Country for PR: Japan
Contributor: Kyodo News JBN
Tuesday, April 10 2018 - 16:00
Genesis Healthcare, Leader of Genetic Testing in Japan, Announces Asia Expansion Plans
TOKYO, Apr. 10, 2018 /Kyodo JBN-AsiaNet / --

Genesis Healthcare Co., Japan's leading genetic testing company, has announced 
its plans to expand into 8 Asian countries and regions through the 
establishment of a wholly-owned subsidiary, Genesis Healthcare Asia Pte. Ltd., 
in Singapore. The new entity started operations on April 2, 2018, with a branch 
in Taiwan. Operations in other countries and regions are expected to follow.


Planned expansion into Asia

Genesis Healthcare has built the largest private genetic databases comprising 
the Japanese population in East Asia, mainly eight Asian countries and regions 
(Hong Kong, Singapore, Taiwan, Malaysia, Indonesia, the Philippines, Thailand 
and Vietnam), since 2015. Given that demand for its genetic testing services 
has drastically increased in the last several years from neighboring Asian 
countries and regions, Genesis Healthcare Asia Pte. Ltd. will serve as the hub 
in Asia to offer its proprietary genetic research and genetic testing services 
across Asia in the areas of clinical and consumer testing.

Subsidiary information
--Singapore Branch
Company name: Genesis Healthcare Asia Pte. Ltd.
Location	: Singapore
Address: 20 Cecil St #23-05 PLUS Singapore 049705
Telephone: +65-6904-4936

--Taiwan Branch
Location: Taiwan
Address: 2F., No.394, Sec. 1, Keelung Rd., Xinyi Dist., Taipei City 110,
Telephone: +886-2-5568-6565
Regional Head: Takafumi Miyabe
Business Activity: Genetic testing service and gene analysis business
Date of establishment: April 2, 2018
Shareholder: Genesis Healthcare Co. (100%)

East Asia Official Site (English version):

About Genesis Healthcare Co.
Genesis Healthcare Co., founded in 2004, is celebrating its 15th year this 
year. The company is known as the biggest player specializing in genetic 
research and analysis (for private and medical). It has the largest genetic 
database domestically (including Asia) based on its own analysis and 
collaborative research achievements for many years, and the company is doing 
its own research aimed at a wide range of medical and research institutions, 
etc. In addition, through its daily progressive research, it aims to enrich the 
life of everyone through its consumer-oriented inspection kit "GeneLife" and 
its services. The company's President is Dr. Iri Sato-Baran.

Major shareholders: Rakuten, Inc., Mitsui & Co., Ltd., Omron Healthcare Co., 
Ltd., etc.


SOURCE: Genesis Healthcare Co.