Automated Prescription Medication Safety: Xact Labs Receives Groundbreaking Patent
No.: US 12,354,724 B2, issued
"The issuance of this patent, marks a pivotal moment for Xact Laboratories and the future of genetic efficacy testing and PGx-guided treatment decisions," said
Non-optimized medication therapy has been identified as a major driver of preventable healthcare costs and adverse outcomes—estimated at
Xact Laboratories has created a universal PGx "clearinghouse", a standardized, secure system for genetic efficacy data exchange. This platform addresses two longstanding barriers to personalized medicine:
- Streamlining patient testing for payer-identified populations; and
- Delivering real-time, actionable insights to prescribers to inform safe and effective treatment.
Implementation of Xact' model delivers valuable benefits for payers, providers, and patients alike, including:
- Seamless Continuity of Care across All Providers
- Reduction in Total Medical Spend
- Strong ROI
- Higher STAR & HEDIS Ratings
- Improvement in Member Satisfaction Scores
This patent represents a major advancement in personalized medicine. Xact Laboratories is standardizing secure genetic data sharing to make healthcare more precise, efficient, and accessible to all. The company's commitment to innovation is driving the transformation of healthcare while democratizing personalized medicine for all.
About Xact Laboratories
Xact Laboratories is a leader in pharmacogenomic testing and genetic efficacy data automation. With a commitment to advancing healthcare through integrated precision medicine, Xact Laboratories empowers healthcare providers and patients with a personalized approach to optimize medication safety and efficacy.
View original content to download multimedia:https://www.prnewswire.com/news-releases/automated-prescription-medication-safety-xact-labs-receives-groundbreaking-patent-302503016.html
SOURCE Xact Laboratories
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- World's First Autonomous Humanoid Tennis Match: GALBOT Robots Complete 100+ Consecutive Rallies
- AG AL's Gwen Snatches Esports World Cup Club Championship Glory In Unbelievable Trackmania Final
- She Made it – the Youngest South African Woman to Swim the Channel
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share