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Premaitha Health PLC
(“Premaitha” or the “Company”)

Middle East Business Update

Manchester, UK – 20 February 2017: Premaitha Health PLC (AIM: NIPT), developer of a leading CE-marked non-invasive prenatal screening system, is pleased to announce significant commercial progress in the Middle East through its distribution network.

Premaitha has appointed distributors across the Middle East and these partners have signed a number of new Middle Eastern customers which in aggregate are expected to generate over 10,000 samples per annum, once fully operational. The region offers greater intellectual property freedom, is attracted to the high quality in vitro diagnostic solution offered by Premaitha and is rapidly adopting non-invasive prenatal testing (“NIPT”) as a general screening test.

United Arab Emirates (“UAE”) and Saudi Arabia
Premaitha has appointed IgBioSystems (“IgBio”) as a distributor for the IONA® test in the UAE and Saudi Arabia. IgBio has already secured its first customer in Dubai, which will initially send samples to Premaitha in Manchester before installation of its own laboratory later in 2017. Once installation is complete, the Dubai laboratory will act as a regional hub, processing samples from other hospitals in its local network and from West Africa where it has significant connections.

IgBio has also secured a customer in Saudi Arabia that will be looking to install a service laboratory later this year. Samples will initially be sent to St George’s Hospital in London while the laboratory is undergoing set-up and installation.

Kuwait
Premaitha has also appointed a distributor in Kuwait which has secured its first customer.  This customer will initially send samples to Manchester, and it is anticipated that demand for the services will result in a full laboratory installation in Kuwait later in 2017.

Intellectual Property landscape
The patents being asserted against Premaitha in the ongoing UK litigation are not present in the Middle East.

NIPT adoption
NIPT is being rapidly adopted across the Middle East for all pregnant women, in contrast to the high-risk focus of public programmes in Europe.  This creates a sizeable target addressable market which is attracting high quality service providers who are keen to establish in-house laboratories using Premaitha’s IONA® test technology.  

Premaitha's IONA® test estimates the risk of a fetus being affected with Down's syndrome or other genetic conditions. The test is performed on a maternal blood sample, containing traces of fetal DNA, which is then analysed using next generation DNA sequencing technology. The test is highly accurate and significantly reduces the number of women who are unnecessarily subjected to risky, invasive follow up procedures to diagnose Down's syndrome and other genetic conditions.

Dr Stephen Little, CEO of Premaitha Health, commented: “We are pleased to report increasing traction in the Middle East, where our existing installations are exceeding expectations and where we are seeing strong demand in local hospitals through our distributor network. This is a strategically important region which is unaffected by ongoing intellectual property disputes and therefore further de-risks the Company’s position in this regard.  

“It is clear that there is increasing recognition of the benefits of NIPT as a general screening test in the region and this in turn is driving demand for the IONA® test as a complete in-house solution. The financial impact from these contracts will build during our next financial year creating a strong platform for recurring revenues in the years ahead.  The Middle East is positioning itself as a leading global healthcare destination and we are rapidly establishing a significant market presence in the region.”

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For more information, please contact:

Premaitha Health PLC
Dr Stephen Little, Chief Executive Officer    
Barry Hextall, Chief Financial Officer    
This email address is being protected from spambots. You need JavaScript enabled to view it. 
Tel: +44 (0) 161 667 6865
    
Cairn Financial Advisers LLP (Nomad)    
Liam Murray / Jo Turner    
Tel: +44 (0) 20 7213 0880
    
finnCap (Broker)     
Adrian Hargrave / Scott Mathieson (Corporate Finance)    
Tony Quirke (Corporate Broking)    
Tel: +44 (0) 20 7220 0500
    
Vigo Communications    
Ben Simons / Fiona Henson / Antonia Pollock    
This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +44 (0) 20 7830 9700

About Premaitha
Premaitha is a molecular diagnostics company which uses the latest advances in DNA analysis technology to develop safer, faster and regulatory approved non-invasive screening tests for pregnant women.

Premaitha’s lead test – the IONA® test – was launched in February 2015 and is the leading CE marked complete system which estimates the risk of a fetus being affected with Down’s syndrome or other genetic conditions. The IONA® test is performed on the mother’s blood sample - which contains traces of fetal DNA - and then analysed using next generation DNA sequencing technology from ThermoFisher Scientific.

Unlike existing prenatal screening methods, due to its high level of accuracy, the IONA® test can significantly reduce the number of women subjected to unnecessary stressful and invasive follow up diagnostic procedures which are costly, resource intensive and carry a risk of miscarriage.

Non-invasive prenatal screening is an emerging, multi-billion dollar global market and Premaitha’s complete CE Marked system enables laboratories and health care practitioners to offer an approved, non-invasive prenatal screening system in-house.  

Premaitha is based in Manchester Science Park, United Kingdom and its shares trade on the AIM market of the London Stock Exchange (AIM: NIPT). For further information please visit www.premaitha.com. Follow us on twitter @PremaithaHealth.

  • 26 June 2017 - The IONA® test updated to include the first trimester combined test result +

    Premaitha Health PLC
    (“Premaitha” or the “Company”)

    The IONA ® test updated to include the first trimester combined test result

    Manchester, UK – 26 June 2017: Premaitha Health, a leading international molecular diagnostics group focused on non-invasive prenatal testing (“NIPT”), is pleased to announce enhancements to the IONA ® test, which now incorporates the first trimester combined test risk score into its software.

    The IONA ® test is Premaitha’s leading CE-marked non-invasive prenatal test which

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  • 16 June 2017 - Premaitha launches Sage™ prenatal screening solution in Hong Kong +

    Premaitha Health PLC
    (“Premaitha” or the “Company”)

    Premaitha launches Sage™ prenatal screening solution in Hong Kong

    Manchester, UK – 16 June 2017: Premaitha Health PLC (AIM: NIPT), a leading international molecular diagnostics group focused on non-invasive prenatal testing (“NIPT”), announces the launch of Sage™, an NIPT solution incorporating additional prenatal screening analysis tools.

    Sage™ is an advanced NIPT analysis solution, available through Yourgene Bioscience Singapore (“Yourgene”), which was acquired by Premaitha in March 2017. It

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  • 5 June 2017 - India Business Update +

    Premaitha Health plc
    (“Premaitha” or the “Company” or the “Group”)

    India Business Update

    Manchester, UK – 5 June 2017: Premaitha Health plc (AIM: NIPT), a leading international molecular diagnostics group focused on non-invasive prenatal testing, is pleased to provide an update on commercial progress in India.

    Yourgene Bioscience (“Yourgene”), acquired by Premaitha in March 2017, is now firmly established as one of India’s leading providers in the emerging non-invasive prenatal testing (“NIPT”) market,  with representation

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  • 26 May 2017 - Premaitha completes IONA test validation on Thermo Fisher’s Ion S5 instrument +

    Premaitha Health PLC
    (“Premaitha” or the “Company”)
     
    Premaitha completes IONA test validation on Thermo Fisher’s Ion S5 instrument
     
    Manchester, UK – 26 May 2017: Premaitha Health plc (AIM: NIPT, “Premaitha” or the “Company”), a leading international molecular diagnostics group focused on prenatal testing, announces that the IONA ® test, the Company’s CE-IVD non-invasive prenatal test (“NIPT”), has been validated for use on Thermo Fisher Scientific’s Ion S5 range of instruments.
     
    The validation
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  • 19 May 2017 - Premaitha welcomes NIPT recommendation in France +

    Premaitha Health PLC
    (“Premaitha” or the “Company”)
     
    Premaitha welcomes NIPT recommendation in France
     
    Haute Authorité de Santé recommends introduction of NIPT for high and intermediate risk women
     
    Manchester, UK – 19 May 2017: Premaitha Health plc (AIM: NIPT, “Premaitha” or the “Company”), a leading international molecular diagnostics group focused on prenatal testing, welcomes the recommendation by the Haute Authorité de Santé (“HAS”), the French National Authority for Health, to make non-invasive prenatal
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  • 12 May 2017 - Update Re. Swiss Customer +

    Premaitha Health PLC
    (“Premaitha” or the “Company”)

    Update Re. Swiss Customer

    Manchester, UK – 12 May 2017: Premaitha Health plc (AIM: NIPT, “Premaitha” or the “Company”), a leading international molecular diagnostics group focused on prenatal testing, announces that the Company’s application for its Swiss customer, Genoma SA (“Genoma”), to be placed into bankruptcy for non-payment of debts has been successful (the “Ruling”).

    As previously announced in the Company’s interim results (see RNS announcement on 21

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  • 13 March 2017 - Premaitha Raises Awareness of the IONA® Test at Key International Medical Events +

    Premaitha Health PLC
    (“Premaitha” or the “Company”)

    Premaitha Raises Awareness of the IONA ® Test at Key International Medical Events

    Manchester, UK – 13 March 2017: Premaitha Health PLC (AIM: NIPT), a leading international molecular diagnostics group focused on prenatal testing, will be attending a series of key international fetal medicine and OB/GYN events during March to broaden awareness of the IONA ® test. The events will include:

    The Royal College of Obstetricians and Gynaecologists

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  • 27 February 2017 - Completion of Yourgene Acquisition, Issue of Shares and Director Appointments +

    Premaitha Health PLC
    (“Premaitha” or the “Company” or the “Group”)

    Completion of Yourgene Acquisition, Issue of Shares and Director Appointments

    Manchester, UK – 27 February 2017: Premaitha Health PLC (AIM: NIPT), a leading international molecular diagnostics group focused on prenatal testing, announces regulatory clearance for the completion of the acquisition of Yourgene Bioscience Co., Ltd (“Yourgene”).

    The acquisition of Yourgene, announced on 21 December 2016, has now received regulatory clearance as required by Taiwanese law. 

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  • 20 February 2017 - Middle East Business Update +

    Premaitha Health PLC
    (“Premaitha” or the “Company”)

    Middle East Business Update

    Manchester, UK – 20 February 2017: Premaitha Health PLC (AIM: NIPT), developer of a leading CE-marked non-invasive prenatal screening system, is pleased to announce significant commercial progress in the Middle East through its distribution network.

    Premaitha has appointed distributors across the Middle East and these partners have signed a number of new Middle Eastern customers which in aggregate are expected to generate over 10,000

    Read More
  • 16 February 2017 - Publication of scientific paper on Premaitha’s IONA® test +

    Premaitha Health PLC
    (“Premaitha” or the “Company”)

    Publication of scientific paper on Premaitha’s IONA ® test

    Manchester, UK – 16 February 2017 : Premaitha Health, developer of a leading CE-marked non-invasive prenatal screening system, is pleased to announce the publication of “ The IONA® Test: Development of an Automated Cell-Free DNA-Based Screening Test for Fetal Trisomies 13, 18, and 21 That Employs the Ion Proton Semiconductor Sequencing Platform ” in Fetal Diagnosis and Therapy.

    The paper

    Read More
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Pregnant lady sitting at table with Laptop

Investor Relations
Ben Simons / Fiona Henson
Vigo Communications
180 Piccadilly
London W1J 9HF
premaitha@vigocomms.com
T : +44 (0) 20 7830 9700

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