Prenetics
≈ 1 min read
Names in other languages
No names in other languages are held for this entry yet.
Article bodies are English and are not machine-translated. A name in another language is not a translation of the article.
Prenetics (NASDAQ:PRE) is a health sciences company headquartered in Hong Kong, with a presence in the United States. It focuses on early detection, prevention, and treatment of diseases, particularly cancer. Its subsidiary brands include CircleDNA, Insighta and IM8.
Prenetics (NASDAQ:PRE) is a health sciences company headquartered in Hong Kong, with a presence in the United States. It focuses on early detection, prevention, and treatment of diseases, particularly cancer. Its subsidiary brands include CircleDNA, Insighta and IM8.
Company
One of the company's major investors was Alibaba founder Jack Ma. After listing, it struggled to turn a profit. In October 2023 it announced a 1 for 15 reverse stock split so it could regain the stock exchange's required US$1 per share stock price. Prenetics became the first Hong Kong based unicorn to list on Nasdaq following a merger with a Special-purpose acquisition company Artisan Acquisition Corp.
Text derived from https://en.wikipedia.org/w/index.php?oldid=1362106872 under CC BY-SA 4.0; modifications have been made.