(CercleFinance.com) – Novacyt announces that it has been officially informed by INEX Innovate Pte Ltd of its decision to end discussions regarding the acquisition of Yourgene Health Taiwan Co Ltd, as originally announced by Yourgene Health plc on June 13, 2023 .
Consequently, the activities of the Taiwanese Yourgene laboratory will remain within the fold of the French company specializing in molecular diagnostics, which considers that this non-transfer has no impact.
Novacyt’s board of directors will continue to evaluate a number of options relating to the future of the Taiwanese laboratory’s activities ‘which present the best assets for all stakeholders’.
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