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IN BRIEF: Oxford BioDynamics wins US reimbursement code for EpiSwitch

Tue, 05th Jul 2022 15:48

Oxford BioDynamics PLC - Oxford-based biotechnology firm focused on discovery and development of epigenetic biomarkers - Issued a proprietary laboratory code by the American Medical Association's Current Procedural Terminology Editorial Board. The code was issued for the EpiSwitch Checkpoint-inhibitor Response Test, a test which predicts a patient's likely response to immune checkpoint inhibitor therapy.

"Assignment of this unique code is a critical step in the reimbursement process. This code will be effective on October 1 for all requests for insurance reimbursement, whether from Medicare, Medicaid or private payors," said Chief Operating Officer Thomas Guiel.

Current stock price: 13.94 pence, up 2.1% on Tuesday in London

12-month change: down 75%

By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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