Personalis Receives Medicare Coverage for NeXT Personal® in Lung Cancer Surveillance
Lung cancer coverage, supported by data from the landmark TRACERx collaboration, follows recent approval in breast cancer, providing access to Medicare patients.
This coverage determination is grounded in clinical evidence generated through the company’s collaboration with the TRACERx (TRAcking Cancer Evolution through therapy (Rx)) consortium. Data from this world-renowned longitudinal study, recently published in Cell, demonstrated NeXT Personal's ability to identify residual disease with high accuracy, validating the test’s clinical performance in lung cancer.
Lung cancer remains the leading cause of cancer death in
"Securing Medicare coverage for lung cancer surveillance is a big step forward on two fronts: it broadens patient access to NeXT Personal for one of the most common cancers in the US, and it is a catalyst for our continuing growth," said
NeXT Personal leverages whole-genome sequencing and advanced noise-suppression technology to achieve ultrasensitivity by tracking up to ~1800 mutations that represent a unique fingerprint of a patient’s tumor. NeXT Personal provides clinicians with a reliable and consistent recurrence and residual disease monitoring tool in lung cancer, where shedding of ctDNA can be low and hard to detect.
“Lung cancer survivors often live with enormous uncertainty, with worry about recurrence,” said Dr.
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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts, including statements relating to: the attributes, advantages, sensitivity, and clinical relevance of the NeXT Personal test, the duration of Medicare coverage in the surveillance setting, our ability to achieve continued growth and expand our commercial footprint, our ability to drive a new paradigm for cancer management, and the design of Personalis’ products. Such forward-looking statements involve known and unknown risks and uncertainties and other factors that may cause actual results to differ materially from any anticipated results or expectations expressed or implied by such statements, including the risks, uncertainties and other factors that relate to Personalis’ ability to demonstrate attributes, advantages or clinical validity of the NeXT Personal test, including the NeXT Personal MRD assay remaining unique in its ability to detect traces of cancer in the ultrasensitive range; future clinical data differing from the clinical data previously presented or expected results; the rate of adoption and use of the NeXT Personal test; changes in health care policy, which could increase Personalis’ costs, decrease Personalis’ revenue, and impact sales of and reimbursement for Personalis’ tests; the impact of competition and macroeconomic factors on Personalis’ business; having a limited number of suppliers; and customer concentration. These and other potential risks and uncertainties that could cause actual results to differ materially from the results predicted in these forward-looking statements are described under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Personalis’ Annual Report on Form 10-K for the year ended
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