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AMA grants additional CPT® Code for ProtegaTM

In brief · summary, not quotable

Verici Dx plc has announced a significant development with the American Medical Association granting its Protega test a new CPT® Proprietary Laboratory Analyses code, X257U, effective October 1, 2026. This CPT® code is crucial for facilitating reimbursement from Medicare and commercial insurers in the United States, marking the first milestone in the company's pathway to commercialisation for its organ transplant diagnostic.

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Verici Dx plc (AIM: VRCI), a developer of advanced clinical diagnostics for organ transplant, announces it has been granted a CPT® Proprietary Laboratory Analyses ("PLA") code1,2 for its Protega test by the American Medical Association ("AMA"). The new code, X257U, has been approved and published by the AMA Editorial Panel and are scheduled to become effective on October 1, 2026.

Patti Connolly, COO of Verici Dx, said: "We were delighted with the AMA's decision as CPT® codes are fundamental in the commercialisation of Protega."

Reimbursement in the US is comprised of three components: code, price and coverage. CPT® codes offer health care professionals a uniform language for coding medical services and procedures, and the CPT® PLA code allows clinical laboratories to more specifically identify their tests when billing Medicare and commercial insurers. The successful granting of a CPT® code marks the first step on the path for commercial reimbursement.

Notes:

  • Current Procedural Terminology (CPT) codes are medical codes that are used to report medical, surgical, and diagnostic procedures and services to entities such as physicians, health insurance companies and accreditation organizations. CPT codes are also used for administrative management purposes such as claims processing and developing guidelines for medical care review.
  • PLA codes are CPT codes including a corresponding descriptor for laboratories or manufacturers that want to identify their test more specifically.
Verici Dx plcwww.vericidx.com
Sara Barrington, CEOVia Walbrook PR
Singer Capital Markets (Nominated adviser, Joint Broker)Tel: +44 (0)20 7496 3000
Alex Bond / Russell Cook / Jalini Kalaravy
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

The company is UK headquartered in Cardiff for the UK, and in Franklin, Tennessee for the U.S. For more

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

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