DermTech Announces Contracts With Highmark For The Foundational Assay Of Its DermTech Melanoma Test
Portfolio Pulse from Benzinga Newsdesk
DermTech, Inc. (NASDAQ:DMTK) has announced agreements with Highmark Inc. to enhance access to the DermTech Melanoma Test (DMT). The contracts are in addition to a favorable coverage policy. Highmark and its Blue-branded affiliates provide health insurance to approximately 7 million members in Pennsylvania, West Virginia, Delaware and New York. The DMT test results provide clinicians with objective and actionable genomic data for a suspicious lesion, improve patient care and reduce healthcare costs.
September 19, 2023 | 12:11 pm
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DermTech's agreement with Highmark Inc. to enhance access to its Melanoma Test could potentially increase the company's revenue and market share.
The agreements with Highmark Inc. will enhance access to DermTech's Melanoma Test, potentially leading to increased usage of the test and thus higher revenues for DermTech. Furthermore, the partnership with a major health insurance provider like Highmark could enhance DermTech's reputation and market share.
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