Verici Dx Plc (GB:VRCI) has released an update.
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Verici Dx Plc, a developer of advanced clinical diagnostics for organ transplant, has announced a delay in revenue recognition for its TutiviaTM test to FY25 due to a postponed Medicare coverage determination. Despite the delay, the company maintains a strong cash position and expects year-end balances to meet market expectations, with continued collaborations and anticipated revenue acceleration once insurance coverage is established in 2025.
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