Proteomics Says US CMS Sets Reimbursement Price for Kidney Disease Predictive Test; Shares Rise 16%

MT Newswires Live

11/26

Proteomics International Laboratories (ASX:PIQ) said the US Centers for Medicare & Medicaid Services set a reimbursement price of $390.75 for Promarker D, the company's predictive test for diabetic kidney disease, effective Jan.1, 2026, according to a Wednesday filing with the Australian bourse.

The company will now seek to obtain private health insurer coverage, the filing said.

Shares of the company rose 16% in recent Wednesday trade.

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