
Genomind Says Its Pharmacogenetic Testing Could Save Healthcare Thousands
The company just published new study results about the 6-month cost savings associated with a mental health drug efficacy assay.
Genomind’s proposition is relatively simple: Collect a saliva swab from a patient with a mental health condition; test that sample using a proprietary assay; use that information to guide mental health treatment.
The company has been around since 2009, but it has started to gain momentum lately. Since 2016, it has raised
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The new study
The researchers drew subjects from Aetna claims data, matching 817 patients with mood and anxiety disorders who were tested with Genecept Assay to 2,745 patients with similar conditions and demographics who were not.
Patients in the 2 cohorts at baseline had similar prescription rates for psychotropic medications and incidence of mood disorder-related hospitalizations. At 6 months, however, the testing group had 40% fewer emergency room visits and 58% fewer inpatient hospitalizations. The researchers estimated the average cost of care savings at just under $2,000.
Roy Perlis, MD, is a psychiatry professor at Harvard Medical School and 1 of the new study’s authors. He
The company’s other recent study, which looked at the clinical utility of the test, found that it did have
As of September 2017, the company was recruiting for a prospective, randomized, open-label study in partnership with McLean Hospital in Massachusetts,
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