Horse gene test goes Down Under
Equinome, the company behind the 'speed gene' test for thoroughbred racehorses, is to open an office in Australia to cater for growing demand in the Asia-Pacific region.
The genomic test is used to predict whether a racehorse will be best suited to short, sprint-type races or longer, stamina-type races.
The UCD spin-out company was set up in 2009 by UCD genomics scientist Dr Emmeline Hill and renowned racehorse trainer and breeder Jim Bolger.
Equinome has already secured clients in USA, Australia, New Zealand, Hong Kong, Ireland, UK, France, Russia and Singapore.
In recent months, major Australian stallion farms Widden Stud and Swettenham Stud have begun to market their stallions with their results from Equinome's genetic tests.
Managing director Donal Ryan said rapid growth in the Asia-Pacific region meant it was necessary to establish a permanent base there.
"Australia and New Zealand are world leaders in the bloodstock industry and home to many of the world's finest thoroughbred racehorses, and we look forward to continuing to work closely with many of the top breeding and training operations here while expanding our regional presence," he said.
The announcement was made at an Enterprise Ireland event in Sydney, attended by Minister for Transport, Tourism and Sport, Leo Varadkar.