Macrogen, Inc. (038290.KQ)

CryptoLab Signs a Contract to Supply Cutting-Edge Homomorphic Encryption Technology to Macrogen

CryptoLab, a pioneer of fully homomorphic encryption (FHE) technology has announced the signing of a three-year supply contract with Macrogen, Korea's largest genetic data analysis company. This landmark agreement was a huge milestone of FHE technology, which will be integrated into Macrogen's personalized genomic analysis services to ensure the highest level of data privacy for their customers.