Benzinga | May 10, 2021 10:33AM EDT

Precipio Says Launches New HemeScreen Panel For AML

Specialty diagnostics company Precipio, Inc. (NASDAQ:PRPO), announced that it has launched a new, four-hour Acute Myeloid Leukemia (AML) HemeScreen panel to specifically determine the genetics of this aggressive, acute form of leukemia. When physicians are armed with the genetic character of the disease, they can rapidly and precisely select the most effective targeted therapeutic.



Beyond the important clinical utility and substantial impact to patient care described below, this panel is expected to increase revenues to Oncology Physician Office Laboratories (POLs) by approximately 10% (subject to patient volume), and is expected to similarly increase Precipio's revenues from existing and future Oncology POL and other laboratory customers who incorporate this panel into their operations.

The addition of this panel further demonstrates the potential of HemeScreen and the POL model, whereby an existing installed customer base, as well as Precipio, benefit from the continued development and introduction of new panels by Precipio's R&D team.