Thank you for Subscribing to CIO Applications Weekly Brief
Thank you for Subscribing to CIO Applications Weekly Brief
Interpace Diagnostics has been recognized by CIO Applications Magazine as the exclusive recipient of “Top 20 Bioinformatics Solution Companies - 2017,” based on our proprietary methodology, reflecting its position in the industry, and is also named among “,” reflecting its broader leadership. This profile has been developed by the CIO Applications research and editorial team based on insights from an interview with Greg Richard, Chief Commercial Officer.
Greg Richard, Chief Commercial OfficerIn diagnosing thyroid cancer, Interpace Diagnostics’ ThyGenX and ThyraMIR tests are deemed reliable by a multitude of endocrinologists. The ThyGenX test can be done on and patient with an indeterminate cytology result; a positive ThyGenX result signifies the likely presence of thyroid cancer and the patient is recommended to undergo a thyroidectomy. The ThyraMIR test is performed as a reflex to a negative ThyGenX test result. A positive ThyraMIR result could indicate either surgery or ongoing surveillance is warranted. The combination of both tests improves risk stratification and surgical decision-making when standard cytopathology does not provide a definite diagnosis for the presence of cancer. It has also demonstrated superior clinical performance over other tests in the market from the standpoint of positive and negative predictive value.
Gaining traction among some of the world’s largest healthcare entities, Interpace Diagnostics’ tests are being rapidly incorporated by physicians around the world. LabCorp, a leader in healthcare diagnostics, offers Interpace Diagnostics’ molecular tests, ThyGenX and ThyraMIR, to their customers, providing enhanced options for the diagnosis of thyroid cancer in patients with indeterminate thyroid nodules. Like the company’s efforts in Pancreactic Cancer, the company has performed over 15,000 molecular tests for thyroid nodules, enlarging its database to accumulate sufficient insights to form the basis of an informatics opportunity for both the company and other organizations with an interest in this area.
Interpace Diagnostics plans to move forward with a unique approach to innovation within their existing products and creating a new market for them. The company is looking forward to growing its recently launched RespriDX product for lung cancer diagnosis and is also planning to launch its new product, BarreGEN for testing Barrett’s Esophagus patients at risk for progression to esophageal cancer. “In addition, we routinely consider synergistic opportunities in the core markets we currently service, i.e. GI, Endocrine, and Lung Cancer. These could take the form of partnerships, acquisitions, in-licensing of technologies, or other arrangements, said Richard. Also, going forward, it will be increasingly important that the data generated from our existing and new technologies bring value to both the company and other organizations that find value in the substantial insights it holds,” concludes Richard.
CIO Applications Weekly Brief
Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Applications
