GTG 5.00% 4.2¢ genetic technologies limited

Announcment!, page-24

  1. 4,689 Posts.
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    A little bit of urgency now creeping in....I can smell the anticipation in the air.

    Kentgrove Capital are providing A$20 million of equity capital to GTG....you'd wanna be sure of some good progress if your taking script.

    From the ann:

    ….Proceeds from the Facility will be used for general working capital purposes and to fund the Company’s activities as it seeks to: 

    - commercialise existing R&D capabilities, IP and introduce an enhanced BREVAGenplus breast cancer risk assessment test and a colon cancer risk assessment test; 

    - progress development of a suite of genetic screening tests targeting both cancer and nononcological diseases utilising the latest technology and platforms, and 

    - explore and capitalise on Blockchain opportunities in the medical and biotech industries
 
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