Genetic Technologies Limited
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Company Description
- CEO
- Kevin Camilleri
- Full Time Employees
- 55
- Sector
- Healthcare
- Industry
- Medical - Diagnostics & Research
- Address
- 60-66 Hanover Street Fitzroy VIC Australia 3065
- IPO Date
- Sep 6, 2005
- CIK
- 0001166272
- Website
- gtglabs.com
- Similar Companies
- Business
- Genetic Technologies Limited (ASX: GTG; NASDAQ: GENE), founded in 1987 and headquartered in Prahran, Australia, is a molecular diagnostics company that develops and commercializes predictive genetic testing and risk assessment tools; its core offerings include the BREVAGeneplus test for non-hereditary breast cancer risk, geneType portfolio multi-risk assessments for diseases such as colorectal cancer, ovarian cancer, prostate cancer, coronary artery disease, type 2 diabetes, pancreatic cancer, melanoma and atrial fibrillation, and genetic testing services encompassing medical, animal, forensic and plant testing through EasyDNA and AffinityDNA brands. The company operates in the Americas, Canada, Europe, the Middle East, Africa, Latin America and the Asia Pacific, targeting physicians, healthcare professionals, obstetricians, gynecologists and breast cancer specialists with its clinically validated, non-invasive saliva-based tests that integrate genomic and clinical data for personalized health management. In recent developments, Genetic Technologies completed the sale of its AffinityDNA and EasyDNA direct-to-consumer businesses to Endeavor DNA, Inc. in January 2025 and sold its geneType business and assets to Rhythm Biosciences Limited in December 2024; it executed binding term sheets in June 2025 for the strategic acquisitions of Ellerfield Wealth Pty Ltd and Walker Capital Private Wealth Pty Ltd for A$7 million in shares to pivot into diversified financial services and wealth management; additionally, the company implemented a capital-light operating model restructure in 2024, reducing monthly cash burn from A$800,000 to under A$200,000, launched geneType globally on the EasyDNA platform across 42 countries, expanded into Canada and New Zealand, secured B2B partnerships such as with Wellworks for U.S. employer groups, and appointed Jules Grove as Chief Financial Officer effective May 2025 while transitioning CEO Simon Morriss.
Company News
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Kala Bio and Virotek Announce Letter of Intent to Establish an Exclusive U.S. Distribution Partnership for Ophthalmology Genetic Testing Program
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FDA Accepts BridgeBio's Filing for Rare Genetic Disease Drug
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Design Therapeutics Stock Wobbles After Rare Genetic Disease Data
M/I HOMES ANNOUNCES ELECTION OF GENE SMITH TO BOARD OF DIRECTORS
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From Genetic Puzzle to Industrial Platform