MDxHealth Confirms No Exposure to Silicon Valley Bank or Silvergate Bank
13 March 2023 - 5:00PM
MDxHealth Confirms No Exposure to Silicon Valley Bank or Silvergate
Bank
NEWS RELEASE 13
MARCH
2023,
2:00 AM
ET / 08:00
CET
IRVINE, CA, and HERSTAL, BELGIUM – March 13,
2023 – MDxHealth SA (NASDAQ/Euronext: MDXH), a commercial-stage
precision diagnostics company, today confirms that neither
MDxHealth SA, nor any of its subsidiaries, have any exposure to
Silicon Valley Bank (“SVB”) or Silvergate Bank.
About
mdxhealth
Mdxhealth is a commercial-stage precision
diagnostics company that provides actionable molecular information
to personalize patient diagnosis and treatment. The Company’s tests
are based on proprietary genomic, epigenetic (methylation) and
other molecular technologies and assist physicians with the
diagnosis and prognosis of urologic cancers and other urologic
diseases. The Company’s U.S. headquarters and laboratory operations
are in Irvine, California, with additional laboratory operations in
Plano, Texas. European headquarters are in Herstal, Belgium, with
laboratory operations in Nijmegen, The Netherlands. For more
information, visit mdxhealth.com and follow us on social media at:
twitter.com/mdxhealth, facebook.com/mdxhealth and
linkedin.com/company/mdxhealth.
For more information:
mdxhealth info@mdxhealth.com |
|
LifeSci Advisors (IR
& PR)US: +1 949 271 9223ir@mdxhealth.com |
|
This press release contains forward-looking
statements and estimates with respect to the anticipated future
performance of MDxHealth and the market in which it operates, all
of which involve certain risks and uncertainties. These statements
are often, but are not always, made through the use of words or
phrases such as “potential,” “expect,” “will,” “goal,” “next,”
“potential,” “aim,” “explore,” “forward,” “future,” and “believes”
as well as similar expressions. Forward-looking statements
contained in this release include, but are not limited to,
statements regarding the acquisition of Oncotype DX® GPS prostate
cancer business from Exact Sciences including statements regarding
the anticipated benefits of the acquisition; statements regarding
expected future operating results; statements regarding product
development efforts; and statements regarding our strategies,
positioning, resources, capabilities and expectations for future
events or performance. Such statements and estimates are based on
assumptions and assessments of known and unknown risks,
uncertainties and other factors, which were deemed reasonable but
may not prove to be correct. Actual events are difficult to
predict, may depend upon factors that are beyond the company’s
control, and may turn out to be materially different. Examples of
forward-looking statements include, among others, statements we
make regarding expected future operating results, product
development efforts, our strategies, positioning, resources,
capabilities and expectations for future events or performance.
Important factors that could cause actual results, conditions and
events to differ materially from those indicated in the
forward-looking statements include, among others, the following:
uncertainties associated with the coronavirus (COVID-19) pandemic,
including its possible effects on our operations, and the demand
for our products; our ability to successfully and profitably market
our products; the acceptance of our products and services by
healthcare providers; the willingness of health insurance companies
and other payers to cover our products and services and adequately
reimburse us for such products and services; our ability to obtain
and maintain regulatory approvals and comply with applicable
regulations; the possibility that the anticipated benefits from our
business acquisitions like our acquisition of the Oncotype DX® GPS
prostate cancer business will not be realized in full or at all or
may take longer to realize than expected; and the amount and nature
of competition for our products and services. Other important risks
and uncertainties are described in the Risk Factors sections of our
most recent Annual Report on Form 20-F and in our other reports
filed with the Securities and Exchange Commission. MDxHealth
expressly disclaims any obligation to update any such
forward-looking statements in this release to reflect any change in
its expectations with regard thereto or any change in events,
conditions or circumstances on which any such statement is based
unless required by law or regulation. This press release does not
constitute an offer or invitation for the sale or purchase of
securities or assets of MDxHealth in any jurisdiction. No
securities of MDxHealth may be offered or sold within the United
States without registration under the U.S. Securities Act of 1933,
as amended, or in compliance with an exemption therefrom, and in
accordance with any applicable U.S. securities laws.
NOTE: The mdxhealth logo, mdxhealth, Confirm
mdx, Select mdx, Resolve mdx, Genomic Prostate Score, GPS and
Monitor mdx are trademarks or registered trademarks of MDxHealth
SA. The GPS test was formerly known as and is frequently referenced
in guidelines, coverage policies, reimbursement decisions,
manuscripts and other literature as Oncotype DX Prostate, Oncotype
DX GPS, Oncotype DX Genomic Prostate Score, and Oncotype Dx
Prostate Cancer Assay, among others. The Oncotype DX trademark, and
all other trademarks and service marks, are the property of their
respective owners.
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