CENTOGENE Reports Record Fourth Quarter and Full Year 2020 Financial Results - Seite 2
Financial Highlights
- Revenues more than doubled in 2020 compared to 2019 for a record €128.4 million
- Q4 2020 revenues nearly quadrupled year-over-year to a record €70.3 million
- Commercial COVID-19 testing contributed €59.8 million in revenues in Q4 2020, up from €27.4 million in Q3 2020
- Achieved highest annual adjusted EBITDA in Company’s history
- Pharma revenues decreased 21%, while Clinical Diagnostics revenues (excl. COVID) decreased 19% compared to FY 2019
Business Highlights
Throughout 2020 and into 2021, CENTOGENE has continued solidifying its leading position in the rare disease space:
Pharma
Pharma Collaborations
- Steady momentum of new pharma partnerships, with 16 new deals signed in 2020, including nine on clinical trial support and five on sponsored genetic testing
- Continued expansion of database- and biobank-related pharma collaborations further strengthens the Company’s ability to advance the areas of genetic diagnostics, clinical trial support and patient classification, and target and drug discovery
Clinical Studies
- CENTOGENE currently has 16 ongoing observational clinical studies and longitudinal observational clinical studies to validate/monitor biomarkers, covering several disease categories, such as Parkinson’s disease, transthyretin amyloidosis, and inborn errors of metabolism
- The Company recently reached a key milestone of 10,000 participants in its global Parkinson’s disease study (Rostock International Parkinson's Disease (ROPAD) Study). In 2018, CENTOGENE entered into a strategic collaboration with Denali Therapeutics for the targeted global identification and recruitment of Parkinson’s disease patients with mutations in the LRRK2 gene
Diagnostics
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Order Intake
- The sample order intakes number for the core Diagnostics segment decreased by 19% compared to 2019. The most significant impact was in H1 2020, and sample order
intake demonstrated an upward trend in H2 2020, with Q4 2020 being nearly on par with Q4 2019
Scientific Publications
- CENTOGENE’s scientific study underlining the power of Genome Sequencing (GS) as a first-line, stand-alone diagnostic test was selected as the European Journal of Human Genetics Editor’s Choice 2021 and Reader’s Choice 2020
- In 2020, the Company authored 55 peer-reviewed scientific publications focused on several diseases, including Gaucher and Fabry, as well as the advancements of diagnostic technologies, such as Whole Genome Sequencing
COVID-19
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