Alerted on D&R, $RNVA 0.275 0.00 0.00 333,850
Post# of 22755
Posted On: 07/20/2016 9:19:11 AM
Re: Rhythm Guitar #12192
Alerted on D&R, $RNVA 0.275 0.00 0.00 333,850 0.29 0.295
News,
Rennova Health Acquires Hartford Healthcare Corporation's Interest in Genomas
14 minutes ago - DJNF
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--July 20, 2016--
Rennova Health, Inc. (NASDAQ:RNVA) (NASDAQ:RNVAW), a vertically integrated provider of industry-leading diagnostics and supportive software solutions to healthcare providers, announces the $250,000 cash purchase of all outstanding Genomas assets held by Hartford Healthcare Corporation of Hartford, Conn. The Genomas assets are comprised of an aggregate of $1,000,000 convertible promissory notes; 500,000 shares of Series A Preferred Stock of Genomas; 345,000 shares of Series B Preferred Stock of Genomas; and, intellectual property. Genomas, based in Hartford, is the developer of revolutionary PhyzioType Systems for DNA-guided management and prescription of drugs used to treat mental illness, pain, heart disease and diabetes.
Rennova Health previously announced in March 2016 that it had partnered with Genomas on the launch of a series of pharmacogenetics tests that are performed via an FDA-approved in vitro diagnostic (IVD) genotyping kit developed by Genomas and performed in Genomas' laboratory. In conjunction with this agreement, Rennova has renewed and extended Genomas' existing laboratory lease agreement with Hartford Hospital.
"This transaction further solidifies the diversification of our core diagnostics business to combine modern science and technology to deliver precision diagnostics to practitioners that enables them to provide better treatment to their patients," said Seamus Lagan, CEO of Rennova Health, Inc. "By assuming Hartford Healthcare Corporations' ownership in and liabilities from Genomas we significantly strengthen our existing relationship with Genomas' and expect to accelerate our provision of diagnostics for DNA-guided management and prescription of drugs so that physicians may select the safest and most effective drug to achieve treatment goals and enhance patient compliance. This will also help to reduce healthcare costs. We expect additional benefit from this relationship by offering our current Rennova products and services to Genomas customers," Mr. Lagan added.
About Rennova Health, Inc.
Rennova Health, Inc. (NASDAQ: RNVA) provides industry-leading diagnostics and supportive software solutions to healthcare providers, delivering an efficient, effective patient experience and superior clinical outcome. Through an ever-expanding group of strategic brands that work in unison to empower customers, we are creating the next generation of healthcare. For more information about Rennova Health, Inc., visit www.rennovahealth.com.
Rennova Health Safe Harbor Statement
This press release includes forward-looking statements about Rennova Health's anticipated results that involve risks and uncertainties, including statements regarding our expectations with respect to the completion of our proposed public offering and the gross proceeds from the offering. These statements are subject to significant risks and uncertainties, actual results could differ materially from those projected and Rennova Health cautions investors not to place undue reliance on the forward-looking statements contained in this release. There can be no assurance that Rennova Health will be able to complete the offering on the anticipated terms, or at all. Risks and uncertainties relating to Rennova Health and this offering can be found in the "Risk Factors" section of the preliminary prospectus and final prospectus related to such proposed offering to be filed with the SEC. Rennova Health undertakes no obligation to update or revise any such forward-looking statements to reflect subsequent events or circumstances, except as may be required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160720005716/en/
CONTACT: Rennova Health
Sebastien Sainsbury, 561-666-9818
ssainsbury@rennovahealth.com
Investors
LHA
Kim Golodetz, 212-838-3777
Kgolodetz@lhai.com
or
Bruce Voss, 310-691-7100
Bvoss@lhai.com
SOURCE: Rennova Health, Inc.
Copyright Business Wire 2016
(END) Dow Jones Newswires
July 20, 2016 09:04 ET (13:04 GMT)
News,
Rennova Health Acquires Hartford Healthcare Corporation's Interest in Genomas
14 minutes ago - DJNF
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--July 20, 2016--
Rennova Health, Inc. (NASDAQ:RNVA) (NASDAQ:RNVAW), a vertically integrated provider of industry-leading diagnostics and supportive software solutions to healthcare providers, announces the $250,000 cash purchase of all outstanding Genomas assets held by Hartford Healthcare Corporation of Hartford, Conn. The Genomas assets are comprised of an aggregate of $1,000,000 convertible promissory notes; 500,000 shares of Series A Preferred Stock of Genomas; 345,000 shares of Series B Preferred Stock of Genomas; and, intellectual property. Genomas, based in Hartford, is the developer of revolutionary PhyzioType Systems for DNA-guided management and prescription of drugs used to treat mental illness, pain, heart disease and diabetes.
Rennova Health previously announced in March 2016 that it had partnered with Genomas on the launch of a series of pharmacogenetics tests that are performed via an FDA-approved in vitro diagnostic (IVD) genotyping kit developed by Genomas and performed in Genomas' laboratory. In conjunction with this agreement, Rennova has renewed and extended Genomas' existing laboratory lease agreement with Hartford Hospital.
"This transaction further solidifies the diversification of our core diagnostics business to combine modern science and technology to deliver precision diagnostics to practitioners that enables them to provide better treatment to their patients," said Seamus Lagan, CEO of Rennova Health, Inc. "By assuming Hartford Healthcare Corporations' ownership in and liabilities from Genomas we significantly strengthen our existing relationship with Genomas' and expect to accelerate our provision of diagnostics for DNA-guided management and prescription of drugs so that physicians may select the safest and most effective drug to achieve treatment goals and enhance patient compliance. This will also help to reduce healthcare costs. We expect additional benefit from this relationship by offering our current Rennova products and services to Genomas customers," Mr. Lagan added.
About Rennova Health, Inc.
Rennova Health, Inc. (NASDAQ: RNVA) provides industry-leading diagnostics and supportive software solutions to healthcare providers, delivering an efficient, effective patient experience and superior clinical outcome. Through an ever-expanding group of strategic brands that work in unison to empower customers, we are creating the next generation of healthcare. For more information about Rennova Health, Inc., visit www.rennovahealth.com.
Rennova Health Safe Harbor Statement
This press release includes forward-looking statements about Rennova Health's anticipated results that involve risks and uncertainties, including statements regarding our expectations with respect to the completion of our proposed public offering and the gross proceeds from the offering. These statements are subject to significant risks and uncertainties, actual results could differ materially from those projected and Rennova Health cautions investors not to place undue reliance on the forward-looking statements contained in this release. There can be no assurance that Rennova Health will be able to complete the offering on the anticipated terms, or at all. Risks and uncertainties relating to Rennova Health and this offering can be found in the "Risk Factors" section of the preliminary prospectus and final prospectus related to such proposed offering to be filed with the SEC. Rennova Health undertakes no obligation to update or revise any such forward-looking statements to reflect subsequent events or circumstances, except as may be required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160720005716/en/
CONTACT: Rennova Health
Sebastien Sainsbury, 561-666-9818
ssainsbury@rennovahealth.com
Investors
LHA
Kim Golodetz, 212-838-3777
Kgolodetz@lhai.com
or
Bruce Voss, 310-691-7100
Bvoss@lhai.com
SOURCE: Rennova Health, Inc.
Copyright Business Wire 2016
(END) Dow Jones Newswires
July 20, 2016 09:04 ET (13:04 GMT)
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I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
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