Progress in Medicaid Reimbursement
Sera Prognostics is ramping up Medicaid plan pilots in states most impacted by premature births, aiming to close promising pilots for managed Medicaid plans within months.
Strategic Headcount Expansion
The company plans to expand its commercial presence by 5 to 10 full-time equivalent employees (FCEs) to resource targeted states and enhance commercial opportunities.
ACOG Bulletin Update
The American College of Obstetricians and Gynecologists (ACOG) released an updated clinical consensus emphasizing risk assessments in prenatal care, aligning with Sera Prognostics' PreTRM test strategy.
Increased Revenue
Net revenue for the first quarter of 2025 was $38,000, compared to nil for the first quarter of 2024.
Strong Cash Position
As of March 31, 2025, the company had cash, cash equivalents, and available-for-sale securities of approximately $114.2 million.