Qiagen Sees Brighter Reimbursement Outlook For Companion Diagnostics

Personalized health care remains an important growth driver for the diagnostics developer, which is juggling some 15 companion diagnostics projects. The reimbursement landscape for FDA-approved tests is improving, Qiagen says.

Qiagen NV has two FDA-approved companion diagnostics on the market and a broad portfolio of similar projects in development, which are considered important potential growth drivers for the German diagnostics developer. Upcoming Medicare reimbursement changes could pave the way for more value being recognized for FDA-approved validated tests and further improve the market opportunity, Chief Medical Officer Tadd Lazarus indicated during an investor day presentation Nov. 18.

The changes Lazarus referred to are being implemented in the Medicare space by administrative claims contractor Palmetto GBA LLC with its molecular diagnostic reimbursement initiative, or MolDx. The initiative involves...

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