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Agreement with BCBS of Illinois for Tutivia™

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Verici Dx plc has secured a significant agreement with Blue Cross and Blue Shield of Illinois for its Tutivia™ post-kidney transplant test, which is designed for the early detection of acute rejection. This agreement establishes Tutivia™ as an in-network benefit for patients, simplifying the claims process and ensuring in-network rates, and also grants Verici Dx membership in BCBS's Preferred Provider Organization network, opening access to other BCBS entities like BCBS Texas. The agreement extends to the BCBS Association, covering 33 member entities, and facilitates a streamlined process for Verici Dx to access a CareSource agreement, representing a key milestone in the company's commercial expansion and patient network growth.

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Verici Dx Plc, (AIM: VRCI), a developer of advanced clinical diagnostics for organ transplant, announces that it has entered into an agreement ("the agreement") with Blue Cross and Blue Shield ("BCBS") of Illinois for Tutivia™, the Company's post-kidney transplant test focused on early detection of acute rejection.

The agreement ensures that Tutivia is considered as an in-network benefit for patients which streamlines the claims process and ensures that patients receive testing at in-network rates. BCBS also has its own Preferred Provider Organization network, of which Verici Dx is now a member. As a result, the Company receives access to open contract processes with other BCBS entities, including BCBS Texas.

BCBS provides health care coverage for 118 million members in all 50 states, Washington, D.C., and Puerto Rico, and more than 2 million doctors and hospitals contract with BCBS companies nationwide. BCBS has several lines of business in Illinois, including commercial payor, managed Medicaid and Medicare Advantage, all of which are covered as part of the agreement.

The agreement also provides access to the BCBS Association, which covers 33 BCBS member entities. In turn, this allows for a streamlined process for Verici Dx to access a CareSource agreement.

Sara Barrington, Chief Executive Officer, said: "This agreement with BCBS represents a key milestone for Verici Dx as we continue to grow our patient network and focus on expanding our commercial reach. We look forward to updating shareholders further as we progress with this agreement and continue to advance discussions with additional payors."

Verici Dx plcwww.vericidx.com
Sara Barrington, CEOVia Walbrook PR
Singer Capital Markets (Nominated adviser, Joint Broker)Tel: +44 (0)20 7496 3000
Phil Davies
Oberon Capital (Joint Broker)Tel: +44 (0)20 3179 0500
Mike Seabrook / Adam Pollock
Walbrook PR (Media & Investor Relations)Tel: +44 (0)20 7933 8780 or vericidx@walbrookpr.com
Alice Woodings / Rachel BroadMob: +44 (0)7407 804 654 / +44 (0)7747 515 393

Verici Dx

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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