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PE Receives Approval for New CPT Codes from AMA

10/03/2018, 06:55 NZDT, MKTUPDTE

9 March 2018 Pacific Edge Receives Approval for New CPT Codes from AMA Cancer diagnostics company, Pacific Edge Limited (NZX:PEB), advises that the American Medical Association (AMA) Current Procedural Terminology (CPT(R)) Editorial Panel has granted Administrative MAAA CPT codes for Pacific Edge's Cxbladder Detect and Cxbladder Monitor tests. The granting of these dedicated codes is a key component of the reimbursement process in the US and will help with access to the Cxbladder tests for urologists and their patients across the United States. "The CPT Category Administrative MAAA code approval is recognition by the leading panel of medical experts in the United States that the Cxbladder tests are now established diagnostic tests addressing an important unmet medical need," said Jackie Walker, CEO of Pacific Edge Diagnostics USA Ltd. "The multiple peer-reviewed clinical studies and the growing adoption of the tests in the United States were key factors in the decision by the CPT Editorial Board reviewers." CEO of Pacific Edge, David Darling, commented: "This positive reimbursement code award continues to reflect the growing acceptance of Cxbladder as effective, non-invasive and highly accurate tests for the detection and improved management of urothelial cancer. Having unique codes in place will facilitate reimbursement for Cxbladder in the US, minimising barriers for urologists who order Cxbladder tests for their patient care." For more information contact: David Darling Chief Executive Officer Pacific Edge Ltd P: +64 (3) 479 5800 OVERVIEW www.pacificedge.co.nz www.pacificedgedx.com Pacific Edge Limited (NZX: PEB) is a New Zealand publicly listed, cancer diagnostic company specialising in the discovery and commercialisation of diagnostic and prognostic tests for better detection and management of cancer. Its Cxbladder suite of non-invasive, simple to use and accurate diagnostic tests provide actionable results, and better detection and management of urothelial cancer. The company is developing and commercialising its range of Cxbladder bladder cancer tests globally through its wholly owned central laboratories in New Zealand and the USA. The company's products have been tested and validated in international multi-centre clinical studies. ABOUT Cxbladder Triage www.cxbladder.com Cxbladder Triage combines the power of the genomic biomarkers with additional phenotypic and clinical risk factors to accurately identify patients with haematuria who have a low probability of bladder cancer and may not require a more extensive urological evaluation. Cxbladder Triage is a tool for use by clinicians and physicians in primary evaluation of patients with haematuria and is intended to reduce the need for an expensive and invasive work-up in patients who have a low probability of having urothelial carcinoma. ABOUT Cxbladder Detect www.cxbladder.com Cxbladder Detect enables the non-invasive detection of bladder and other urinary tract cancers from a small volume of a patients' urine. Cxbladder Detect provides clinicians with a quick, cost effective and accurate measure of the presence of the cancer as an effective adjunct to cystoscopy. ABOUT Cxbladder Monitor www.cxbladder.com Cxbladder Monitor allows urologists to monitor bladder cancer patients for recurrence of the disease. Bladder cancer has a recurrence rate of 50-80% and requires life-long surveillance. Cxbladder Monitor accurately identifies patients with a prior history of urothelial cancer (UC) whose Cxbladder Monitor score shows that they have a low probability of recurrent urothelial carcinoma. Cxbladder Monitor is designed to be used as the preferred adjunct test to cystoscopy in the management of patients for ongoing evaluation of recurrent bladder cancer. ABOUT Cxbladder Resolve www.cxbladder.com Cxbladder Resolve identifies those patients who are likely to have aggressive or more advanced bladder cancer. Cxbladder Resolve, when used as part of the primary evaluation of haematuria and/or in conjunction with other Cxbladder tests (Triage, Detect), is designed to assist clinicians by accurately identifying patients with a high probability of having high grade or late stage bladder cancer, for whom alternative or expedited treatment options may be warranted, or who can be prioritised for further investigation in high throughput settings. Refer to www.cxbladder.com for more information. End CA:00315335 For:PEB Type:MKTUPDTE Time:2018-03-09 09:55:04

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