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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.
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La cobertura de Medicare de la prueba de sangre de Monitoreo del Cáncer de Guardant Health hace subir las reservas un 21,1%.