Yourgene Health PLC DPD reimbursement in Germany
24 Settembre 2020 - 11:00AM
RNS Non-Regulatory
TIDMYGEN
Yourgene Health PLC
24 September 2020
Yourgene Health plc
("Yourgene" or the "Company")
DPD reimbursement in Germany
Manchester, UK - 24 September 2020: Yourgene (AIM: YGEN), the
international molecular diagnostics group, announces that the
German Federal Joint Committee, G-BA, the national reimbursement
authority in Germany, has approved the reimbursement for testing of
Dihydropyrimidine Dehydrogenase (DPD) deficiency in Germany, which
opens up the clinical market in this region for the Company's first
oncology genotyping product, the Elucigene DPYD Test. The
preliminary reimbursement figure for DPD testing is set at 120 EUR
for each patient test. The scheme commences on the 1 October 2020
and has not at this stage specified any commercial products or
technologies.
Elucigene DPYD is a simple-to-use genotyping test that can
identify cancer patients with Dihydropyrimidine Dehydrogenase (DPD)
deficiency, which can cause severe and sometimes lethal side
effects in patients being treated with chemotherapeutic drug
5-Fluorouracil (5-FU), commonly used in the treatment of colon,
oesophageal, stomach, pancreatic, breast and cervical cancers. 5-FU
is metabolized by the DPD enzyme which is encoded by the DPYD
gene.
The Committee for Risk Assessment in the field of
pharmacovigilance of the European Medicines Agency and the Federal
Institute for Medicinal Products and Medical Devices have
determined the benefits of the DPD test, highlighting patients with
an absence or deficiency of the DPD enzyme to have an increased
risk of severe or life threatening toxicity. The reimbursement will
fall under the EBM scheme, which covers the largest number of
patients (approx. 80% of the population).
Lyn Rees, CEO of Yourgene Health said: "We expect this
reimbursement approval to help accelerate our growth in this key
market, aided by having a direct sales presence, enabling us to
capitalise on this opportunity."
Yourgene Health plc Tel: +44 (0)161 669 8122
Lyn Rees, Chief Executive Officer investors@yourgene-health.com
Barry Hextall, Chief Financial Officer
Joanne Cross, Director of Marketing
Cairn Financial Advisers LLP (NOMAD) Tel: +44 (0)20 7213 0880
Liam Murray / James Caithie / Ludovico
Lazzaretti
N+1 Singer (Joint Corporate Broker) Tel: +44 (0)20 7496 3000
Aubrey Powell / Tom Salvesen / George
Tzimas
Stifel Nicolaus Europe Limited (Joint Tel: +44 (0)20 7710 7600
Corporate Broker)
Nicholas Moore / Matthew Blawat / Ben
Maddison
Walbrook PR Ltd (Media and Investor Tel: +44 (0)20 7933 8780 or yourgene@walbrookpr.com
Relations)
Paul McManus / Lianne Cawthorne Mob: 07980 541 893 / Mob: 07584
391 303
About Yourgene Health plc
Yourgene is an international molecular diagnostics group which
develops and commercialises genetic products and services. The
group works in partnership with global leaders in DNA technology to
advance diagnostic science.
Yourgene develops and commercialises simple and accurate
molecular diagnostic solutions, for reproductive health and
molecular genetics. The Group's products include non-invasive
prenatal tests (NIPT) for Down's Syndrome and other genetic
disorders, Cystic Fibrosis screening tests, invasive rapid
aneuploidy tests, male infertility tests and genetic disease tests.
Yourgene's commercial footprint is already established in the UK,
Europe, the Middle East, Africa and Asia.
Our product development, research service and commercial
capabilities extend across the lifecycle of genetic test
development including regulatory submissions. Through our technical
expertise and partnerships, Yourgene is also extending its genetic
testing offering into oncology.
Yourgene is headquartered in Manchester, UK with offices in
Taipei, Singapore, the US and Canada and is listed on the London
Stock Exchange's AIM market under the ticker "YGEN". For more
information, visit www.yourgene-health.com and follow us on twitter
@Yourgene_Health.
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