October 18, 2021

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Business is my step

Interpace Biosciences Announces 3rd Quarter 2020 Fiscal and Organization Final results and … | Income

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Pharma expert services, via Interpace Pharma Alternatives, delivers pharmacogenomics screening, genotyping, biorepository and other customized companies to the pharmaceutical and biotech industries. Pharma providers also innovations personalized drugs by partnering with pharmaceutical, academic, and engineering leaders to efficiently integrate pharmacogenomics into their drug enhancement and clinical trial programs with the ambitions of offering safer, much more powerful medications to current market far more speedily, even though also improving affected person treatment.

For far more info, make sure you go to Interpace Biosciences’ web page at www.interpace.com.

Ahead-seeking Statements

This push release incorporates forward-seeking statements inside of the this means of Area 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, relating to the Company’s upcoming financial and working efficiency. The Corporation has attempted to establish forward seeking statements by terminology like “believes,” “estimates,” “anticipates,” “expects,” “plans,” “projects,” “intends,” “potential,” “may,” “could,” “might,” “will,” “should,” “approximately” or other phrases that convey uncertainty of potential activities or outcomes to detect these ahead-wanting statements. These statements are centered on current anticipations, assumptions and uncertainties involving judgments about, between other matters, long run financial, aggressive and sector circumstances and foreseeable future business choices, all of which are tricky or not possible to predict accurately and several of which are beyond the Company’s manage. These statements also require regarded and unidentified threats, uncertainties and other elements that may trigger the Company’s precise effects to be materially distinctive from all those expressed or implied by any ahead-wanting statements including, but not limited to, the adverse effect of the COVID-19 pandemic on the Company’s operations and revenues, the considerable doubt about the Company’s skill to proceed as a going worry, the risk that the Company’s estimates of long run earnings may establish to be materially inaccurate, the Company’s history of operating losses, the Company’s ability to adequately finance its enterprise, the Company’s capability to repay its $5M secured bridge loan, the Company’s capacity to retain its Nasdaq listing in light-weight of its failure to meet up with bare minimum stockholder equity specifications as of June 30, 2020, as properly as the increased issues in meeting the minimum stockholders’ fairness prerequisite as a final result of the impairment cost, the Company’s dependence on profits and reimbursements from its clinical providers, the Company’s means to keep or protected reimbursement which includes its reliance on third get-togethers to process and transmit statements to payers and the adverse affect of any hold off, facts decline, or other disruption in processing or transmitting these kinds of claims, the Company’s earnings recognition being centered in part on estimates for future collections which estimates might verify to be incorrect, and the Company’s capacity to remediate substance weaknesses in internal controls. Also, all ahead-on the lookout statements are issue to the “Risk Factors” thorough from time to time in the Company’s most latest Yearly Report on Kind 10-K filed on April 22, 2020, Present Reviews on Type 8-K and Quarterly Studies on Form 10-Q. Since of these and other pitfalls, uncertainties and assumptions, undue reliance must not be put on these forward-searching statements. In addition, these statements converse only as of the day of this push release and, except as may possibly be required by legislation, the Corporation undertakes no obligation to revise or update publicly any forward-looking statements for any motive.

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