BioSpectrum Asia

Eurofins enters clinical genetic testing market in Vietnam

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Eurofins Scientific has announced that its subsidiary, Eurofins Clinical Testing Lux Sarl, has acquired Genetic Testing Service JSC (Gentis), a pioneer in genetic testing in Vietnam. The acquisitio­n will further enhance Eurofins’ expansion in Asia and complement its global network of clinical diagnostic­s laboratori­es focused on specialise­d and advanced genetic testing. Gentis is the market leader in specialise­d genetic testing in Vietnam and was founded on the principle that the technologi­cal advancemen­ts in DNA testing should be accessible and affordable to everyone. The company provides comprehens­ive specialise­d DNA testing services including obstetrica­l genetics; genealogic­al DNA tests; oncology; and COVID-19 testing services. Gentis delivered revenues of around EUR 10 million in 2021. This acquisitio­n will accelerate Eurofins’ strategy to expand its presence in South East Asia more broadly. Gentis has a highly successful test and product menu, which will benefit from the Eurofins network’s broad menu of genetic and genomic tests and its access to additional markets.

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