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genetic technologies ltd (DU8) Snapshot

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02/17/14 - €0.04
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10/6/14 - €0.0030
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genetic technologies ltd (DU8) Details

Genetic Technologies Limited provides genetic testing services primarily in Australia and the United States. It offers a range of genetic tests for breast and ovarian cancer, bowel and uterine cancer, and prostate cancer; neurogenetic diagnostic assays; and gene testing for Epilepsy SCN1A gene related disorders. The company also provides DNA based tests comprising peace of mind paternity, legal paternity, antenatal DNA, deceased estate, DNA profiling, grandparent, immigration, sibling, twins, and Y-chromosome DNA tests. In addition, it offers DNA testing, canine health register, forensics, and breed identification services to animals. Further, the company is involved in the out-licensing of its non-coding technology; and research and development activities in the field of genetics and related areas. Genetic Technologies Limited is headquartered in Fitzroy, Australia.

genetic technologies ltd (DU8) Top Compensated Officers

Chief Financial Officer and Chief Operating O...
Total Annual Compensation: A$14.4K
Director of Global Licensing & Intellectual P...
Total Annual Compensation: A$140.4K
Scientific Director
Total Annual Compensation: A$125.7K
Quality and Business Operations Director
Total Annual Compensation: A$98.7K
Compensation as of Fiscal Year 2014.

genetic technologies ltd (DU8) Key Developments

Genetic Technologies Limited Announces Findings from New BREVAGenplus Research Study

Genetic Technologies Limited announced that findings from a new research study show that adding a panel of 77 single-nucleotide polymorphisms (SNPs) improves the predictive accuracy of four commonly used breast cancer risk assessment models. This same panel of 77 SNPs is used in the Company's recently released BREVAGenplus, an easy-to-use predictive risk test for sporadic, or non-hereditary, breast cancer. Results were presented at the 2014 San Antonio Breast Cancer Symposium, on December 13, 2014. The study, entitled Value of Adding Single-Nucleotide Polymorphism Panel Markers to Phenotypic Algorithms of Breast Cancer Risk, was conducted under the supervision of Prof. John L. Hopper and first authored by Dr. Gillian S. Dite from the Centre for Molecular Epidemiology at the University of Melbourne. The study investigated the impact of adding the same 77 SNP panel used in BREVAGenplus to the following breast cancer prediction models: BOADICEA and BRCAPRO, both of which are based on pedigree data for breast and ovarian cancer; BCRAT (Gail score), which is based on established risk factors for breast cancer and family history as represented by the number of first-degree relatives with breast cancer; and IBIS, which combines information on both familial and personal risk factors for breast cancer. The researchers studied a population-based sample of 750 cases and 405 controls from the Australian Breast Cancer Family Registry and utilized the same methodology as a previous study of seven SNPs conducted by the same researchers. This new Australian study builds on previous observations that including information on multiple SNPs can improve the discriminatory accuracy of BCRAT risk assessment model (Mealiffe et al), as well as extending that observation to more recently identified SNPs associated with breast cancer. This study is expected to be published in a peer-reviewed scientific journal in early 2015.

Genetic Technologies Limited Announces Executive Changes, Effective December 31, 2014

Genetic Technologies Limited announced key managerial appointments following the resignation of Ms. Alison Mew as Chief Executive Officer. Effective 31 December 2014, Ms. Alison Mew has decided to step down from her position of CEO, for personal, health-related reasons. The Board also announced that, following the resignation of Ms. Alison Mew, Mr. Eutillio Buccilli, the Company's current Chief Financial Officer, has been appointed to the position of Chief Operating Officer and Chief Financial Officer and that Mr. Mark Ostrowski, currently Senior VP Sales and Marketing, Phenogen Sciences Inc., based in the U.S., will assume the role of President, Phenogen Sciences Inc. Both new appointments become effective immediately. Mr. Buccilli joined the Company in June 2014, after more than 35 years of senior management experience in the financial services, contracting and recruitment, property and retail industries in Australia and the U.S. He has held senior management positions with blue chip corporations such as General Electric, Computer Science Corporation, Coles Myer and Challenger Limited.

Genetic Technologies Limited, Annual General Meeting, Nov 25, 2014

Genetic Technologies Limited, Annual General Meeting, Nov 25, 2014., at 10:30 AUS Eastern Standard Time. Location: Treetops, Melbourne Museum. Agenda: To consider financial report, directors report and auditors report for the year ended June 30, 2014; to consider the election of directors; to consider the conversion of debt notes; to consider issue of options to debt note subscribers; to consider the renewal of employee option plan; and to consider the change of company name.


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