Foley Hoag Hosts Launch of New Organization, DxInsights, Aimed at Educating Healthcare Community on Diagnostics
Partner Hathaway Pease Russell Serves Critical Co-founding Role
June 19, 2012
Foley Hoag LLP hosted the launch of DxInsights, a nonprofit, independent organization aimed at educating the healthcare community on the importance of diagnostics in the current healthcare system. The launch took place during Foley Hoag’s private reception during the BIO 2012 Annual International Convention. The organization has been conceived and created by diagnostics industry leaders from across all aspects of the industry to articulate the role of diagnostics and how they are used to improve patient care. DxInsights is both technology - and business - model agnostic and includes members from those involved in in-vitro diagnostics, laboratory developed tests, life sciences and academic medicine using all current technologies including molecular diagnostics, sequencing, clinical chemistry, tissue diagnostics, and imaging.
Foley Hoag Partner Hathaway Pease Russell is a co-founder of the group, collaborating with founders Mara Aspinall, President/CEO of Ventana Medical Systems and Kristin Ciriello Pothier, Partner, Health Advances and co-founder Terri Clevenger, President, Continuum Health Communications. Additional contributors include other industry veterans such as Kieran English of Russell Reynolds, Mickey Urdea of Tethys Bioscience and Ray Woosley of Critical Path Institute.
“DxInsights heralds the beginning of a new era in healthcare as the time has come for diagnostics to be considered an equal partner to therapeutics and procedures,” said Aspinall. “DxInsights plays a crucial role in education about the therapeutic benefit and value of new diagnostic technologies - so providers, patients, regulatory agencies, and capital markets can better understand this rapidly evolving space” said Russell, a partner in the Intellectual Property Department whose practice focuses on issues at the intersection of intellectual property, personalized medicine, regulatory and reimbursement.
According to DxInsights, diagnostics offer the critical data a physician needs to design a treatment plan for each patient, providing information for 60 percent of the medical care decisions made today, but accounting for only two percent of the spend and diagnostics are not well understood or valued by many providers, payers, policymakers or patients. DxInsights is committed to ensuring that this information is understood and embraced by critical decision-makers.
Foley Hoag also served as pro bono counsel to DxInsights.
Founded by seasoned executives involved in all facets of diagnostics including development, commercialization, regulatory, reimbursement and communications, DxInsights has gathered the most relevant information in all of the above areas to create a central reference hub for healthcare executives, the medical, regulatory and reimbursement communities, as well as patients to easily access information in one place and learn about the critical role of diagnostics in guiding the future of healthcare. DxInsights was founded by Mara Aspinall, President/CEO of Ventana Medical Systems and Kristin Ciriello Pothier, Partner, Health Advances and co-founded by Hathaway Pease Russell, Partner, Foley Hoag and Terri Clevenger, President, Continuum Health Communications. For more information, visit www.dxinsights.net.
About Foley Hoag LLP
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