AGM Statement
May 03 2006 - 3:01AM
UK Regulatory
RNS Number:3102C
Genetix Group PLC
03 May 2006
Genetix Group plc
Annual General Meeting Statement
New Milton, UK, 3 May 2006 - The Board of Genetix Group plc (LSE: GTX) ("Genetix
" or the "Company"), the cell biology and proteomics technology group, will hold
its Annual General Meeting today at 11.30am.
At the beginning of the meeting, Mark Reid, Chief Executive of Genetix, will
make the following statement:
"We continue to make progress in introducing our cell biology products in the
biopharmaceutical market. Our new product, ClonepixFL has been well received and
we are excited about the launch of new applications for the CloneSelectImager.
Customer enquiries and leads are strong, but with the extended lead times in
converting these into firm orders we expect the year to be weighted towards the
second half.
By delivering significant cost and time benefits to our customers, these and
other related products will underpin our growth in the biopharmaceutical market
and we remain positive about the prospects for the full year as a whole."
Enquiries:
Genetix Group plc
Mark Reid, Chief Executive
Andrew Kellett, Finance Director
Tel: 01425 624600
Financial Dynamics
Julia Phillips/Sarah MacLeod
Tel: 020 7831 3113
Notes to Editors
Genetix provides automated systems for cell biology, and proteomic and genomic
research. It supplies many leading academic institutions worldwide and major
international companies involved in the drug discovery process including GSK,
AstraZeneca and Novartis.
Through its R&D expertise and scientific resource, Genetix is committed to the
continual development of innovative solutions to accelerate the rate of global
scientific discovery. The Company made a significant contribution to the Human
Genome Project by supplying high-throughput equipment to seven of the leading
eight laboratories of the consortium.
Genetix is quoted on the London Stock Exchange (symbol GTX) and is based in New
Milton, Hampshire, UK.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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