disease."

At 1008 BST, shares in GENinCode were up 3.83% at 12.2p.

Reporting by Josh White for Sharecast.com.

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GENinCode Market Data

Currency UK Pounds
Share Price 7.38p
Change Today 0.000p
% Change 0.00 %
52 Week High 16.00
52 Week Low 3.45
Volume 1,758
Shares Issued 176.96m
Market Cap £13.05m

GENinCode Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
45.75% below the market average45.75% below the market average45.75% below the market average45.75% below the market average45.75% below the market average
31.25% above the sector average31.25% above the sector average31.25% above the sector average31.25% above the sector average31.25% above the sector average
Price Trend
70.41% below the market average70.41% below the market average70.41% below the market average70.41% below the market average70.41% below the market average
13.51% below the sector average13.51% below the sector average13.51% below the sector average13.51% below the sector average13.51% below the sector average
Income Not Available
Growth
15.77% above the market average15.77% above the market average15.77% above the market average15.77% above the market average15.77% above the market average
27.78% above the sector average27.78% above the sector average27.78% above the sector average27.78% above the sector average27.78% above the sector average

GENinCode Dividends

No dividends found

Trades for 02-May-2024

Time Volume / Share Price
15:26 1,323 @ 7.56p
08:13 435 @ 7.00p

GENinCode Key Personnel

CEO Matthew Heaton Walls
CFO Paul Andrew Peter Foulger
COO Jordi Puig Gilberte

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