Precipio Integrates Cost Reducing and Fast Turnaround "High Resolution Melt" into Liquid Biopsy Platform
Precipio, Inc. (PRPO)
US:NASDAQ Investor Relations:
precipiodx.com/investors.html
Company Research
Source: GlobeNewswire
NEW HAVEN, Conn., March 20, 2018 (GLOBE NEWSWIRE) -- Specialty diagnostics company Precipio, Inc. (NASDAQ:PRPO), announced today it has successfully incorporated the use of High Resolution Melt (HRM) technology into its ICE COLD-PCR™ (ICP) kits, substantially improving its liquid biopsy testing cost and time efficiency. Customers using Precipio’s ICP for liquid biopsy may enjoy an additional reduction in their cost per specimen, potentially improving their margin by an estimated 25-50%, depending on the ratio of positive/negative cases). This further strengthens Precipio’s ICP platform as what we believe to be the industry’s leading, most cost-effective technology for liquid biopsies. The use of HRM as a screening tool enables laboratories to quickly and effectively rule out the patient samples that turn out negative for a genetic mutation in the region of interest. Obtaining that information through a simple and quick up-front step potentially eliminates the need to perform mo
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