Shares of Interpace Diagnostics Group (NASDAQ: IDXG) are 29.5% higher mid-day, moving on volume of 24.2 million, after the company this morning said that its ThyraMIR® test for indeterminate thyroid nodules will now be covered by Oxford Health Plans, effective August 1, 2017. Oxford Health Plans is a UnitedHealthcare company that offers health care benefits to employers and individuals predominantly in the heavily populated tri-state region of New York, New Jersey, and Connecticut. The addition of Oxford’s members brings the total lives covered to 250 million nationwide. “We are pleased that Oxford has joined the growing list of health plans that cover ThyraMIR and their members in New York, New Jersey, and Connecticut will now have access to its benefits,” Interpace Diagnostics president and CEO Jack E. Stover stated in the news release.
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About Interpace Diagnostics Group, Inc.
Interpace Diagnostics is a fully integrated commercial company that provides clinically useful molecular diagnostic tests and pathology services for evaluating risk of cancer by leveraging the latest technology in personalized medicine for better patient diagnosis and management. The company currently has three commercialized molecular tests; PancraGEN® for the diagnosis and prognosis of pancreatic cancer from pancreatic cysts; ThyGenX, for the diagnosis of thyroid cancer from thyroid nodules utilizing a next generation sequencing assay and ThyraMIR, for the diagnosis of thyroid cancer from thyroid nodules utilizing a proprietary gene expression assay. Interpace Diagnostics’ mission is to provide personalized medicine through molecular diagnostics and innovation to advance patient care based on rigorous science. For more information, visit www.interpacediagnostics.com.
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