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Genetic Technologies launching US customer digital media sales campaign

Published 28/02/2024, 11:15 am
© Reuters.  Genetic Technologies launching US customer digital media sales campaign
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Genetic Technologies Limited (ASX:GTG, NASDAQ:GENE, OTC:GNTLF) is launching a wide-reaching customer-targeted digital advertising campaign in the United States to drive consumer-initiated testing (CIT) for the company’s geneType Risk Assessment Tests.

This campaign is set to commence at the end of next month and will scale up throughout the rest of the year.

The customer-targeted campaign will launch across multiple digital channels, initially in the US, and will include a mix of earned organic content, paid media and creator content. A contemporary specialist team has been assembled to roll out the campaign.

The US wellness testing market is projected to reach $4.9 billion by 2032 from $878.9 million in 2022 with an annual growth rate of 18.86%. The company’s strategy ensures that its geneType risk assessment test portfolio will be able to access this segment of the rapidly growing market in the US.

Strategic advisor Dr Malcolm Bohm

The initiative is being led by Dr Malcolm Bohm, who has recently been appointed strategic advisor.

Bohm, who is based in Southern California, has deep experience in customer marketing in the pharmaceuticals, diagnostics and medical devices sector. He has built unique expertise in launching disruptive technologies, with a focus on women’s health.

"I'm excited to join the team, said Bohm. "I strongly believe in informing consumers about health risks and geneType tests offer unique insights.

"Currently, people are more motivated to prioritise wellness over facing preventable deadly diseases. This aligns with the campaigns I've led throughout my career."

geneType

Genetic Technologies’ geneType brand offers integrated risk testing for a range of serious conditions.

Predicting a person’s risk of developing one or more of these diseases allows for the implementation of personalised preventive health plans to manage risk, increasing the chance of early detection and intervention, significantly improving patient outcomes and ultimately saving lives.

“If you knew you are at moderate to high risk of up to seven potentially fatal cancers, coronary artery disease, atrial fibrillation or diabetes you should be very highly motivated to find ways to reduce your risk and prevent disease,” said Genetic Technologies CEO Simon Morriss.

“We believe driving awareness of our testing via the digital channels and using the creator economy will accelerate adoption of our tests.

"Using platforms like Meta, YouTube and TikTok where customers are naturally engaging in healthcare content will be an important accelerator of our messaging and will help us communicate with more people quickly.”

Genetic Technologies believes the more customers are aware of genetic-based risk testing for serious diseases the more they will be empowered to take positive control of their health. It continues to market geneType to healthcare professionals and healthcare systems in Australia and the US.

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