Genomic Health (GHDX) to Report New Data from Recent Oncotype DX Clinicals
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Genomic Health, Inc. (Nasdaq: GHDX) announced results of three new Oncotype DX studies including data demonstrating the test's cost-effectiveness within the German and Hungarian healthcare systems, and Israeli data showing the test's impact on treatment decisions in early-stage invasive breast cancer patients with lymph-node positive status. These findings will be presented during poster sessions at the 8th European Breast Cancer Conference (EBCC) in Vienna, Austria, March 21-24.
"We now have eight clinical studies involving more than 5,000 patients across Europe, showing the value the Oncotype DX test brings to patients, physicians and payors," said Christer Svedman, director, medical affairs in Europe, Genomic Health. "As international use of the Oncotype DX breast cancer test increases, it's important to not only have strong clinical data but also to demonstrate that using the test is cost effective in different healthcare systems."
The Oncotype DX breast cancer test has been shown to predict the likelihood of chemotherapy benefit as well as recurrence in early-stage breast cancer. Multiple studies conducted in Germany, Spain, the United Kingdom, Israel, Japan, Australia, and the United States have shown the use of the test to change treatment decisions in approximately 30 percent of patients. Additionally, nine health economic analyses have consistently demonstrated the cost effectiveness of Oncotype DX in the assessed healthcare systems in Europe, Asia, Israel and North America.
"We now have eight clinical studies involving more than 5,000 patients across Europe, showing the value the Oncotype DX test brings to patients, physicians and payors," said Christer Svedman, director, medical affairs in Europe, Genomic Health. "As international use of the Oncotype DX breast cancer test increases, it's important to not only have strong clinical data but also to demonstrate that using the test is cost effective in different healthcare systems."
The Oncotype DX breast cancer test has been shown to predict the likelihood of chemotherapy benefit as well as recurrence in early-stage breast cancer. Multiple studies conducted in Germany, Spain, the United Kingdom, Israel, Japan, Australia, and the United States have shown the use of the test to change treatment decisions in approximately 30 percent of patients. Additionally, nine health economic analyses have consistently demonstrated the cost effectiveness of Oncotype DX in the assessed healthcare systems in Europe, Asia, Israel and North America.
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