GRAIL and Fountain Health Insurance Partner to Provide Coverage of Galleri® Multi-cancer Early Detection Test

Rhea-AI Summary

Fountain Health Insurance has partnered with GRAIL to provide 100% coverage for the Galleri multi-cancer early detection test as part of annual wellness benefits. This innovative blood test can detect signals from over 50 types of cancers, helping ensure early diagnosis and potentially better outcomes. Fountain Health aims to enhance employee health, emphasizing the importance of proactive care. The partnership reflects a commitment to improving health outcomes and accessibility of vital cancer screening, which is crucial as cancer remains a leading cause of death in the U.S.

Positive

• 100% coverage of Galleri test for Fountain Health customers enhances employee health benefits.
• Galleri can detect signals from over 50 cancers, potentially improving early detection rates.
• Partnership with GRAIL reflects a commitment to proactive healthcare, aiming to reduce cancer mortality.

Negative

• None.

Fountain Health Insurance to Provide 100% Coverage of Galleri as Part of Annual Wellness Benefits

MENLO PARK, Calif., & NAPLES, Fla.--(BUSINESS WIRE)-- GRAIL, LLC, a healthcare company whose mission is to detect cancer early, when it can be cured, and Fountain Health Insurance (“Fountain Health”) today announced a partnership that will offer Galleri^®, GRAIL’s multi-cancer early detection (MCED) blood test, to Fountain Health customers at 100% coverage as part of its annual wellness benefits.

“Our partnership with GRAIL is an outstanding opportunity to change the health story for thousands of people by finding cancer early so we can improve outcomes. However, saving the life of an employee or loved one is what truly will make this transformative. What better gift could you give to your employees?” says Robert J. Rossiter, chief executive officer at Fountain Health.

The Galleri test is a first-of-its-kind MCED blood test. In a clinical study, the Galleri test demonstrated the ability to detect a shared signal from more than 50 types of cancers, over 45 of which lack recommended screening tests today. Using advanced genomics and machine learning, the test also determines the origin of the cancer signal, which can then guide diagnostic workup. Early detection of cancer has been demonstrated to improve cancer outcomes, yet today, the majority of cancers are detected in late stages because only five cancer types have recommended screenings – breast, cervical, colon, lung and prostate cancers.

“We applaud Fountain Health for its commitment to proactive care and finding cancer earlier, when treatment is more likely to be successful,” said Bob Ragusa, chief executive officer at GRAIL. “By offering the Galleri test and covering it at 100%, Fountain Health is helping ensure more people have access to critical health information that could give a better chance of surviving cancer, which still claims the lives of more than 600,000 people annually in the U.S.”

About Fountain Health Insurance

Fountain Health believes that employees are a company’s most important asset. Investing in employee health encourages employees to invest back in the company. Fountain Health provides the highest standard of coverage in large group health insurance. However, the primary focus at Fountain Health is on proactive care and keeping people healthy: not only does preventative health save lives by preventing illness or catching it early, while it is still highly treatable – it saves money. Early detection costs a fraction of finding and treating illnesses like cancer, heart disease and diabetes in their more advanced stages. Fountain Health can transform lives by transforming insurance. Fountain Health is headquartered in Naples, Fla., with a service location in Wilmington, N.C. A new global headquarters has been announced and will soon be opened in Lake Nona, Fla. Learn more at www.fountainhealth.com.

About GRAIL

GRAIL is a healthcare company whose mission is to detect cancer early when it can be cured. GRAIL is focused on alleviating the global burden of cancer by developing pioneering technology to detect and identify multiple deadly cancer types early. The company is using the power of next-generation sequencing, population-scale clinical studies, and state-of-the-art computer science and data science to enhance the scientific understanding of cancer biology, and to develop its multi-cancer early detection blood test. GRAIL is headquartered in Menlo Park, CA with locations in Washington, D.C., North Carolina, and the United Kingdom. GRAIL, LLC, is a subsidiary of Illumina, Inc. (NASDAQ:ILMN) currently held separate from Illumina Inc. under the terms of the Interim Measures Order of the European Commission dated 29 October 2021.

For more information, please visit grail.com.

About Galleri^®

The earlier that cancer is detected, the higher the chance of successful outcomes. The Galleri multi-cancer early detection test can detect a shared cancer signal from more than 50 types of cancer, as defined by the American Joint Committee on Cancer Staging Manual, through a routine blood draw. When a cancer signal is detected, the Galleri test predicts the cancer signal origin, or where the cancer is located in the body, with high accuracy to help guide the next steps to diagnosis. The Galleri test requires a prescription from a licensed healthcare provider and should be used in addition to recommended cancer screenings such as mammography, colonoscopy, prostate-specific antigen (PSA) test, or cervical cancer screening. It is intended for use in people with an elevated risk of cancer, such as those aged 50 or older.

For more information about Galleri, visit galleri.com.

Important Galleri Safety Information

The Galleri test is recommended for use in adults with an elevated risk for cancer, such as those aged 50 or older. The Galleri test does not detect all cancers and should be used in addition to routine cancer screening tests recommended by a healthcare provider. Galleri is intended to detect cancer signals and predict where in the body the cancer signal is located. Use of Galleri is not recommended in individuals who are pregnant, 21 years old or younger, or undergoing active cancer treatment.

Results should be interpreted by a healthcare provider in the context of medical history, clinical signs and symptoms. A test result of “Cancer Signal Not Detected” does not rule out cancer. A test result of “Cancer Signal Detected” requires confirmatory diagnostic evaluation by medically established procedures (e.g., imaging) to confirm cancer.

If cancer is not confirmed with further testing, it could mean that cancer is not present or testing was insufficient to detect cancer, including due to the cancer being located in a different part of the body. False-positive (a cancer signal detected when cancer is not present) and false-negative (a cancer signal not detected when cancer is present) test results do occur. Rx only.

Laboratory/Test Information

GRAIL’s clinical laboratory is certified under the Clinical Laboratory Improvement Amendments of 1988 (CLIA) and accredited by the College of American Pathologists. The Galleri test was developed, and its performance characteristics were determined by GRAIL. The Galleri test has not been cleared or approved by the U.S. Food and Drug Administration. GRAIL’s clinical laboratory is regulated under CLIA to perform high-complexity testing. The Galleri test is intended for clinical purposes.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220621005534/en/

For GRAIL:

Corporate Communications

Trish Rowland

Cammy Duong

pr@grail.com

Investor Relations

Alex Dobbin

ir@grail.com

For Fountain Health:

Evan Balter, Corporate Communications

Evan@fountainlife.com

Source: GRAIL LLC

FAQ

What is the significance of Fountain Health's partnership with GRAIL regarding the Galleri test?

Fountain Health will provide 100% coverage of the Galleri test, enhancing early cancer detection for its customers.

What does the Galleri test detect?

The Galleri test detects signals from more than 50 types of cancers through a simple blood draw.

How does the Galleri test improve cancer outcomes?

By enabling early detection of multiple cancer types, the Galleri test enhances the chances of successful treatment.

When will the Galleri test be available to Fountain Health customers?

The Galleri test is integrated into the annual wellness benefits for Fountain Health customers.

Why is early cancer detection important?

Early detection of cancer significantly improves treatment outcomes and survival rates.