Medicare's coverage of Guardant Health's cancer-monitoring blood test sends stock up 21.1%.

Guardant Health's stock spiked by 21.1% after Medicare agreed to cover their Guardant Reveal test, used to monitor colorectal cancer recurrence post-treatment. The blood test detects circulating tumor DNA, aiding in early detection without needing a tissue sample. This coverage expansion is expected to boost Guardant Health's revenue and market presence in the growing cancer blood test industry.

2 months ago
7 Articles