CENTOGENE Announces Shareholders Approve All Resolutions at Annual General Meeting
Centogene N.V. (Nasdaq: CNTG) reported positive results from its Annual General Meeting held on June 25, 2021, where shareholders approved all proposals, including the appointment of Rene Just as Chief Financial Officer. Peer Schatz, Chairman of the Supervisory Board, thanked shareholders for their support in advancing the company's mission to address the challenges of rare diseases. Centogene's proprietary platform leverages comprehensive data from over 600,000 patients, aiming to enhance understanding and treatment of rare hereditary diseases and accelerating orphan drug development.
- Shareholders approved all AGM proposals, indicating strong support for management.
- Appointment of Rene Just as CFO may bring financial expertise to the company.
- The company has a unique data platform with over 3.9 billion data points from 600,000 patients, enhancing its research capabilities.
- Collaboration with over 30 pharmaceutical partners may lead to growth opportunities.
- None.
CAMBRIDGE, Mass. and ROSTOCK, Germany and BERLIN, June 25, 2021 (GLOBE NEWSWIRE) -- Centogene N.V. (Nasdaq: CNTG), a commercial-stage company focused on generating data-driven insights to diagnose, understand, and treat rare diseases, today announced the voting results of the Company’s Annual General Meeting. The shareholders of the Company voted in favor of all proposals, which included the appointment of Rene Just as Chief Financial Officer and Managing Director of the company, as well as the re-appointment of Flemming Ørnskov, Hubert Birner, Holger Friedrich, Guido Alexander Prehn, Eric Souêtre, and Berndt Axel Edvard Modig to the Supervisory Board.
Peer Schatz, Chairman of the Supervisory Board at CENTOGENE, said, “We would like to thank our shareholders for their continued support of the Company’s mission to have a meaningful impact on the reduction of the highly significant burden of rare diseases and to thereby create substantial value for its stakeholders.”
About CENTOGENE
CENTOGENE engages in diagnosis and research around rare diseases transforming real-world clinical, genetic, and multiomic data to diagnose, understand, and treat rare diseases. Our goal is to bring rationality to treatment decisions and to accelerate the development of new orphan drugs by using our extensive rare disease knowledge and data. CENTOGENE has developed a global proprietary rare disease platform based on our real-world data repository with over 3.9 billion weighted data points from approximately 600,000 patients representing over 120 different countries as of December 31, 2020.
The Company’s platform includes epidemiologic, phenotypic, and genetic data that reflects a global population, as well as a biobank of patients’ blood samples and cell cultures. CENTOGENE believes this represents the only platform focused on comprehensive analysis of multi-level data to improve the understanding of rare hereditary diseases. It allows for better identification and stratification of patients and their underlying diseases to enable and accelerate discovery, development, and access to orphan drugs. As of December 31, 2020, the Company collaborated with over 30 pharmaceutical partners.
Important Notice and Disclaimer
This press release contains statements that constitute “forward-looking statements” as that term is defined in the United States Private Securities Litigation Reform Act of 1995, including statements that express the Company’s opinions, expectations, beliefs, plans, objectives, assumptions, or projections regarding future events or future results, in contrast with statements that reflect historical facts. Examples include discussion of our strategies, financing plans, growth opportunities, and market growth. In some cases, you can identify such forward-looking statements by terminology such as “anticipate,” “intend,” “believe,” “estimate,” “plan,” “seek,” “project” or “expect,” “may,” “will,” “would,” “could,” or “should,” the negative of these terms or similar expressions. Forward-looking statements are based on management’s current beliefs and assumptions and on information currently available to the Company. However, these forward- looking statements are not a guarantee of our performance, and you should not place undue reliance on such statements. Forward-looking statements are subject to many risks, uncertainties, and other variable circumstances, such as negative worldwide economic conditions and ongoing instability and volatility in the worldwide financial markets, the effects of the COVID-19 pandemic on our business and results of operations, possible changes in current and proposed legislation, regulations and governmental policies, pressures from increasing competition and consolidation in our industry, the expense and uncertainty of regulatory approval, including from the U.S. Food and Drug Administration, our reliance on third parties and collaboration partners, including our ability to manage growth and enter into new client relationships, our dependency on the rare disease industry, our ability to manage international expansion, our reliance on key personnel, our reliance on intellectual property protection, fluctuations of our operating results due to the effect of exchange rates, or other factors. Such risks and uncertainties may cause the statements to be inaccurate and readers are cautioned not to place undue reliance on such statements. Many of these risks are outside of the Company’s control and could cause its actual results to differ materially from those it thought would occur. The forward-looking statements included in this press release are made only as of the date hereof. The Company does not undertake, and specifically declines, any obligation to update any such statements or to publicly announce the results of any revisions to any such statements to reflect future events or developments, except as required by law.
For further information, please refer to the Risk Factors section in our Annual Report for the year ended December 31, 2020, on Form 20-F filed with the SEC on April 15, 2021, and other reports and documents furnished to or filed with the U.S. Securities and Exchange Commission (SEC). You may get these documents by visiting EDGAR on the SEC website at www.sec.gov.
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