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Stock impact report

Precipio Launches New HemeScreen™ Reagent Rental Program

Precipio, Inc. (PRPO) 
US:NASDAQ Investor Relations: precipiodx.com/investors.html
Company Research Source: GlobeNewswire
NEW HAVEN, Conn., April 06, 2020 (GLOBE NEWSWIRE) -- Specialty diagnostics company Precipio, Inc. (NASDAQ: PRPO), announced today that it has launched its HemeScreen™ Reagent Rental (HSRR) program. The program enables Precipio to offer its patent-pending HemeScreen technology beyond the laboratory and into the oncologist’s office. A tried-and-true structure that is prevalent in the diagnostic world, the HSRR program will enable office-based physicians to place Real-Time PCR (RT-PCR) testing equipment with no capital outlay. Through this program, the physician practice will have the ability to run the diagnostic tests in-house instead of sending out to reference laboratories, obtaining faster results and providing patients with better care. Customers will make one monthly payment to purchase HemeScreen reagents, which will subsidize the cost of the PCR equipment. The equipment itself will be financed by an outside finance company, and its cost will be incorporated into the monthly r Show less Read more
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