Enzo Biochem, Inc. (NYSE:ENZ) announced today that its Enzo Clinical Laboratory subsidiary, a full-service clinical laboratory with a specialty in women's health, today reached an agreement with the nation's fourth largest health insurer to become an in-network provider serving all states with its advanced laboratory testing services. Enzo Clinical Labs began offering in-network services to their universe of 15 million of the insured participants on April 15, 2017.

"We are pleased to be contracted with an additional national in-network health provider group and have already begun performing services," said Barry Weiner, Enzo President. "Enzo Clinical Labs is focused on providing the highest standards of quality and care for medical professionals and their patients, especially in today's fast growing realm of molecular diagnostics where we employ the most advanced procedures and technology. We plan to expand our in-network provider network as our business grows nationwide.

"The integrated strength of our two subsidiaries, Enzo Life Sciences and Enzo Clinical Labs, has placed Enzo as a leading provider of cost efficient and medically relevant assays and reagents, and the platforms upon which they are utilized. These applications allow for state of the art molecular diagnostics for detecting a spectrum of diseases and providing vital clinical information that could impact their treatments.

"Our strategy is driving Enzo to become a national reference laboratory and technology developer with a vast array of highly reliable products and services. Our advanced diagnostic capabilities will now be available to many of the insurer's plan members throughout the U.S."

A full list of Enzo in-network insurance partners can be found at www.enzoclinicallabs.com.

About Enzo

Enzo Biochem is a pioneer in molecular diagnostics, leading the convergence of clinical laboratories, life sciences and intellectual property through the development of unique diagnostic platform technologies that provide numerous advantages over previous standards. A global company, Enzo Biochem utilizes cross-functional teams to develop and deploy products, systems and services that meet the ever-changing and rapidly growing needs of health care today and into the future. Underpinning Enzo Biochem's products and technologies is a broad and deep intellectual property portfolio, with patent coverage across a number of key enabling technologies.

If you liked this article you might like

Disney, Nvidia, Walmart and 12 Other Stocks That Could Skyrocket Going Into 2018

These Undervalued Stocks Are Unfairly Overlooked

Analysts' Actions -- CVS Health, Micron, Qualcomm, Pandora and More

4 Health Care Stocks Under $10 to Watch