Biofidelity Adds Lee N. Newcomer, MD to Scientific Advisory Board Ahead of ASPYRE Launch
Fast, multi-gene biomarker test designed to make targeted precision cancer treatments available to more patients
CAMBRIDGE, United Kingdom, Jan. 6, 2022 /PRNewswire/ -- Biofidelity , a pioneer in precision cancer diagnostics, has expanded its Scientific Advisory Board to include Lee N. Newcomer, MD, an oncologist and seasoned healthcare executive who says the company's breakthrough technology is a "game-changer that will increase access to biomarker testing for cancer patients making treatment decisions."
Dr. Newcomer joins several other leaders from the clinical, pharmaceutical and patient advocacy fields as they help guide the development and launch of Biofidelity's ASPYRE, a new category of molecular diagnostic technology that dramatically simplifies and accelerates the detection of actionable biomarkers to identify patients who may benefit from targeted cancer therapies.
"Every cancer patient should undergo biomarker testing to help determine the most effective treatment option, but the lengthy wait times and high costs of current testing prevent a majority of patients from accessing this information at the right time," said Dr. Newcomer. "ASPYRE is poised to fill a significant gap that will enable patients and their oncologists to make fast, well-informed treatment decisions."
In addition to being a board-certified oncologist, Dr. Newcomer has held multiple senior executive roles at one of the largest health insurers in the U.S. Most recently, he spent 15 years as Senior Vice President for Oncology and Genetics at United Healthcare, where he focused on improving the affordability and quality of oncology care. Prior to that, he served as Chief Medical Officer and Senior Vice President of Health Policy and Strategy for UnitedHealth Group.
Prior to his work at UnitedHealth Group, Dr. Newcomer practiced medical oncology for nine years. He is a former Chairman of Park Nicollet Health Services (HealthPartners), an integrated system of physicians and hospitals based in Minnesota with national recognition for its leadership in quality, safety and cost effectiveness.
"Dr. Newcomer is a distinguished healthcare leader with a unique combination of expertise in the field of precision oncology and a passion for fostering disruptive innovations that improve the quality of cancer care," says Barnaby Balmforth, PhD, Chief Executive Officer at Biofidelity. "We are thrilled to welcome him to the Scientific Advisory Board and know that his contributions will be invaluable in helping to bring this revolutionary technology to market and enable more patients to access the lifesaving benefits of precision medicine."
Breaking Down Barriers with ASPYRE
But in order to select the right targeted therapy, doctors must first test for these actionable mutations, or biomarkers, in the patient's cancer cells. Unfortunately, there are several barriers that prevent a majority of patients from accessing comprehensive biomarker testing. As a result, fewer than half of metastatic cancer patients in the United States who could benefit from targeted therapy actually undergo biomarker testing to guide their treatment.
Biofidelity's mission is to break down these barriers and make highly targeted precision cancer treatments available to more patients by simplifying the detection of actionable biomarkers. With the ability to perform ultra-sensitive detection of panels of DNA and RNA mutations from tissue or blood using existing laboratory equipment, ASPYRE provides comprehensive actionable results in a matter of hours instead of weeks, at a fraction of the cost of sequencing methods. This quickly and easily provides the information needed to get patients started on the treatment that's right for them, helping to improve their quality of life and increase their chances for long-term survival.
The company expects to launch ASPYRE-Lung, its first commercial diagnostic assay, in the U.S. in early 2022.
Founded in 2019 in Cambridge, UK, Biofidelity is a rapidly growing private company that recently expanded to include both a U.S. headquarters and state-of-the-art clinical cancer diagnostic laboratory located in Research Triangle Park, North Carolina. For more information, visit biofidelity.com or connect on LinkedIn.
Contact: Liz Dowling, (415) 388-2794