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Yourgene Health (YGEN) Wins DPYD Testing Kit Contract, Shares Down

Sam Boughedda
Sam Boughedda trader
Updated 18 Jun 2021

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Yourgene Health (LON: YGEN) announced on Friday that it has been awarded a contract to supply its Elucigene DPYD testing kits to NHS Wales.

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The Elucigene DPYD screens cancer patients before the start of treatment with chemotherapeutic drug 5-Fluorouracil (5-FU), to identify the risk of severe side effects.

The two-year contract is due to begin in July and is worth approximately £232,000. There is an initial period of 12 months with an option to extend for a further 12 months.

Lyn Rees, CEO of Yourgene Health, commented: “We are extremely pleased to be awarded this tender to supply our IVD-marked oncology product to NHS Wales, with our differentiated technology deemed the only technology suitable for meeting the lab requirements to deliver the service.

“We are proud to see this form of personalised medicine increasing in demand and routinely being used across Wales.”

Yourgene Health’s share price is currently down 2.05% at 12.94p.

Should you invest in Yourgene Health shares?

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Sam Boughedda
Sam is a trader and lead stock market writer at AskTraders. After starting his career in the forex market, Sam now focuses on stocks, specifically consumer staples.