Natera and Tesis Labs Announce Strategic Collaboration on Prenatal Genetic Testing

Rhea-AI Summary

Natera, Inc. (NASDAQ: NTRA) has partnered with Tesis Labs to enhance prenatal genetic testing services across the U.S., including Texas, Colorado, and Arizona. This collaboration aims to improve access to genetic testing for over 4 million pregnancies annually, leveraging Tesis’s advanced laboratory capabilities in Lafayette, Colorado. Both companies emphasize the importance of early screening for informed healthcare decisions, thereby broadening Tesis's testing offerings and strategically positioning Natera in a growing market.

Positive

• Strategic partnership with Tesis Labs to enhance prenatal genetic testing services.
• Ability to access over 4 million pregnancies annually in the U.S.
• Utilization of Tesis's scalable laboratory capabilities in Colorado.

Negative

• None.

AUSTIN, Texas, March 31, 2021 /PRNewswire/ -- Natera, Inc. (NASDAQ: NTRA), a pioneer and global leader in non-invasive genetic testing and analysis of cfDNA, and Tesis Labs, a US multi-region lab services provider with labs in Colorado, Texas and Arizona, announced a strategic partnership in the field of prenatal genetic testing.

The collaboration will allow Tesis to broaden its portfolio of genetic testing offerings and participate in the fast growing screening market for over 4 million pregnancies in the United States. Tesis's state-of-the-art and highly scalable genetics laboratory in Lafayette, Colorado can serve many regions of the U.S. including Texas, Arizona and Colorado.

"Natera is pleased to partner with Tesis Labs to improve patient testing access and convenience in a number of critical regional markets for both Natera and Tesis," said Ramesh Hariharan, General Manager of Natera's Women's Health business.

"We are honored to partner with Natera," said Tesis Labs CEO Ron King. "Working together will offer new opportunities for early screening, allowing more informed treatment and care decisions for women and their families. Our combined expertise and technology will play a major role in helping patients."

About Tesis Labs

Tesis Labs' genetically integrated medical platform has revolutionized targeted genetic sequencing. Our mission is to change medicine by providing physicians, hospitals, and researchers with the tools to help patients treat and overcome major chronic conditions such as heart disease, lung disease, cancer, and diabetes through advanced genetic testing. Tesis offers healthcare providers, and physicians' access to our unique genetic testing and precision medicine, enabling them to create personalized care plans for treating chronic diseases – individually and across generations. We also enable medical device companies and pharmaceuticals to bring new products to market and create a robust repository of genetic data and research. Visit www.tesislabs.com to learn more.

Media Contact: Kim Warth, Amendola Communications 303-918-9205 kwarth@acmarketingpr.com

About Natera

Natera is a pioneer and global leader in cell-free DNA testing from a simple blood draw. The mission of the company is to change the management of disease worldwide with a focus on women's health, oncology, and organ health. Natera operates ISO 13485-certified and CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendments (CLIA) in Austin, Texas and San Carlos, California. It offers proprietary genetic testing services to inform obstetricians, transplant physicians, oncologists, and cancer researchers, including biopharmaceutical companies, and genetic laboratories through its cloud-based software platform. For more information, visit natera.com. Follow Natera on LinkedIn.

Forward-Looking Statements

All statements other than statements of historical facts contained in this press release are forward-looking statements and are not a representation that Natera's plans, estimates, or expectations will be achieved. These forward-looking statements represent Natera's expectations as of the date of this press release, and Natera disclaims any obligation to update the forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially, including with respect to our efforts to develop and commercialize new product offerings, our ability to successfully increase demand for and grow revenues for our product offerings, whether the results of clinical or other studies will support the use of our product offerings, our expectations of the reliability, accuracy and performance of our tests, or of the benefits of our tests and product offerings to patients, providers and payers. Additional risks and uncertainties are discussed in greater detail in "Risk Factors" in Natera's recent filings on Forms 10-K and 10-Q and in other filings Natera makes with the SEC from time to time. These documents are available at www.natera.com/investors and www.sec.gov.

Contacts

Investor Relations: Mike Brophy, CFO, Natera, Inc., 510-826-2350

Media: Paul Greenland, VP of Corporate Marketing, Natera, Inc., pr@natera.com

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SOURCE Natera, Inc.

FAQ

What is the purpose of the Natera and Tesis Labs partnership?

The partnership aims to enhance prenatal genetic testing services and improve access for over 4 million pregnancies annually in the U.S.

When was the Natera and Tesis Labs collaboration announced?

The collaboration was announced on March 31, 2021.

How will the partnership affect Natera's market position?

The partnership positions Natera strategically in the growing prenatal genetic testing market by expanding access to services.

Which regions will benefit from the Natera and Tesis collaboration?

The collaboration will benefit regions including Texas, Colorado, and Arizona.

What is the stock symbol for Natera?

The stock symbol for Natera is NTRA.