ARTICLE
28 November 2018

Advice On Strategic Cooperation Agreement Between Medicover And NIPD Genetics

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Elias Neocleous & Co LLC

Contributor

Elias Neocleous & Co LLC is the largest law firm in Cyprus and a leading firm in the South-East Mediterranean region, with a network of offices across Cyprus (Limassol, Nicosia, Paphos), Belgium (Brussels), Czech Republic (Prague), Romania (Budapest) and Ukraine (Kiev). A dynamic team of lawyers and legal experts deliver strategic legal solutions to clients operating in key industries across Europe, Asia, the Middle East, India, USA, South America, and China. The firm is renowned for its expertise and jurisdictional knowledge across a broad spectrum of practice areas, spanning all major transactional and market disciplines, while also managing the largest and most challenging cross-border assignments. It is a premier practice of choice for leading Cypriot banks and financial institutions, preeminent foreign commercial and development banks, multinational corporations, global technology firms, international law firms, private equity funds, credit agencies, and asset managers.
We recently advised our client Medicover in concluding a strategic agreement with NIPD Genetics under which the two companies will cooperate ...
Cyprus Food, Drugs, Healthcare, Life Sciences

We recently advised our client Medicover in concluding a strategic agreement with NIPD Genetics under which the two companies will cooperate to provide NIPD Genetics' VERACITY and VERAGENE non-invasive prenatal examinations to the Medicover network and other new markets and to design and develop new genetic tests in the prenatal, postnatal, neonatal, oncological and other fields, jointly offering a comprehensive portfolio of advanced diagnostics.

Medicover is a leading international healthcare and diagnostic services company with operations in Poland, Germany, Romania, Ukraine and other markets in Western Europe, Central and Eastern Europe and other emerging markets. It offers a broad range of high quality healthcare services and a significant hub-and-spoke diagnostic laboratory network, all underpinned by a sophisticated proprietary IT infrastructure. In 2017, Medicover had revenue of around € 580 million and 15,900 employees.

NIPD Genetics is an innovative biotechnology company based in Cyprus and is active in the design, development and manufacture of non-invasive genetic tests. NIPD Genetics was established in 2011 and offers in-vitro diagnostic solutions and non-invasive prenatal screening.

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