Premaitha Vows to Recover $970K From Bankrupt Swiss Customer Genoma, Take Over NIPT Business

May 12, 2017

NEW YORK (GenomeWeb) – Premaitha Health said today that its Swiss customer Genoma has been placed into bankruptcy, allowing the firm to recover payments it is owed by Genoma and to sell its noninvasive prenatal Iona test to Genoma's customers.

UK-based Premaitha said Genoma owes it £750,000 ($970,000) and that it had asked the Swiss courts to place Genoma into bankruptcy for non-payment of debts. The firm said that the Swiss commercial register today confirmed the ruling in favor of Premaitha's application.

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