KUALA LUMPUR (Oct 26): Genomics and biopharmaceutical specialist Malaysian Genomics Resource Centre Bhd (MGRC) has teamed up with American Spine Centre, Wellness By Design FZ LLC, Balsam Health Services and IAC International LLC to market and distribute the group's Dtect® range of genetic screening services in the United Arab Emirates (UAE).

In a bourse filing on Wednesday (Oct 26), MGRC said it has signed a strategic collaboration agreement (SCA) with the four parties to enable them to collaborate, explore and monetise MGRC’s products in the UAE. The collaboration will be for one year.

“The collaboration will allow the parties to coordinate their efforts in the development and marketing of the Dtect® range of genetic screening services of MGRC within the UAE,” it added.

MGRC shares closed unchanged at 67 sen on Wednesday, bringing the company a market capitalisation of RM83.22 million.