tiprankstipranks
CareDx: dd-cfDNA molecular testing service receives Medicare coverage
The Fly

CareDx: dd-cfDNA molecular testing service receives Medicare coverage

CareDx announced that CareDx’s AlloSure Lung donor-derived cell-free DNA or dd-cfDNA, molecular testing service has received Medicare coverage. The MolDX technology assessment program has determined that AlloSure Lung will be covered under the existing Medicare Local Coverage Determination for Molecular Testing for Solid Organ Allograft Rejection for use in the surveillance setting in lung transplant patients, effective May 9, 2023.1 “CareDx was the first to receive MolDX coverage of dd-cfDNA with AlloSure for kidney and heart transplant patients, and we are now proud to be the first approved for lung transplant patients. We are 100% committed to transplant patients and today’s milestone approval represents a monumental day for lung transplant patients,” said Reg Seeto, CEO and President of CareDx. “Notably, in 2021, we were the first in the field to deliver this type of non-invasive solution to monitor rejection in lung transplantation. We did so because of the significant unmet need where it is estimated that 1 in 2 lung transplant patients are expected to have their transplant fail five years post-transplant.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on CDNA:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles