Business
Sera Prognostics Reports Third Quarter 2021 Financial Results
SALT LAKE CITY, Nov. 9, 2021 /PRNewswire/ -- Sera Prognostics Inc., The Pregnancy Company® (Nasdaq: SERA), focused on improving maternal and neonatal health
About this update from Sera Prognostics, Inc.
[{"type":"text","content":"SALT LAKE CITY, Nov. 9, 2021 /PRNewswire/ -- Sera Prognostics Inc., The Pregnancy Company® (Nasdaq: SERA), focused on improving maternal and neonatal health by providing innovative pregnancy biomarker information to doctors and patients, today announced financial results for the third quarter ended September 30, 2021. \n\n \n \n \n \n \n \n\n \nRecent Highlights:\nMade key hires in scaling the company's salesforce, now totaling 26 representatives, with Sera Prognostics seeing early payer revenues and positive physician office reception to the company's PreTRM® test. Also made key executive appointment bringing additional extensive expertise to the management team of Sera with the appointment of Paul Kearney with extensive data science, bioinformatics and proteomics experience as Chief Data Officer. Engaged Woodrow Myers, MD, MBA, a nationally-recognized leader in development of medical quality initiatives and advanced healthcare management programs as an advisor on public and political affairs. Dr. Myers brings extensive experience in leadership in addressing health equity and disparities and he will work on a multi-disciplinary effort to execute a national and state-specific political and public affairs strategy for Sera, further emphasizing the Company's efforts to help address healthcare disparities that disproportionately affect underserviced communities. Broadened the significant expertise on our Board of Directors through the appointment of noted healthcare and technology executive, Zhenya Lindgardt, to our Board, bringing her vast and highly relevant experience to help us improve the well-being of mothers and babies and to help Sera achieve its vision as The Pregnancy Company®. Announced publication of health economic analysis data in peer-reviewed journal ClinicoEconomics and Outcomes Research using claims data of more than 40,000 pregnant women and infants that illustrated the clinical benefit of combining PreTRM® testing with evidence-based interventions to improve neonatal health and reduce total health costs. The study highlighted positive impacts on preterm births, neonatal intensive care admissions, overall hospital length of stay and a net $54 million reduction in total costs in the analyzed population. Demonstrated clinical validation of PreTRM threshold for clinical action, illustrating power of stratifying test...