Precipio’s HemeScreen™ Adopted by Methodist Health
Precipio, Inc. (PRPO)
US:NASDAQ Investor Relations:
precipiodx.com/investors.html
Company Research
Source: GlobeNewswire
NEW HAVEN, Conn., April 03, 2019 (GLOBE NEWSWIRE) -- Specialty diagnostics company Precipio, Inc. (NASDAQ: PRPO), announced today that Methodist Hospital, located in Memphis, TN, has selected Precipio’s HemeScreen assay for use in its molecular hematology testing laboratory. Methodist was previously sending out these tests to a local laboratory, and was experiencing an average turn-around-time (TAT) of 2-4 weeks. Methodist has elected to send their patient samples to Precipio for the HemeScreen assay, where they will be guaranteed an average of 2-4 days TAT. Faster, high quality testing services offer opportunity for faster clinical decisions that lead to better patient care. Moreover, Methodist will also gain economic value from the relationship. A hospital with patient volume such as the Memphis, TN Methodist hospital, the first hospital to use the assay in their region, may generate recurring annual revenues of between $50-100K for Precipio. HemeScreen clinical value Under the
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- Precipio Announces Year end 2023 Shareholder Update CallGlobeNewswire
- Precipio to Report $15.2M for FY-2023 (unaudited) Revenues, an increase of 60% YoY [Yahoo! Finance]Yahoo! Finance
- Precipio to Report $15.2M for FY-2023 (unaudited) Revenues, an increase of 60% YoYGlobeNewswire
- Precipio and Cardinal Health Sign Distribution Agreement for its HemeScreen® Portfolio of Molecular assays for CancerGlobeNewswire
- Precipio's Q4 cash burn from operations drops below $100K for full quarter [Seeking Alpha]Seeking Alpha
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- 4/17/24 - Form 4
- PRPO's page on the SEC website