Aspira Women’s Health has entered into partnership agreements with two of the largest U.S.-based women’s health networks and two independent U.S. laboratories.
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AUSTIN, Texas —SEPTEMBER 29, 2021 — Aspira Women’s Health Inc. (Nasdaq: AWH), a bioanalytical-based women’s health company, announced today that it has exceeded its anticipated commercial milestones for Aspira Synergy, the company’s technology transfer solution that launched in the second quarter of 2021.
Aspira Women’s Health has entered into four technology transfer agreements since the launch of Aspira Synergy. Two of the agreements are with two of the nation’s largest and leading independent women’s healthcare groups incorporating more than 750 providers and more than 950,000 patients annually. The other two agreements are with two independent laboratories providing services across five states.
Under the agreements, the two women’s health networks and the two independent laboratories will have the ability to conduct genetic testing (both hereditary cancer and carrier screening) or OVA1plusTM testing in-house, utilizing the proprietary Aspira Synergy platform. The Aspira Synergy platform allows point of care testing to expand access at the local level and provides the necessary platform to facilitate full adoption of our disruptive technology solutions. These solutions include Aspira Synergy Genetics which offers carrier screening and hereditary cancer testing and Aspira Synergy Liquid Biopsy which offers Aspira Women’s Health’s flagship product OVA1plus, a liquid biopsy test, each utilizing the proprietary Aspira Synergy platform. OVA1pluscombines the FDA-cleared products OVA1® and OVERA® for assessing ovarian cancer risk in women with pelvic masses.
“We are very excited to offer our groundbreaking global technologies to two of the nation’s top women’s health networks and two expanding independent labs. These four agreements will help expand patient access to OVA1plus to women across the country by replacing CA125. Coupled with the Aspira Synergy Genetics solution, we are leveraging novel biochemistry with a clinical–grade artificial intelligence (AI)-based bioinformatics to provide genetic intelligence at the local level,” said Valerie Palmieri, President and CEO of Aspira Women’s Health Inc. “Providing early diagnostic ovarian cancer risk assessment information will allow proactive personalized risk assessment at the point of care. The bottom line, it’s all about early detection of risk at the proteomic and genetic germline level!”
The Aspira Synergy platform is a decentralized platform that empowers physician groups, healthcare systems, academic institutions, and independent laboratories to offer specialized testing that may otherwise not be accessible. The Aspira Synergy platform meets rigorous privacy standards, utilizes AI technology, and is highly scalable to accommodate the growing demand for clinical genetic and genomic testing and ovarian cancer risk assessment.
“The science behind building the Aspira Synergy platform is to be agnostic to all of the Aspira Women’s Health assays, allowing our clients to offer the best clinical diagnostic testing services directly to their patients, and meeting the standards and quality found in a high-quality specialty laboratory,” said Lesley E. Northrop, Ph.D., FACMG, Chief Scientific Officer, Aspira Women’s Health. Aspira Women’s Health is developing a robust suite of gynecologic test solutions including OVASight for ovarian cancer risk assessment and EndoCheckTM for endometriosis.