Reapplix APS has postponed indefinitely plans to roll out its proprietary biological wound-healing patch in Europe for treating patients with diabetic foot ulcers due to uncertainty over product reimbursement there. It will instead focus exclusively on launching its 3CPatch in the US where it has its reimbursement rate and coding recently confirmed, the Danish group’s CEO said in an interview.
Reapplix’s path to commercializing its 3CPatch in the US opened up when the group received Medicare reimbursement coding instructions from the Centers for Medicare and Medicaid Services (CMS), with a national average payment rate of $1,622.74
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