The Irish-based company made $8 million selling Irish genetic data in 2021, but recorded significant losses
Directors of Genuity Science, a firm selling Irish genomic data, have said that “poor trading performance” means the company faces “material uncertainty” if it will receive further funding from its US-based owner.
New accounts published by Genuity Science Limited, a subsidiary of Hibercell, a US biotechnology firm, show it recorded a loss of $23.7 million in 2021, which has brought its accumulated losses up to $98.7 million.
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