Aspira Women’s Health Expands Co-Marketing and Distribution Collaboration with BioReference® to Include OvaWatch®
07 Noviembre 2024 - 7:00AM
Aspira Women’s Health Inc. (“Aspira”) (NASDAQ: AWH), a
bio-analytical based women’s health company focused on the
development of gynecologic disease diagnostic tools, today
announced the expansion of its co-marketing and distribution
collaboration with BioReference Health, LLC (“BioReference”), a
wholly-owned subsidiary of OPKO Health Inc. (NASDAQ: OPK), a
multinational biopharmaceutical and diagnostics company that seeks
to establish industry-leading positions in large, rapidly growing
markets.
Under the terms of the expanded agreement, Aspira and
BioReference will join forces to market Aspira’s complete OvaSuite
portfolio, including OvaWatch® and Ova1Plus®, to BioReference
women’s healthcare provider clients. BioReference and Aspira have
co-marketed and distributed Ova1Plus since 2022. The approval of
OvaWatch by the New York State Department of Health’s (NYSDOH)
Clinical Laboratory Evaluation Program (CLEP) in early October
paved the way for the expanded relationship by making it available
to the 15+ million women in New York and New Jersey.
Nicole Sandford, CEO of Aspira, expressed her enthusiasm for the
expanded alliance, highlighting the shared goal of improving
healthcare for women and the potential to accelerate OvaWatch
adoption in New York and New Jersey without incurring additional
costs.
Ellen Beausang, Chief Commercial Officer of BioReference, shared
the excitement, emphasizing how the addition of OvaWatch to the
Women's Health portfolio underscores BioReference Health's
commitment to offering top-tier testing to aid women's health
providers in New York and New Jersey in managing patients and
helping improve patient outcomes.
About BioReference Health BioReference® Health,
LLC, empowers confident healthcare decisions by prioritizing
service, creating innovative solutions, and offering scientific
expertise in diagnostic testing. BioReference is headquartered in
Elmwood Park, New Jersey, and is in-network with the largest health
plans in the United States and processed more than 9 million tests
in 2023. BioReference provides credible and tailored solutions for
a variety of customers and patients, including medical practices
small and large, hospitals and health systems, correctional
institutions, and government agencies. In addition to an extensive
test menu with 99 percent of tests performed in-house,
BioReference’s differentiated offerings include large-scale health
screening programs and transformative business solutions that
optimize laboratory management. For more information,
visit https://www.bioreference.com or
on Facebook, Twitter, Instagram and LinkedIn.
About OvaWatch® OvaWatch is the only
non-invasive blood test available to assess the risk of ovarian
cancer in patients with an adnexal mass initially evaluated as
indeterminate or benign. With a 99% negative predictive value and
longitudinal monitoring feature, OvaWatch allows physicians and
patients to determine a personalized monitoring or treatment.
About Aspira Women’s Health Inc. Aspira
Women’s Health Inc. is dedicated to the discovery, development, and
commercialization of noninvasive, AI-powered tests to aid in the
diagnosis of gynecologic diseases.
OvaWatch® and Ova1Plus® are offered to clinicians as OvaSuiteSM.
Together, they provide the only comprehensive portfolio of blood
tests to aid in the detection of ovarian cancer risk for the 1.2+
million American women diagnosed with an adnexal mass each year.
OvaWatch provides a negative predictive value of 99% and is used to
assess ovarian cancer risk for women where initial clinical
assessment indicates the mass is indeterminate or benign, and thus
surgery may be premature or unnecessary. Ova1Plus is a reflex
process of two FDA-cleared tests, Ova1® and Overa®, to assess the
risk of ovarian malignancy in women with an adnexal mass planned
for surgery.
Our in-development test pipeline will expand our ovarian cancer
portfolio and address the tremendous need for non-invasive
diagnostics for endometriosis, a debilitating disease that impacts
millions of women worldwide. In ovarian cancer, we intend to
combine microRNA and protein biomarkers with patient data to
further enhance the sensitivity and specificity of our current
tests. In endometriosis, we have developed the first-ever
non-invasive test designed to identify endometriomas, one of the
most commonly occurring forms of severe endometriosis. Through our
ongoing endometriosis development program, we are combining
microRNA and protein biomarkers with patient data, with the intent
of identifying all endometriosis independent of disease location or
severity.
Forward-Looking Statements This press release
contains forward-looking statements, as defined in the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve a number of risks and uncertainties. Such
forward-looking statements include statements regarding, among
other things, the timing and completion of any products in the
pipeline development and other statements that are predictive in
nature and whether the collaboration and marketing of the OvaSuite
portfolio will prove successful. Actual results could differ
materially from those discussed due to known and unknown risks,
uncertainties, and other factors. These forward-looking statements
generally can be identified by the use of words such as “designed
to,” “expect,” “plan,” “anticipate,” “could,” “may,” “intend,”
“will,” “continue,” “future,” other words of similar meaning and
the use of future dates. These and additional risks and
uncertainties are described more fully in the Company’s filings
with the SEC, including those factors identified as “Risk Factors”
in our most recent Annual Report on Form 10-K, for the fiscal year
ended December 31, 2023, and subsequent Quarterly Reports on Form
10-Q. If any of these risks materialize or our assumptions prove
incorrect, actual results could differ materially from the results
implied by these forward-looking statements. There may be
additional risks that Aspira presently does not know, or that
Aspira currently believes are immaterial, that could also cause
actual results to differ from those contained in the
forward-looking statements. In addition, forward-looking statements
reflect Aspira’s expectations, plans, or forecasts of future events
and views as of the date of this press release. Subsequent events
and developments may cause the Company’s assessments to change.
However, while Aspira may elect to update these forward-looking
statements at some point in the future, Aspira expressly disclaims
any obligation to do so, except as required by law. These
forward-looking statements should not be relied upon as
representing Aspira’s assessments of any date after the date of
this press release. Accordingly, undue reliance should not be
placed upon the forward-looking statements.
Investor Relations Contact: Jamie
SullivanDirector of Corporate CommunicationsAspira Women’s
HealthInvestors@aspirawh.com
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