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CyGene Introduces Predictive Genetic Products in Russia

Category: Press Releases  |  Permalink

Published: Tuesday, August 04, 2009

CyGene Russia Inauguration Event

Photo: CyGene Russia Inauguration Event

CORAL SPRINGS, Fla.--(BUSINESS WIRE)--CyGene Laboratories Inc. (OTC: CYGE - News) announced today that its direct-to-consumer predictive genetic products have been introduced in the Russian Federation by its exclusive licensee CyGene Russia, LLC. The CyGene products are the first predictive DNA tests for the Russian market.

CyGene currently markets a variety of DNA predictive genetic test panels that provide consumers with information on genetic predisposition to treatable conditions. CyGene is the only consumer genetic testing provider that guarantees anonymity to its customers, while providing access to the most updated science at the lowest possible price.

"We have great expectations for these new-age products that help consumers learn about themselves and make smart choices about their lifestyles," said Dmitri Nefedov, CEO of CyGene Russia at the company's inauguration party in Khabarovsk City. "The Russian people are eager to embrace the benefits that the next generation genetic technologies have to offer. We predict great success in this venture due to CyGene's superior business model and the ethical, cost-effective manner of introducing the science behind these products to the benefit of our citizens."

Martin Munzer, CyGene's president and CEO, said, "We believe CyGene Russia will make a significant contribution to CyGene's commercial success. Mr. Nefedov has the long-term vision and leadership to successfully introduce our products and technologies into the highly receptive and educated Russian market."

About CyGene Laboratories Inc.

CyGene Laboratories Inc., based in Coral Springs, Fla., is a biotechnology company focused on introducing genetic predisposition and diagnostic testing into the general population. With five patents issued, CyGene's scientific expertise is in DNA analysis and diagnostic technologies. Incorporated in 1995, CyGene has been developing technology and introducing products that address the growing demand for genetic knowledge implementation and utilization. CyGene currently markets six DNA predictive genetic test panels in accordance with its patent pending business model, sold direct to consumers and through physicians and other healthcare practitioners. CyGene's process offers customers access to the most updated science, guaranteeing their anonymity and keeping consumers on the cutting edge of genetic discoveries at the lowest possible price. The method allows customers who have purchased a previous genetic test panel a low cost upgrade to their genetic report as new genetic discoveries become available.

About CyGene Russia, LLC

CyGene Russia represents the interests of CyGene Laboratories in the Russian Federation, including marketing and distributing its innovative genetic predisposition and diagnostic testing products. CyGene Russia is the first company to offer predictive DNA services to the Russian market.

For more information about CyGene Laboratories and its products, visit the Company's Web site at:
www.CyGeneDirect.com

For more information about CyGene Russia and its products, visit the Company's Web site at:
www.CyGeneDirect.ru


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© Copyright 2009, CyGene Laboratories Inc. All rights reserved. CyGene DIRECT and CyGene Laboratories are registered trademarks of CyGene Laboratories.
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