Guardant Health shares plunged 27% after it released disappointing blood test results - Silicon Valley Business Journal

  • 📰 svbizjournal
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

United States News News

United States United States Latest News,United States United States Headlines

Guardant Health released test results showing its blood test accurately detected colorectal cancer or precancer 83% of the time.

Dec 16, 2022, 4:32pm PST

The results indicate Guardant's test won't be an adequate substitute for colonoscopies or Cologuard, a screening that looks for signs of cancer in patients' stool, Jeffries analyst Brandon Couillard told Bloomberg. Cologuard maker Exact Sciences Inc. says its test is 92% accurate at detecting colon cancer., down $11.20 a piece. Earlier in the session, its shares were down as much as $13.51, or 32%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 334. in US

United States United States Latest News, United States United States Headlines