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Cleo Diagnostics Limited (ASX: COV) has initiated a strategic collaboration with EntityRisk and Norstella to strengthen its U.S. market entry for the Ovarian Cancer Pre-Surgical Test. EntityRisk will lead the health economic modelling to quantify the clinical and financial benefits of adopting the test, while Norstella’s subsidiary MMIT will provide reimbursement and payer intelligence to ensure evidence-driven insights. This partnership is designed to build a compelling reimbursement case, enabling early engagement with payors and supporting widespread adoption. Leveraging Norstella’s extensive claims and physician data, Cleo will refine its launch strategy by targeting regions with the highest clinical demand and commercial potential. Additionally, Norstella’s analysis will deliver a precise Total Addressable Market estimate, enhancing operational planning and investor confidence. With FDA submission and early revenues anticipated next year, this integrated approach positions Cleo to accelerate commercialisation, negotiate from a position of strength, and establish its innovative test in the complex U.S. healthcare landscape.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.