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Mirxes Forms Joint Venture to Tackle Cancer Detection in Malaysia

Story Highlights
  • Mirxes partners with Xeraya to form a joint venture for cancer diagnostics in Malaysia.
  • The venture aims to address Malaysia’s unmet need for early cancer detection and expand Mirxes’ market in ASEAN.
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Mirxes Forms Joint Venture to Tackle Cancer Detection in Malaysia

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The latest announcement is out from Mirxes Holding Company Limited ( (HK:2629) ).

Mirxes Holding Company Limited has formed a joint venture with Xeraya Opportunities Fund PCC Limited to establish MYRNA DIAGNOSTICS SDN. BHD. in Malaysia. This strategic partnership aims to address the critical unmet need for early cancer detection in Malaysia, where late-stage cancer diagnoses are prevalent. The joint venture will focus on research, development, and commercialization of cancer early detection tests, leveraging Malaysia’s healthcare ecosystem to fast-track innovation and regulatory approvals. This initiative is expected to enhance Mirxes’ market positioning in the ASEAN region and improve healthcare outcomes in Malaysia.

More about Mirxes Holding Company Limited

Mirxes Holding Company Limited is a company incorporated in the Cayman Islands, focusing on the life sciences industry. It specializes in the development of cancer early detection tests and other nucleic acid-based diagnostics, leveraging its miRNA centric multi-omic technology platform.

Average Trading Volume: 1,518,172

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$19.3B

For detailed information about 2629 stock, go to TipRanks’ Stock Analysis page.

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