Pulmonx Announces Two Additional Significant Blue Cross Blue Shield Plans Now Provide Coverage for Severe Emphysema/COPD Treatment
Pulmonx Corporation (NASDAQ: LUNG) announced that Blue Cross Blue Shield of Michigan and Horizon BCBS of New Jersey have issued positive coverage policies for the Zephyr® Endobronchial Valve, a treatment for severe emphysema. This gives access to nearly 10 million covered lives, adding to existing BCBS coverage for 69 million members. The Zephyr Valve is minimally invasive and improves lung function without the risks of major surgery. More than 25,000 patients have been treated with the valve globally, with significant clinical backing.
- Positive coverage policies for the Zephyr Valve by major BCBS plans, enhancing patient access.
- Covers approximately 10 million additional lives, boosting potential revenue and treatment adoption.
- The Zephyr Valve has shown strong clinical data supporting safety and long-term benefits for COPD patients.
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BCBS of
“These decisions are based on strong clinical data showing the safety and long-term positive benefits to patients treated with our valves,” states
“The BCBS coverage for bronchoscopic lung volume reduction (BLVR) is an incredible example of medical professionals working together to ensure the latest technologies being made available to all patients who can benefit from them.” explains Dr.
About the Zephyr Valve Treatment
The Zephyr Valve is a minimally invasive treatment option for severe COPD/emphysema, a chronic, progressive, and irreversible lung disease characterized by the destruction of lung tissue. The loss of the lungs' natural elasticity and the collapse of airways cause air to become trapped in the lung. This makes breathing inefficient and patients are always short of breath, making the most nominal physical activities difficult. Placed via bronchoscopy, the valves block off a diseased portion of the lung to prevent air from getting trapped and reduce hyperinflation, which allows the healthier lung tissue to expand and take in more air. This results in patients being able to breathe easier, be less short of breath, and have an improvement in quality of lifei. More than 25,000 patients have been treated with the Zephyr Valve worldwide and the treatment is included in national and global treatment guidelines for COPD including an ‘Evidence A’ rating from The Global Initiative for Chronic Obstructive Lung Disease (GOLD).
About
Forward Looking Statements
This release contains forward‐looking statements within the meaning of Sections 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We may, in some cases, use terms such as “look forward,” “confident,” “promises,” “predicts,” “believe,” “potential,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should,” or other words that convey uncertainty of future events or outcomes to identify these forward‐looking statements and include, without limitation, statements about Pulmonx’s ability to treat a greater number of patients and deliver significant benefits to patients. Forward‐looking statements should not be read as a guarantee of future performance or results and may not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. These forward‐looking statements are based on Pulmonx’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward‐looking statements as a result of these risks and uncertainties, which include, without limitation those related to the safety, efficacy and patient and physician adoption of the company’s products, the ability to obtain and maintain reimbursement codes for its products, and the company’s ability to procure and maintain required regulatory approvals for its products. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in Pulmonx’s filings with the
i Criner G et al. Am J Respir Crit Care Med. 2018; 198 (9): 1151–1164.
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FAQ
What is the significance of the recent BCBS coverage for Pulmonx?
How many lives are affected by the new coverage policies issued by BCBS?
What is the Zephyr Valve, and who is it for?