Castle Biosciences Presents Award-Winning Abstract at ACG 2024 Demonstrating Ability of Its TissueCypher® Test to Significantly Reduce Healthcare Costs Associated with the Management of Barrett’s Esophagus Patients
29 Ottobre 2024 - 9:30PM
Business Wire
TissueCypher abstract awarded a Presidential
Poster Award by ACG Abstract Selection Committee, a distinction
awarded to only 5-7% of abstracts for high quality, novel, unique
or interesting research
Castle Biosciences, Inc. (Nasdaq: CSTL), a company improving
health through innovative tests that guide patient care, today
announced new data demonstrating a significant reduction in
healthcare management costs and an improvement in the quality of
life for patients with Barrett’s esophagus (BE) whose management is
guided by its TissueCypher test. The data was presented at the 2024
American College of Gastroenterology (ACG 2024) Annual Scientific
Meeting, being held Oct. 25-30, in Philadelphia.
“Our team from four different academic medical centers
collaborated to evaluate the cost-effectiveness of TissueCypher in
guiding surveillance and treatment of Barrett’s esophagus,” said
Cadman L. Leggett, M.D., Division of Gastroenterology at Mayo
Clinic in Rochester, Minnesota. “Using a Markov decision and
microsimulation model for 10,000 patients, our results demonstrated
that the cost of managing BE decreased by $17M if patients
identified by TissueCypher to be at risk of cancer progression were
to receive endoscopic eradication therapy (EET). More importantly,
TissueCypher-guided care reduced the incidence of esophageal cancer
progression by 58.4% when patients with intermediate or high-risk
TissueCypher scores receive EET.”
More than 5,100 scientific abstracts will be presented during
ACG 2024. Only a small percentage of these, including Castle’s
TissueCypher poster, received a Presidential Poster Award,
recognizing high quality, novel, unique or interesting research.
Details regarding Castle’s award-winning poster are included
below:
P3924. (S702). Risk-Aligned Management Guided by the Tissue
Systems Pathology Test Can Improve Health Outcomes in Barrett’s
Esophagus and Reduce Healthcare-Associated Costs
- Key takeaways:
- This study evaluated the cost-effectiveness of
TissueCypher-guided management for patients with BE.
- The data demonstrated that care guided by the test can
significantly reduce patient management costs due to de-escalated
care for patients with low-risk test results (e.g., reduced
overutilization of surveillance and EET) and escalated care for
patients with higher-risk test results (e.g., earlier use of EET to
prevent development of high-grade dysplasia/esophageal
adenocarcinoma (HGD/EAC) and increased surveillance).
- In addition to significant cost savings to the healthcare
system, the study highlights how care guided by the TissueCypher
test can improve patient quality of life and health outcomes, as
well as contribute to a significant reduction in the incidence of
HGD/EAC by 58.4% and EAC-related death by 59.6%.
To view the full poster, visit the ACG 2024 ePoster Hall. To
learn more about TissueCypher, visit Castle at booth 1083.
About TissueCypher® Barrett’s Esophagus Test
The TissueCypher Barrett’s Esophagus test is Castle’s precision
medicine test designed to predict future development of high-grade
dysplasia (HGD) and/or esophageal cancer in patients with Barrett’s
esophagus (BE). The TissueCypher Barrett’s Esophagus test is
indicated for use in patients with endoscopic biopsy-confirmed BE
that is graded non-dysplastic (NDBE), indefinite for dysplasia
(IND) or low-grade dysplasia (LGD); its clinical performance has
been supported by 14 peer-reviewed publications of BE progressor
patients with leading clinical centers around the world. The test
received Advanced Diagnostic Laboratory Test (ADLT) status from the
Centers for Medicare & Medicaid Services (CMS) in March 2022.
Learn more at www.CastleBiosciences.com.
About Castle Biosciences
Castle Biosciences (Nasdaq: CSTL) is a leading diagnostics
company improving health through innovative tests that guide
patient care. The Company aims to transform disease management by
keeping people first: patients, clinicians, employees and
investors.
Castle’s current portfolio consists of tests for skin cancers,
Barrett’s esophagus, mental health conditions and uveal melanoma.
Additionally, the Company has active research and development
programs for tests in other diseases with high clinical need,
including its test in development to help guide systemic therapy
selection for patients with moderate-to-severe atopic dermatitis,
psoriasis and related conditions. To learn more, please visit
www.CastleBiosciences.com and connect with us on LinkedIn,
Facebook, X and Instagram.
DecisionDx-Melanoma, DecisionDx-CMSeq, i31-SLNB, i31-ROR,
DecisionDx-SCC, MyPath Melanoma, DiffDx-Melanoma, TissueCypher,
IDgenetix, DecisionDx-UM, DecisionDx-PRAME and DecisionDx-UMSeq are
trademarks of Castle Biosciences, Inc.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, which are subject to the “safe harbor” created by those
sections. These forward-looking statements include, but are not
limited to, statements concerning: the ability of the TissueCypher
test to (i) significantly reduce healthcare management costs and
improve the quality of life and health outcomes for patients with
BE and (ii) contribute to a significant reduction in the incidence
of HGD/EAC. The words “can,” “would” and similar expressions are
intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words. We may
not actually achieve the plans, intentions or expectations
disclosed in our forward-looking statements, and you should not
place undue reliance on our forward-looking statements. Actual
results or events could differ materially from the plans,
intentions and expectations disclosed in the forward-looking
statements that we make. These forward-looking statements involve
risks and uncertainties that could cause our actual results to
differ materially from those in the forward-looking statements,
including, without limitation: subsequent study or trial results
and findings may contradict earlier study or trial results and
findings or may not support the results shown in this study,
including with respect to the discussion of TissueCypher in this
press release; actual application of our TissueCypher test may not
provide the aforementioned benefits to patients; and the risks set
forth under the heading “Risk Factors” in our Annual Report on Form
10-K for the year ended December 31, 2023, our Quarterly Report on
Form 10-Q for the quarter ended June 30, 2024 and in our other
filings with the SEC. The forward-looking statements are applicable
only as of the date on which they are made, and we do not assume
any obligation to update any forward-looking statements, except as
may be required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20241029353348/en/
Investor Contact: Camilla Zuckero
czuckero@castlebiosciences.com Media Contact: Allison
Marshall amarshall@castlebiosciences.com
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