Castle Biosciences’ IDgenetix Test Receives 2024 MedTech Breakthrough Award for “Best Overall Mental Health Solution”

Castle Biosciences, Inc. (Nasdaq: CSTL), a company improving health through innovative tests that guide patient care, today announced that it has been selected as the winner of the “Best Overall Mental Health Solution” award in the eighth annual MedTech Breakthrough Awards program for its IDgenetix pharmacogenomic (PGx) test. The MedTech Breakthrough Awards honor excellence and recognize innovation, hard work and success in a range of health and medical technology categories, attracting thousands of nominations from over 18 countries across the world.

“Nearly half of all Americans will meet the criteria to be diagnosed with a mental health condition at some point during their life,”¹ said Derek Maetzold, president and chief executive officer of Castle Biosciences. “This stark reality underscores the critical need for advanced tests like IDgenetix that can improve medication management for those struggling with neuropsychiatric conditions.”

“By taking into account lifestyle factors and drug-drug interactions in addition to drug-gene interactions, IDgenetix provides invaluable information that may impact a patient’s response to medications,” said Steve Johansson, managing director, MedTech Breakthrough. “So many patients with major depressive disorder don’t achieve remission even after trying multiple medications. Others don't achieve remission until trying four or more medications, delaying critical relief for those struggling with the daily challenges of their conditions. IDgenetix is designed to arm clinicians with personalized health information to help guide medication selection and management decisions, so patients can potentially achieve remission from their neuropsychiatric condition faster.”

“May is Mental Health Month, and receiving this recognition now makes it even more meaningful, as we strive to improve mental health care through personalized PGx testing," continued Maetzold. “We are incredibly honored to have earned a fourth MedTech Breakthrough Award for our innovative tests designed to improve patient care.”

Observed each May, Mental Health Month was founded by Mental Health America (MHA) to promote awareness, provide vital resources and education, and advocate for the mental health and well-being of all people living in the United States. Castle is proud to be a platinum sponsor of MHA in 2024, which marks the 75th year since the organization launched Mental Health Week, which later evolved into Mental Health Month.