Benzinga | Apr 22, 2021 11:22AM EDT

Natera Shares Quiet Following Co. Press Release Highlighting Co. Received 'pathway to future coverage for the Prospera donor-derived, cell-free DNA test to determine transplant rejection status in multiple organs'

Natera, Inc. (NASDAQ:NTRA), a pioneer and a global leader in cell-free DNA testing, receives pathway to future coverage for the Prospera donor-derived, cell-free DNA (dd-cfDNA) test to determine transplant rejection status in multiple organs.



Today, the Centers for Medicare & Medicaid Services (CMS) Molecular Diagnostics Program (MoLDX) published a future effective local coverage determination (LCD) that identifies and establishes this pathway to coverage in a broad range of solid organ transplants. This new LCD adds to existing CMS coverage for the Prospera test in kidney transplant rejection assessment. The LCD is posted here on the CMS website.

Natera has performed over 3 million cfDNA tests and has published more than 50 papers studying over 1 million patients.

"We've built a very powerful technology platform that's been proven across women's health, oncology and organ health indications," said Steve Chapman, CEO of Natera. "Helping physicians non-invasively detect rejection of transplanted organs may improve the quality of life for the hundreds of thousands of patients living with organ transplants."

"We are delighted that CMS, through this LCD, recognizes the important role of dd-cfDNA transplant rejection assessment testing for other solid organ transplants beyond kidney," said Paul Billings, chief medical officer at Natera. "Receiving this LCD highlights the growing recognition for dd-cfDNA monitoring as a critical tool in the treatment of organ transplant patients."