CORRECT Pacific Edge US lab complete, seeks regulatory approval

Tue, 16 Oct 2012

(Fixes timeframe for new high in share price in 4th par) By Hannah Lynch Oct. 17 (BusinessDesk) - Pacific Edge, the Dunedin-based DNA diagnostic test company, has completed work on its US-based laboratory on-schedule and on-budget and it now seeking regulatory approval for the building. The purpose-built laboratory in Hershey, Pennsylvania, cost US$3.7 million and is expected to be fully operational by March 2013. It has to be approved by the Clinical Laboratory Improvement Amendment. The lab has a capacity to do 260,000 tests a year and wi...

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