Genetic Technologies And Wellworks For You Sign B2b Sales & Marketing Deal Covering 750 Employer Groups And 2M U.S. Employees
Portfolio Pulse from Charles Gross
Genetic Technologies Limited (GTG) has signed a strategic joint sales & marketing agreement with Wellworks for You Inc., aiming to incorporate GTG's geneType portfolio of tests into Wellworks' employee wellness solutions. This deal covers 750 employer groups and provides access to over 2 million U.S. employees.

May 06, 2024 | 10:18 am
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POSITIVE IMPACT
The partnership with Wellworks for You Inc. could significantly expand the market reach of GTG's geneType tests, potentially increasing revenue and market presence in the U.S.
The agreement with Wellworks for You Inc. directly impacts Genetic Technologies by potentially increasing its product uptake and market penetration in the U.S. Given the scale of the deal, covering 750 employer groups and over 2 million employees, it's likely to have a positive short-term impact on GTG's stock as it opens significant new revenue streams and enhances the company's visibility in the health and wellness sector.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90