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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%
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