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CENTOGENE Announces Voting Results of Extraordinary General Meeting

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Centogene N.V. (Nasdaq: CNTG) announced the results of its Extraordinary General Meeting held on February 22, 2022. Shareholders approved all proposals, including the appointments of Kim Stratton as Managing Director and Prof. Andreas Busch as Supervisory Director. Peer Schatz, the Chairman, expressed gratitude to shareholders and anticipation for the new leadership to enhance the company's strategy for patient value. Centogene focuses on rare diseases, leveraging a data-rich platform with over 600,000 patient records to innovate orphan drug development.

Positive
  • Shareholders approved all proposals at the Extraordinary General Meeting.
  • Kim Stratton appointed as Managing Director.
  • Prof. Andreas Busch appointed as Supervisory Director.
  • Centogene leverages a unique platform with data from over 600,000 patients.
Negative
  • None.

CAMBRIDGE, Mass. and ROSTOCK, Germany and BERLIN, Feb. 22, 2022 (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 Extraordinary General Meeting. The shareholders of the Company voted in favor of all proposals, which included the appointments of Kim Stratton as Managing Director and Prof. Andreas Busch as Supervisory Director.

Peer Schatz, Chairman of the Supervisory Board of CENTOGENE said, “We would like to thank our shareholders for their support. We would like to welcome Andreas to the Supervisory Board and are very much looking forward to working with Kim as our new CEO to translate the next phases of our strategy into value for patients and our 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 of over 600,000 patients representing over 120 different countries.

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.

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Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. Statements contained herein that are not clearly historical in nature are forward-looking, and the words “anticipate,” “believe,” “continues,” “expect,” “estimate,” “intend,” “project,” and similar expressions and future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” and “may,” are generally intended to identify forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties, and other important factors that may cause CENTOGENE’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, 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, our ability to streamline cash usage, our requirement for additional financing and our ability to continue as a going concern, or other factors. For further information on the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to CENTOGENE’s business in general, see CENTOGENE’s risk factors set forth in CENTOGENE’s Form 20-F filed on April 15, 2021, with the Securities and Exchange Commission (the “SEC”) and subsequent filings with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and CENTOGENE’s specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.

Media Contact:  

CENTOGENE

Ben Legg
Corporate Communications 
press@centogene.com

Lennart Streibel
Investor Relations
investor.relations@centogene.com

Stern IR  

Brendan Payne
+1 (212) 698 8695
brendan.payne@sternir.com


FAQ

What were the results of Centogene's Extraordinary General Meeting on February 22, 2022?

Centogene's Extraordinary General Meeting on February 22, 2022, resulted in shareholders approving all proposals, including new leadership appointments.

Who were appointed during Centogene's Extraordinary General Meeting?

Kim Stratton was appointed as Managing Director and Prof. Andreas Busch as Supervisory Director at Centogene's Extraordinary General Meeting.

What is the focus of Centogene as a company?

Centogene focuses on generating data-driven insights to diagnose, understand, and treat rare diseases.

What kind of data does Centogene's platform include?

Centogene's platform includes epidemiologic, phenotypic, and genetic data from over 600,000 patients across 120 countries.

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