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Prenetics Announces Dr. Bayju Thakar as Chief Executive Officer of Prenetics

Key Takeaway: Prenetics Global Limited has appointed Dr. Bayju Thakar as the new CEO of Prenetics EMEA. This leadership change is strategic, aimed at leveraging Thakar's extensive experience in healthcare to enhance Prenetics' operations in the UK and EMEA markets. Thakar, a co-founder of UK’s largest telehealth business, is expected to significantly contribute to the growth of Prenetics by focusing on a variety of healthcare opportunities, including personalized cancer diagnostics and IVF services. The company aims to strengthen its position in healthcare while continuing to innovate in genomic and diagnostic testing.

Market Sentiment Analysis

POSITIVE FACTORS

  • Dr. Bayju Thakar brings over 20 years of healthcare and digital health experience.
  • The appointment aims to capitalize on Prenetics' ambitions in the complex EMEA market.
  • Prenetics possesses a strong balance sheet which will facilitate both organic and inorganic growth.

Full Press Release Details

Prenetics Announces Dr. Bayju Thakar as Chief Executive Officer of Prenetics EMEA
LONDON AND HONG KONG, January 19, 2023 Prenetics Global Limited (NASDAQ: PRE) a leader in genomic and diagnostic testing, today announced an
executive leadership change to ensure the company realizes the full potential of its broad genetics and digital testing platform and as a commitment to the EMEA market. To be effective immediately, Dr. Bayju Thakar is appointed as CEO and shall
join the board of directors for Prenetics EMEA Limited ( Prenetics EMEA ), a wholly owned subsidiary of Prenetics Global Limited.
Prenetics has strong ambitions in the UK and EMEA markets. They are highly complex healthcare markets, which require very specific domain expertise and
networks to thrive. Bayju understands the healthcare system dynamics incredibly well and is the ideal leader to significantly grow our EMEA business, creating value for all stakeholders. I am delighted to welcome Bayju Thakar as CEO of Prenetics
EMEA. Bayju s vast digital health, medical, and operating experience as co-founder and ex-CEO of Doctor Care Anywhere, UK s largest telehealth primary care
business with more than 2 million lives, will help Prenetics Global build a leading modern health ecosystem in EMEA and globally , said Danny Yeung, Chief Executive Officer of Prenetics Global Limited.
Dr. Bayju Thakar, Chief Executive Officer, EMEA said I am honored to take on the EMEA CEO role and lead Prenetics forward at this important
inflection point. I look forward in partnering with Danny to build upon our strong foundation and further position Prenetics as a leader in healthcare. The expertise of our team and Prenetics strong balance sheet will enable us to pursue both
organic and inorganic growth across a number of major healthcare opportunities, including primary and secondary care clinical services, IVF / fertility, and personalized cancer diagnostics.
Dr. Bayju Thakar Biography
than 20 years of healthcare and digital health, M&A, strategic partnerships and board experience. Most recently, Dr. Thakar served as Co-Founder and former CEO of Doctor Care Anywhere Group PLC,
UK s largest telehealth primary care business with more than 2 million lives under coverage. Dr. Thakar trained as a medical doctor at King s College, London, and then practised in both General and Emergency medicine before a
move to consulting at McKinsey & Company.
Founded in 2014, Prenetics is a major global diagnostic and genetic testing company with the mission to bring health closer to millions of people globally and
decentralize healthcare by making the three pillars Consumer Health, Clinical Care and Medical & Cancer Genomics comprehensive and accessible to anyone, at anytime and anywhere. Prenetics is led by visionary entrepreneur,
Danny Yeung, with operations across nine locations, including The United Kingdom, Hong Kong, India, South Africa, and Southeast Asia. Prenetics develops consumer genetic testing and early colorectal cancer screening and provides COVID-19 testing, rapid point of care and at-home diagnostic testing and medical genetic testing. Prenetics is listed on NASDAQ with the ticker PRE. To learn more about
Prenetics, visit www.prenetics.com.
Investor Relations Contact:
ICR Westwicke:
Caroline Corner +415 202 5678 Email: caroline.corner@westwicke.com
Media contact:
Strategic Public Relations Group
Corinne Ho +852 2114 4911 Email: corinne.ho@sprg.com.hk
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases,
you can identify forward-looking statements by terminology such as believe, may, will, estimate, continue, anticipate, intend, should, plan,
expect, predict, potential, or the negative of these terms of other similar expressions. Forward-looking statements are based on Prenetics expectations and assumptions as of the date of this press release
and are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements. Actual results may differ materially from those indicated by such forward-looking
statements as a result of various important factors, including but not limited to: Prenetics ability to execute its strategies, manage growth and maintain its corporate culture as it grows; the regulatory environment and changes in laws,
regulations, or policies in which Prenetics operates; Prenetics ability to successfully compete in highly competitive industries and markets; Prenetics ability to continue to adjust its offerings to meet market demand; Prenetics ability
to attract customers to choose its products and services and grow its ecosystem; political instability in the jurisdictions in which Prenetics operates; and the overall economic environment and general market and economic conditions in the
jurisdictions in which Prenetics operates. In addition to the foregoing factors, you should also carefully consider the other risks and uncertainties included in Prenetics filings with the U.S. Securities and Exchange Commission (the
SEC ) from time to time.
Forward-looking statements speak only as of the date they are made. Prenetics does not undertake any obligation to
update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required under applicable law.

Frequently Asked Questions

Who is the new CEO of Prenetics EMEA?

Dr. Bayju Thakar has been appointed as the CEO of Prenetics EMEA.

What is Bayju Thakar's background in healthcare?

Dr. Thakar has over 20 years of experience in healthcare and digital health.

What are Prenetics' main areas of focus?

Prenetics focuses on consumer health, clinical care, and medical genomics.

When was Prenetics founded?

Prenetics was founded in 2014 and is a global diagnostics company.

Where does Prenetics operate?

Prenetics operates in the UK, Hong Kong, India, South Africa, and Southeast Asia.

Last updated: Jan 19, 2023