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Company

INTERPACE BIOSCIENCES, INC.

Ticker
IDXG
Sector
Industry
Report date
March 30, 2026
Valye AI Score

100

Very high visibility
Recent developments
Recent developments summary

Recent news highlights include a reported earnings drop in August 2025 and an increase in position by investor Singer Douglas Mark in February 2023.

Recent developments:
  • Interpace Biosciences reported an earnings drop in August 2025 [N1].
  • Investor Singer Douglas Mark increased his position in Interpace Diagnostics Group in February 2023 [N2].
Overview

Interpace Biosciences, Inc. provides esoteric molecular diagnostic testing and pathology services to aid physicians in evaluating cancer risk in patients with indeterminate biopsies. The company develops genomic tests to personalize medicine and improve diagnosis and management, focusing currently on thyroid cancer tests ThyGeNEXT and ThyraMIR v2 after discontinuing PancraGEN in 2025 due to CMS reimbursement cessation. Customers include physicians, hospitals, cancer centers, commercial laboratories, pathology groups, and clinics, with revenue from Medicare, Medicaid, commercial payers, and direct client billings. The company operates a CLIA-certified and CAP-accredited laboratory in Pittsburgh, Pennsylvania. Its strategy emphasizes organic growth, partnerships, expanding test awareness, improving operational efficiencies, broadening reimbursement coverage, and leveraging bioinformatics. The company competes with larger firms such as Veracyte, Quest Diagnostics, and Sonic Healthcare in the thyroid diagnostic market. Financially, the company reported net income of $24.575 million and basic EPS of $5.55 for fiscal year 2025, with liquidity ratios indicating moderate short-term financial health. The company’s stock is quoted on the OTCID tier following delisting from Nasdaq in 2021.

Executive summary

Interpace Biosciences, Inc. specializes in molecular diagnostic testing for cancer risk assessment, focusing on thyroid cancer tests ThyGeNEXT and ThyraMIR v2 after discontinuing PancraGEN due to loss of CMS reimbursement in 2025. The company serves a broad clinical customer base primarily in the U.S., with LabCorp as a major customer. It operates a CLIA-certified and CAP-accredited laboratory and competes with larger diagnostic firms. Financially, the company reported net income of $24.575 million and basic EPS of $5.55 for fiscal year 2025, with liquidity ratios indicating moderate short-term financial stability. Recent news highlights include an earnings drop in 2025 and increased investor interest in 2023. Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.

Scenarios for IDXG

Bull case model:

The company’s focused molecular diagnostic tests for thyroid cancer address a significant clinical need by improving diagnosis and reducing unnecessary surgeries. Its proprietary combined testing platform offers high-performance metrics and is supported by clinical utility studies. The company’s strategy to expand awareness, improve operational efficiencies, and broaden reimbursement coverage could support growth. Its CLIA-certified and CAP-accredited laboratory and intellectual property portfolio provide a foundation for competitive differentiation. Recent profitability and positive net income in 2025 indicate operational progress.

Bear case model:

The company faces risks from loss of reimbursement coverage, as evidenced by the discontinuation of PancraGEN following CMS reimbursement cessation. Competition from larger, better-resourced firms with broader product portfolios may pressure market share and pricing. The complexity of billing and reimbursement processes, potential changes in payer policies, and reliance on a limited number of major customers pose risks. The company’s stock delisting from Nasdaq and concentration of ownership may affect liquidity and investor perception. Technological obsolescence and the need for ongoing R&D investment also present challenges.

Moat:

Interpace Biosciences’ moat derives from its proprietary molecular diagnostic tests for thyroid cancer, including the combined ThyGeNEXT and ThyraMIR v2 platform, which provides high-performance risk stratification for indeterminate thyroid nodules. The company’s CLIA-certified and CAP-accredited laboratory, issued U.S. patents, and established reimbursement contracts with major payers support its competitive position. Its focused expertise in endocrine cancer diagnostics and relationships with key customers such as LabCorp further strengthen its market presence. However, competition from larger firms with broader product lines and greater resources, such as Veracyte and Quest Diagnostics, presents ongoing challenges.

Risks overview
Risks summary
Reimbursement changes and competitive pressures represent the most significant risks to the company’s business and financial performance.
Risks details:

• Reimbursement Risk: Loss or reduction of reimbursement coverage by Medicare, Medicaid, or commercial payers could materially affect revenue and profitability.
• Competitive Risk: Competition from larger diagnostic companies with broader product lines and greater resources may impact market share and pricing.
• Operational Risk: Complex billing processes and potential delays in reimbursement could negatively affect cash flow and financial results.
• Technological Risk: Rapid technological and scientific changes may render existing tests obsolete or require significant investment to maintain competitiveness.
• Ownership Concentration Risk: Two private equity firms control approximately 84% of common stock, potentially influencing corporate decisions and affecting minority shareholders.

FINAL FORECAST FOR IDXG

Final take one line
Interpace Biosciences operates specialized molecular diagnostic tests for thyroid cancer with moderate visibility into its business model, supported by detailed SEC disclosures and recent earnings news.
Final take 12 to 24 month view

Business trends: Focus on thyroid cancer molecular diagnostics following discontinuation of PancraGEN; emphasis on expanding test awareness and reimbursement coverage.
Execution milestones: Maintaining CLIA and CAP laboratory certifications; growing commercial sales team; leveraging bioinformatics; managing reimbursement contracts.
Key risks: Changes in reimbursement policies; competitive pressures from larger firms; operational complexities in billing and collections; ownership concentration effects.

Valye AI Visibility Research Score

Very high visibility

Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).

100
LLM visibility overview
LLM Visibility known facts
  • Interpace Biosciences, Inc. provides esoteric molecular diagnostic testing and pathology services focused on cancer risk evaluation for patients with indeterminate biopsies and perceived cancer risk [S1].
  • The company develops and commercializes genomic tests to personalize medicine and improve patient diagnosis and management [S1].
  • Due to CMS ceasing reimbursement for the PancraGEN test in April 2025, the company discontinued PancraGEN testing after May 2, 2025 and is now concentrating on thyroid cancer molecular diagnostic tests ThyGeNEXT and ThyraMIR v2 [S1].
  • Primary customers include physicians, hospitals, cancer centers, commercial laboratories, pathology groups, and clinics, with LabCorp as the largest customer for ThyGeNEXT and ThyraMIR in 2025 [S1].
  • Revenue channels include Medicare, Medicare Advantage, Medicaid, direct client billings, and commercial payers such as Blue Cross Blue Shield, Aetna, Cigna, and United Healthcare [S1].
  • The global esoteric molecular diagnostics market was valued at $29.6 billion in 2025, with a forecasted CAGR of 11.12% through 2034 according to Fortune Business Insights [S1].
  • The company’s strategy focuses on organic growth and selective partnerships including licensing, acquisitions, or mergers to generate shareholder returns [S1].
  • Key tactics include expanding awareness and use of ThyGeNEXT and ThyraMIR v2 through omnichannel marketing, improving operating efficiencies via automation, broadening coverage and reimbursement, expanding commercial sales staff, exploring partnerships, and leveraging bioinformatics data [S1].
  • The company’s clinical services provide pathological, mutational, and epigenetic analysis of fine-needle aspiration biopsies from thyroid nodules to inform surgery or surveillance decisions [S1].
  • ThyGeNEXT is a next-generation DNA and RNA sequencing oncogene and mRNA fusion panel; ThyraMIR v2 is a microRNA gene expression classifier used in combination with ThyGeNEXT to refine malignancy risk in thyroid nodules [S1].
  • The estimated market for endocrine (thyroid) cancer assays is approximately $300 million annually based on patient population, biopsy numbers, and reimbursement rates [S1].
  • The company’s laboratory is CLIA certified and CAP accredited, located in Pittsburgh, Pennsylvania [S1].
  • Sales and marketing efforts are predominantly in the United States, using direct and indirect channels including a field-based commercial sales team of about 30 representatives and therapeutic specialists [S1].
  • The company competes with larger firms such as Veracyte (Afirma test), Quest Diagnostics, and Sonic Healthcare (ThyroSeq test) in the thyroid diagnostic test market [S1].
  • Research and development costs were approximately $0.6 million in 2025, focusing on supporting and improving existing products [S1].
  • The company owns ten issued U.S. patents related to its products and technologies as of December 31, 2025 [S1].
  • Financial snapshot as of December 31, 2025: cash and equivalents $2.505 million, current assets $9.9 million, current liabilities $5.103 million, current ratio 1.94, cash ratio 0.76 [S1].
  • For fiscal year ended December 31, 2025, net income was $24.575 million, basic EPS $5.55, diluted EPS $0.89 [S1].
  • Revenue for fiscal year ended December 31, 2022 was $5.678 million [S1].
  • The company’s common stock was delisted from Nasdaq in February 2021 and moved to OTC markets, currently quoted on OTCID tier since August 2025 [S1].
  • Two private equity firms control approximately 84% of outstanding common stock as of February 28, 2026, which may influence company decisions [S1].
  • The company faces risks related to reimbursement coverage changes, competition, technological obsolescence, and the complexity of billing and collections [S1].
  • Recent news includes an earnings drop reported in August 2025 and a notable increase in position by investor Singer Douglas Mark in February 2023 [N1][N2].
Sources
Sources - Context summary

Generated 2026-03-31

Sources - Earning calls
Sources - Other context
Sources - SEC Filings
  • S1 | 2026-03-30 | 10-K
  • S2 | 2025-11-12 | 10-Q
Sources - News headlines
  • N1 | 2025-08-08 | www.nasdaq.com | Interpace Biosciences Earnings Drop | https://www.nasdaq.com/articles/interpace-biosciences-earnings-drop
  • N2 | 2023-02-10 | www.nasdaq.com | Singer Douglas Mark Increases Position in Interpace Diagnostics Group (IDXG) | https://www.nasdaq.com/articles/singer-douglas-mark-increases-position-in-interpace-diagnostics-group-idxg
  • N3 | 2022-11-15 | www.nasdaq.com | TherapeuticsMD (TXMD) Reports Q3 Loss, Lags Revenue Estimates | https://www.nasdaq.com/articles/therapeuticsmd-txmd-reports-q3-loss-lags-revenue-estimates
  • N4 | 2022-11-03 | www.nasdaq.com | Organon (OGN) Q3 Earnings and Revenues Top Estimates | https://www.nasdaq.com/articles/organon-ogn-q3-earnings-and-revenues-top-estimates
  • N5 | 2022-08-15 | www.nasdaq.com | UpHealth, Inc. (UPH) Reports Q2 Loss, Lags Revenue Estimates | https://www.nasdaq.com/articles/uphealth-inc.-uph-reports-q2-loss-lags-revenue-estimates
  • N6 | 2022-08-04 | www.nasdaq.com | CareDx (CDNA) Reports Q2 Loss, Lags Revenue Estimates | https://www.nasdaq.com/articles/caredx-cdna-reports-q2-loss-lags-revenue-estimates
  • N7 | 2022-05-16 | www.nasdaq.com | XpresSpa Group, Inc. (XSPA) Reports Q1 Loss, Tops Revenue Estimates | https://www.nasdaq.com/articles/xpresspa-group-inc.-xspa-reports-q1-loss-tops-revenue-estimates
  • N8 | 2022-05-05 | www.nasdaq.com | Organon (OGN) Q1 Earnings and Revenues Beat Estimates | https://www.nasdaq.com/articles/organon-ogn-q1-earnings-and-revenues-beat-estimates
Important legal disclaimer

This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

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