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Is Quest Diagnostics Stock a Smart Pick for Your Portfolio Now?
ZACKS· 2025-07-02 13:51
Key Takeaways DGX posted strong Q1 growth across brain health, oncology and women's health diagnostics. Strategic deals like LifeLabs and PathAI Diagnostics strengthen DGX's core and adjacent markets. DGX targets 3% annual cost savings with automation, Project Nova and GenAI partnerships.Quest Diagnostics Inc. (DGX) is investing in advanced diagnostics to deliver and scale innovative services that improve patient care and drive growth. The company’s growth strategy includes pursuing value-creating, strate ...
INVESTIGATION ALERT: Edelson Lechtzin LLP is investigating GeneDx Holdings Corp. (NASDAQ: WGS) and Encourages Investors with Substantial Losses to Contact the Firm
Prnewswire· 2025-06-13 20:54
Company Overview - GeneDx Holdings Corp. is a biotechnology company that specializes in clinical diagnostic services for rare and pediatric genetic disorders [3]. Allegations of Wrongdoing - Grizzly Research published a report on February 5, 2025, alleging that GeneDx is committing widespread fraud, claiming that the company's growth is largely an illusion driven by fraudulent schemes aimed at exploiting Medicaid and Medicare systems to artificially inflate revenue [4]. - The report accuses GeneDx of using an illegal practice known as "code stacking" to inflate its revenue [4]. - It is suggested that GeneDx executives, including CEO Katherine Stueland and CFO Kevin Feeley, may be aware of imminent risks, as they have consistently sold their shares immediately upon vesting without engaging in open market purchases [4]. Stock Market Reaction - Following the publication of the report, GeneDx's stock price fell by $4.84 per share, or 6.72%, closing at $67.18 per share on February 5, 2025 [4].
Quest Diagnostics to Develop Multi-cancer Stratification (MCaST) Blood Test Based on MD Anderson Technology
Prnewswire· 2025-06-10 12:03
SECAUCUS, N.J., June 10, 2025 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), a leading provider of diagnostic information services, today announced a collaboration with The University of Texas MD Anderson Cancer Center (MD Anderson) designed to improve the assessment of elevated risk of cancer in individuals who would benefit from medically appropriate cancer screenings. Under terms of the agreement, Quest will develop and validate a laboratory-developed blood test based on circulating protein biomarkers as ...
Biodesix Partners with Association of Pulmonary Advanced Practice Providers (APAPP) to Deliver Nation's First Medical Education for APPs on Biomarkers in Lung Nodule and Lung Cancer Programs
Globenewswire· 2025-06-10 10:17
Core Insights - Biodesix, Inc. partners with the Association of Pulmonary Advanced Practice Providers (APAPP) to enhance educational programs for lung cancer risk assessment and patient care [1][2][4] Group 1: Partnership and Educational Initiatives - The collaboration aims to provide new educational resources for lung health providers, focusing on innovative lung nodule risk assessment testing and cancer treatment decision support testing [2][3] - Programs will be introduced to educate providers in diverse care settings, including rural and metropolitan areas, to manage large and diverse patient populations [3][4] Group 2: Lung Cancer Statistics and Impact - Lung cancer is highlighted as the deadliest cancer, with nearly as many annual deaths in the U.S. as breast, prostate, and colon cancers combined [2] - Current statistics indicate that 1 in 18 Americans will receive a lung cancer diagnosis in their lifetime, emphasizing the need for earlier detection and personalized treatment options [4] Group 3: Company Profiles - Biodesix is a leading diagnostic solutions company focused on improving clinical care and outcomes for patients with lung disease through its diagnostic tests [6] - APAPP is the first association dedicated to Advanced Practice Providers in pulmonary medicine, uniting Nurse Practitioners and Physician Assistants to enhance excellence in pulmonology [5]
Third Expansion of IDEXX's Catalyst Platform in Under a Year Delivers Critical Insights to Veterinarians Evaluating Canine Patients for Endocrine Disorders
Prnewswire· 2025-06-05 11:00
Core Insights - IDEXX Laboratories, Inc. has launched the Catalyst® Cortisol Test, which provides real-time quantitative cortisol measurements to assist in diagnosing Addison's disease and managing Cushing's syndrome in dogs [1][4][5] Group 1: Product Launch and Features - The Catalyst Cortisol Test is the third expansion of the Catalyst platform within a year, enhancing diagnostic capabilities for veterinary practices [1][4] - This test allows for immediate diagnosis or ruling out of Addison's disease and Cushing's syndrome during patient visits, facilitating timely treatment [4][6] - The test will be available in the U.S. and Canada by the end of July 2025, with a global rollout expected to start in Q3 2025 [6] Group 2: Importance of the Test - Addison's disease is challenging to diagnose due to its nonspecific symptoms, making early detection crucial for effective treatment [3] - Cushing's syndrome, prevalent in older dogs, requires long-term management, and untreated cases can severely impact quality of life [3] - The Catalyst Cortisol Test improves long-term care for dogs with Cushing's syndrome by enabling tailored treatment adjustments [4] Group 3: Company Vision and Commitment - IDEXX emphasizes its commitment to advancing veterinary care through innovative solutions that enhance clinical insights and care delivery [5][7] - The test integrates with existing IDEXX systems, providing real-time interpretive guidance to streamline workflows for veterinary teams [8]
OPKO Health (OPK) 2025 Conference Transcript
2025-06-04 16:05
OPKO Health (OPK) 2025 Conference June 04, 2025 11:05 AM ET Speaker0 Yep. I'm good. Speaker1 Good back. Okay. Hi, everyone. My name is Maury Raycroft and one of the biotech analysts at Jefferies. So it's a great pleasure that I'd like to welcome the team from OpCo. We've got Elliot Serhouni, president, and then Adam Logel, CFO. Thanks so much for joining us today. We're going to do a fireside chat format. So maybe to start things off for those who are new to the company, you can give a one minute intro to O ...
Castle Biosciences (CSTL) 2025 Conference Transcript
2025-06-04 12:35
Castle Biosciences (CSTL) 2025 Conference June 04, 2025 07:35 AM ET Speaker0 Good morning. My name is Derek Maslow. I'm the CEO of Casa Biosciences. With me today is Frank Stokes, our CFO. I want to thank Jefferies Conference for the opportunity to come and present today and look forward to taking questions when we get done. Let's talk a little bit about Castle Biosciences. First, I encourage everybody to read through our disclaimers on the corporate presentation located on our website. So we try and focus ...
Myriad Genetics Announces Early Access to the FirstGene Multiple Prenatal Screen
Globenewswire· 2025-06-03 13:00
Core Viewpoint - Myriad Genetics, Inc. has announced early access to the FirstGene Multiple Prenatal Screen, which aims to provide a comprehensive prenatal genetic risk assessment through a single blood draw without requiring paternal testing [1][2][3] Group 1: Product Overview - The FirstGene screen combines multiple testing modalities into one assay, identifying carrier status for the pregnant individual and assessing fetal risk for genetic anomalies, including chromosomal aneuploidies and pathogenic mutations in ten severe recessive conditions [2][6] - The screen also evaluates RhD compatibility between the pregnant patient and the fetus, enhancing the overall prenatal assessment process [2][6] - The assay utilizes cell-free DNA from the pregnant person, eliminating the need for a sample from the paternal reproductive partner, which is significant as only 41.5% of male partners undergo carrier screening when the pregnant person is known to be a carrier of an autosomal recessive condition [5] Group 2: Clinical Study and Validation - The FirstGene screen will be evaluated in the CONNECTOR study, which plans to enroll over 5,000 patients across multiple clinical sites, aiming to establish clinical validity and utility in a real-world setting [3] - The screen has demonstrated over 98.6% sensitivity and 99.6% specificity across variants in both the fetus and the pregnant individual, indicating its high analytical performance [3][4] Group 3: Company Strategy and Growth Opportunity - The introduction of the FirstGene screen represents a significant growth opportunity for Myriad Genetics, expanding its prenatal portfolio and enhancing the company's position in the molecular diagnostic testing market [3][8] - Myriad Genetics is committed to advancing health and well-being through innovative molecular tests that guide treatment decisions and improve patient care [8]
Biodesix to Participate in Upcoming Investor Conferences
GlobeNewswire News Room· 2025-05-21 10:00
Group 1 - Biodesix, Inc. will participate in two upcoming investor conferences: the 22nd Annual Craig-Hallum Institutional Investor Conference on May 28, 2025, and the 45th Annual William Blair Growth Stock Conference on June 4, 2025 [1] - The presentation at the William Blair Growth Stock Conference will be webcast live and available for replay on the company's website [1] Group 2 - Biodesix is a leading diagnostic solutions company focused on improving clinical care and outcomes for patients, particularly in lung disease [2] - The company's diagnostic tests, Nodify Lung® and IQLung™, support clinical decisions to expedite personalized care [2] - Biodesix Development Services provide scientific, technological, and operational capabilities to biopharmaceutical and life sciences institutions for developing diagnostic tests and therapeutics [2]
Biodesix Announces New Clinical and Economic Data for its Nodify Lung® Tests at ISPOR and ATS
Globenewswire· 2025-05-15 10:00
Core Insights - Biodesix, Inc. announced new data presentations at ISPOR 2025 and ATS 2025, focusing on lung cancer diagnosis and management [1][2][4] Group 1: Study Findings - A study involving over 350,000 patients revealed that approximately two-thirds do not receive clinical work-up after lung nodule discovery, indicating a significant gap in patient management [3] - The study also found that 60% of biopsies were performed on benign nodules, while 35% of malignant nodules did not receive timely follow-up CT scans, highlighting the need for improved triage methods [3] Group 2: Clinical Applications - The Nodify Lung testing was shown to play a crucial role in lung cancer screening programs, providing actionable results that can guide management decisions [5] - Biodesix's diagnostic tests, including Nodify Lung Nodule Risk Assessment and IQLung™ Cancer Treatment Guidance, are designed to enhance clinical decision-making and improve patient outcomes [6]