Source - RNS
RNS Number : 4211L
Premaitha Health PLC
03 October 2016


Hardman Research: Excellent first year for IONA®


Excellent first year for IONA®: Premaitha uses the latest advances in DNA sequencing technology for non-invasive prenatal screening tests. IONA uses complex statistical analyses to determine the likelihood that a fetus is carrying a disorder such as Down's syndrome or other prenatal genetic abnormalities. Although IONA has entered a competitive and litigious market, it has some advantages, is CE Marked, and was first to win UK NHS contracts. FY 2016 results contain evidence of early IONA adoption in some markets. While the patent dispute is a costly and time consuming distraction, Premaitha clearly has support from one of its partners, Thermo Fisher Scientific.


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