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Centogene N.V. Common Shares - CNTG STOCK NEWS

Welcome to our dedicated page for Centogene N.V. Common Shares news (Ticker: CNTG), a resource for investors and traders seeking the latest updates and insights on Centogene N.V. Common Shares stock.

Centogene N.V. (symbol: CNTG) is a leading global company in the field of genetic diagnostic testing for rare hereditary diseases. With an expansive test portfolio covering over 2,800 genes, as well as biochemical and biomarker tests, the company offers unparalleled expertise in whole exome sequencing and whole genome sequencing. Centogene's mission is to provide data-driven, life-changing answers to patients, physicians, and pharmaceutical companies by diagnosing the root causes of symptoms early on.

Centogene leverages its unique CentoMD® mutation database, integrating genetic and clinical information to deliver the highest quality genetic testing and biomarker development. This extensive database allows the company to maintain the largest systematic documentation of genetic results worldwide.

Beyond individual diagnostic services, Centogene is a pivotal partner for pharmaceutical companies, offering essential services such as early patient recruitment, epidemiological insights, biomarker discovery, and patient monitoring. The company operates in two main segments: pharmaceutical and diagnostics, serving regions including Europe, the Middle East, North America, and Latin America.

Recent achievements include the launch of innovative genomic and multiomic products, a significant joint venture in Saudi Arabia, and expanded collaborations with long-standing and new pharma partners. Despite the challenges posed by current financial markets, Centogene remains committed to growth and profitability, exploring strategic alternatives to unlock value for its stakeholders.

With ISO, CAP, and CLIA certified multiomic reference laboratories in Germany, Centogene's research and development efforts have led to over 285 peer-reviewed publications. The company's pioneering work in rare and neurodegenerative diseases has fostered collaborations with over 50 pharmaceutical partners, accelerating drug discovery and development.

To discover more about Centogene's products, pipeline, and patient-driven purpose, visit their website and follow them on LinkedIn.

Rhea-AI Summary
Centogene N.V. (Nasdaq: CNTG) has regained compliance with Nasdaq listing standards, meeting the minimum bid price and Market Value of Publicly Held Shares requirements. The company was previously notified of non-compliance due to its stock failing to meet the closing bid price of USD 1.00 for 30 consecutive business days and not meeting the minimum MVPHS of USD 15 million. However, as of July 12, 2023, the bid price requirement was met, and as of July 13, 2023, the MVPHS requirement was also fulfilled.
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Centogene recently launched FilterTool, a web-based application designed for the rapid diagnosis and research of rare genetic diseases. This application integrates with CentoCloud®, a CE-marked bioinformatics pipeline, to help users efficiently analyze genetic variants from Next Generation Sequencing (NGS) data. FilterTool allows medical professionals to select the top 25 most relevant variants from tens of thousands, significantly reducing diagnostic time. Powered by CENTOGENE's extensive Biodatabank, which includes data from approximately 700,000 patients across over 120 countries, FilterTool aims to enhance clinical decision-making and accelerate genetic research. It is one of the first applications to receive a CE mark under the new In Vitro Diagnostic Regulation (IVDR), reflecting its compliance with European regulatory standards.

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FAQ

What is the current stock price of Centogene N.V. Common Shares (CNTG)?

The current stock price of Centogene N.V. Common Shares (CNTG) is $0.5194 as of August 8, 2024.

What is the market cap of Centogene N.V. Common Shares (CNTG)?

The market cap of Centogene N.V. Common Shares (CNTG) is approximately 9.4M.

What does Centogene N.V. specialize in?

Centogene N.V. specializes in genetic diagnostic testing for rare hereditary diseases and offers a broad portfolio of genetic, biochemical, and biomarker tests.

What is CentoMD®?

CentoMD® is Centogene's mutation database that integrates genetic and clinical information, enabling high-quality genetic testing and biomarker development.

Which segments does Centogene operate in?

Centogene operates in two segments: pharmaceutical and diagnostics.

What regions does Centogene serve?

Centogene serves Europe, the Middle East, North America, and Latin America.

Who are Centogene’s main partners?

Centogene partners with leading pharmaceutical companies for services such as patient recruitment, biomarker discovery, and patient monitoring.

What are some recent achievements of Centogene?

Recent achievements include launching innovative genomic products, forming a joint venture in Saudi Arabia, and expanding pharma collaborations.

How does Centogene contribute to drug discovery?

Centogene accelerates drug discovery through partnerships with pharmaceutical companies, leveraging their extensive genetic data and multiomic technologies.

What research certifications does Centogene hold?

Centogene holds ISO, CAP, and CLIA certifications for their multiomic reference laboratories in Germany.

How extensive is Centogene's physician network?

Centogene has built a network of approximately 30,000 active physicians since its founding in 2006.

Where can I learn more about Centogene?

You can learn more about Centogene by visiting their website at www.centogene.com and following them on LinkedIn.

Centogene N.V. Common Shares

Nasdaq:CNTG

CNTG Rankings

CNTG Stock Data

9.43M
29.00M
4.57%
66.89%
0.28%
Diagnostics & Research
Healthcare
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United States of America
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