Cancer Genetics, Inc. Announces Record Revenue for Fourth Quarter and Full-Year 2016 and Provides 2017 Business Update

Full-year 2016 revenues up 50% year-over-year to $27 million from $18 million
Fourth quarter revenues up 32% year-over-year on strong organic growth to $7.2 million
Fourth quarter gross profit margins expand over three-fold to 41% compared to 13% for the same quarter of 2015
Full-year 2016 gross profit margins were 37% up from 22% for the full-year of 2015
Fourth quarter 2016 net loss reduced by 51% as compared to fourth quarter 2015 and improves pathway to profitability
CGI is working with 9 of the top 10 global pharmaceutical and biotech companies
CGI is powering over 125 active clinical trials and studies with 36 focused in immuno-oncology
Read more: Cancer Genetics Inc ( CGIX )

HTG Molecular Diagnostics Unveils New Direct-Target Sequencing Chemistry to Launch in First Quarter 2017

TUCSON, Ariz., Feb. 27, 2017  -- HTG Molecular Diagnostics, Inc. (Nasdaq:HTGM)("HTG"), a provider of instruments, reagents and services for molecular profiling applications announced that its new direct-target sequencing chemistry will be available in the company’s VERI/O laboratory as a service offering beginning in the first quarter of 2017.  The new chemistry is designed for direct sequencing of specified DNA and, in the future, RNA targets with the same high sensitivity and specificity as the company’s current HTG EdgeSeq chemistry applications. The initial panel planned for the VERI/O laboratory will detect common mutations in the EGFR, KRAS and BRAF genes for retrospective research studies especially from small and difficult samples, such as formalin-fixed, paraffin-embedded (FFPE) tissue.
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Interpace Diagnostics Announces Agreement with Blue Cross Blue Shield (BCBS) "Center for Clinical Effectiveness" to Support Enhanced Coverage

PARSIPPANY, N.J., Jan. 3, 2017 -- Interpace Diagnostics Corp. (NASDAQ: IDXG), a company that provides clinically useful molecular diagnostic tests and pathology services for evaluating risks of cancer, announced today that the Company has entered in to an Agreement with the Blue Cross Blue Shield (BCBS) Association's Center for Clinical Effectiveness "Evidence Street", a program that, while not making coverage decisions, provides the Company with the opportunity to provide available evidence for its molecular Thyroid and Pancreas tests, to support further coverage determinations among Blue Cross Blue Shield and other health plans. Blue Cross Blue Shield's 36 independent plans and Companies account for approximately 106 million covered lives in the U.S. 
 
As part of the Agreement, Interpace will work with Evidence Street to develop the optimal ways for the Company to secure and preserve ongoing coverage for not only its currently marketed products but also for those tests in the pipeline being launched in the near future. All of Interpace's currently marketed products are covered regionally by Medicare and numerous commercial plans, including certain BCBS plans. 
Read more: Interpace Diagnostics Corp ( IDXG )

Interpace Diagnostics Announces Launch of Combination Thyroid Test Study

Patient Registry of ThyGenX and ThyramiR Designed to Further Validate Combination Test's Clinical Utility
 
PARSIPPANY, N.J., Dec. 13, 2016 -- Interpace Diagnostics Corp. (NASDAQ: IDXG), a company that provides clinically useful molecular diagnostic tests and pathology services, announced today that the Company has launched a multi-site study to provide further evidence of the Clinical Utility of the ThyGenX/ThyramiR tests in accurately identifying malignancy or benign status in indeterminate thyroid nodules.  The primary objective of the study is to demonstrate the real world clinical utility of the test, i.e. the degree to which the tests impact physician decision-making and positively affect patient outcomes.  To date, the Company has performed the combination assay on over 5,000 patients on behalf of over 200 physicians and hospitals nationwide. 
Read more: Interpace Diagnostics Corp ( IDXG )

Interpace Diagnostics Announces New Aetna Coverage Policy

Aetna Issues Favorable Coverage Policy for ThyraMir™ for Indeterminate Thyroid Nodules
 
PARSIPPANY, N.J., Dec. 8, 2016  -- Interpace Diagnostics Corp. (NASDAQ: IDXG), a company that provides clinically useful molecular diagnostic tests and pathology services, announced today that Aetna, the third largest health plan in the United States, has agreed to cover Interpace's ThyraMir™ test for all of Aetna's 46 million members nationwide, with coverage effective immediately.  Interpace's ThyGenX™ and ThyraMir thyroid assays are now covered for approximately 200 million patients nationwide, including through Medicare, National, and Regional health plans.
Read more: Interpace Diagnostics Corp ( IDXG )