OncoCyte (OCX) Awarded Five-Year VA Contract for DetermaRx

Oncocyte Corporation (Nasdaq: OCX), a precision diagnostics company with the mission to improve patient outcomes by providing personalized insights that inform critical decisions throughout the patient care journey, today announced that the US Department of Veterans Affairs (“VA”), the largest integrated health care system in the United States, has awarded a Federal Supply Schedule Contract for the Company’s DetermaRx™ test. The VA provides care at 1,293 health care facilities, including 171 VA Medical Centers and 1,112 outpatient sites of care of varying complexity to over 9 million veterans enrolled in the VA health care program. The contract is for a period of five years.

“We are excited by the VA’s recognition of the value of DetermaRx,” said Ron Andrews, Chief Executive Officer of Oncocyte. “Veterans and their families treated at VA and Military Health System medical centers will now have access to our lung cancer test, which informs timely, life-saving treatment decisions following surgery DetermaRx is the only reimbursed test today that can be used prior to treatment initiation to assess the risk of recurrence for patients with early-stage lung cancer.”

Over the past two years, targeted and immune therapies are being used in earlier-stage disease due to lower toxicity relative to chemotherapy. DetermaRx identifies patients at high-risk of recurrence following surgery, which is likely due to the presence of micro-metastasis. Studies have shown that these patients benefit from treatment to eliminate metastatic cells, regardless of the treatment chosen. Conversely, patients identified as low risk by the test had a 94% survival rate without chemotherapy treatment, suggesting that these patients may avoid the expense and side effects associated with treatment and may instead be candidates for surveillance.

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