electroCore, Inc. Announces Rebate Agreement with Ascent Health Services for gammaCore Preferred Brand Coverage on all Express Scripts Standard National Formularies

Agreement opens reimbursement pathway for thousands of patients with migraine and cluster headache

BASKING RIDGE, N.J., Jan. 27, 2020 (GLOBE NEWSWIRE) -- electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine company, today announced that Ascent Health Services on behalf of Express Scripts, one of the nation’s leading pharmacy benefit managers (PBMs) headquartered in St. Louis, has elected to make gammaCore^TM a preferred brand on all of its Standard National Formularies for those benefit designs that do not differentiate between drugs and devices at a monthly co-pay of roughly $25- $45. gammaCore is electroCore’s non-invasive vagus nerve stimulation (nVNS) device that is FDA-cleared for the adjunctive use for the preventive treatment of cluster headache, and the acute treatment of pain associated with cluster and migraine headache in adults.

"This agreement with Ascent Health Services on behalf of Express Scripts marks a significant step forward for gammaCore coverage as it opens a new pathway to treatment access for many patients suffering from migraine and cluster headache,” said Dan Goldberger, chief executive officer of electroCore, Inc. “We look forward to this preferred brand coverage and will continue to work with providers, patients and physicians to build upon our mission of helping those suffering from the incapacitating effects of these headache disorders.”

About gammaCore
gammaCore (nVNS) is the first non-invasive, hand-held medical therapy FDA-cleared as an adjunctive therapy for the preventative treatment of cluster headache and as an acute treatment for pain associated with episodic cluster headache and migraine headache in adult patients. Designed as a portable, easy-to-use technology, gammaCore can be self-administered by patients as needed, without the potential side effects associated with commonly prescribed drugs. When placed on a patient’s neck over the vagus nerve, gammaCore stimulates the nerve’s afferent fibers leading to a modulation of neurotransmitters and a reduction in pain.

gammaCore is the only therapy FDA-cleared for the prevention of cluster headache.

gammaCore is available by prescription only and patients should speak with their doctor about whether gammaCore is right for them.

gammaCore (non-invasive vagus nerve stimulator) is intended to provide non-invasive vagus nerve stimulation (nVNS) on the side of the neck. gammaCore is indicated for: