BioNexus Gene Lab Completes Strategic Transaction with Fidelion Diagnostics
BioNexus Gene Lab announced the completion of its strategic transaction with Fidelion Diagnostics and Tongshu Biotechnology. With the closing of the agreements, BGLC has become a strategic shareholder in Fidelion Diagnostics and secured exclusive commercial rights for the VitaGuard Tumor-Naive Minimal Residual Disease liquid biopsy platform across Southeast Asia. BGLC has acquired a 15% equity position in Fidelion Diagnostics, the company that holds the exclusive global commercial rights to the VitaGuard Tumor-Naive AI-oncology platform. This investment provides BGLC shareholders with direct participation in Fidelion's international expansion and future capital markets trajectory, including potential private financing rounds or a future "Qualified Financing Event," which the agreements specifically include listing on Nasdaq or NYSE as options. Simultaneously, BGLC has obtained exclusive, perpetual rights to manufacture, market, and distribute VitaGuard across all ASEAN markets, solidifying the Company as the sole provider of this advanced liquid biopsy technology in one of the world's fastest-growing oncology regions.
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BioNexus Launches VitaGuard™ Deployment Phase for Oncology Monitoring
- Technological Breakthrough: BioNexus Gene Lab Corp. has officially commenced the 2026 Deployment Phase for its VitaGuard™ Minimal Residual Disease platform, aiming to replace high-cost monitoring systems in Southeast Asia, which is expected to significantly reduce cancer monitoring costs and enhance market competitiveness.
- Economic Impact: By leveraging proprietary cfDNA recovery and high-frequency sequencing workflows, VitaGuard™ aims to lower testing costs below $3,000, making it more accessible to Southeast Asia's 680 million population, thereby enhancing economic flexibility for regional healthcare systems.
- Data-Driven Approach: The 2026 deployment is viewed as a
BioNexus Gene Lab Corp. Secures $500 Million Equity Purchase Agreement with ARC Group
- Enhanced Financial Flexibility: BioNexus Gene Lab Corp. has entered into a $500 million equity purchase agreement with ARC Group, which is expected to provide long-term capital to support the commercialization of precision oncology diagnostics and CDMO services across Southeast Asia.
- Strengthened Strategic Partnership: The agreement allows BioNexus to issue shares at its discretion over the next 36 months, enhancing its competitive position in the oncology testing and biologics production sectors.
- Technology Platform Expansion: The exclusive licensing agreement with Fidelion Diagnostics to commercialize the VitaGuard™ MRD platform will be supported by ARC's funding, facilitating clinical adoption in Malaysia, Singapore, Indonesia, and Thailand.
- Support for CDMO Transformation: This financing will enable BioNexus to invest in quality system upgrades and manufacturing capacity, aligning its operations with global CDMO standards and enhancing overall business capabilities.
