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Biodesix to Report First Quarter 2022 Financial Results on May 11, 2022

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Biodesix (NASDAQ: BDSX) will announce its Q1 2022 financial results on May 11, 2022, before market open. A conference call will take place at 8:00 a.m. ET the same day, allowing management to discuss results and provide business updates. Biodesix specializes in diagnostic solutions for lung diseases, utilizing advanced AI technology.

The company has developed non-invasive tests addressing significant clinical questions, including the Nodify Lung® tests for risk assessment and the IQLung™ tests for treatment decisions in lung cancer patients.

Positive
  • Biodesix offers eight non-invasive tests for lung diseases.
  • Nodify Lung® testing helps in effectively triaging patients with pulmonary nodules.
Negative
  • None.

BOULDER, Colo.--(BUSINESS WIRE)-- Biodesix, Inc. (Nasdaq: BDSX), a leading data-driven diagnostic solutions company with a focus in lung disease, today announced that it will release financial results for the first quarter ended March 31, 2022 before the open of trading on Wednesday, May 11. Biodesix’s management will host a conference call and webcast to discuss its financial results and provide a general business update at 8:00 a.m. Eastern Time on the same day. Dial-in and call details are as follows:

Wednesday, May 11th at 8:00 a.m. Eastern Time
Domestic: 833-665-0678
International: 929-517-0173
Conference ID: 7350548
Webcast: https://edge.media-server.com/mmc/p/bqdzbx9a

About Biodesix
Biodesix is a leading data-driven diagnostic solutions company with a focus in lung disease. The Company develops diagnostic tests addressing important clinical questions by combining multi-omics through the power of artificial intelligence. Biodesix is the first company to offer eight non-invasive tests for patients with lung diseases. The blood based Nodify Lung® nodule risk assessment testing strategy, consisting of the Nodify XL2® and the Nodify CDT® tests, evaluates the risk of malignancy in incidental pulmonary nodules, enabling physicians to better triage patients to the most appropriate course of action. The blood based IQLung™ strategy for lung cancer patients integrates the GeneStrat ddPCR™ test, the GeneStrat NGS™ test and the VeriStrat® test to support treatment decisions across all stages of lung cancer with results in an unprecedented 36-72 hours, expediting time to treatment. Biodesix also leverages the proprietary and advanced Diagnostic Cortex® AI (Artificial Intelligence) platform, to collaborate with many of the world’s leading biotechnology and pharmaceutical companies to solve complex diagnostic challenges in lung disease. Biodesix launched the SARS-CoV-2 ddPCR™ test, the Platelia SARS-CoV-2 Total Ab, and the cPass™ SARS-CoV-2 Neutralization Antibody test (cPass™ Neutralization Test Kit, GenScript, Inc,) in response to the global pandemic and virus that impacts the lung and causes COVID-19. For more information about Biodesix, visit biodesix.com.

Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements that involve substantial risks and uncertainties for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical fact, are forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “plan,” “expect,” “predict,” “potential,” “opportunity,” “goals,” or “should,” and similar expressions are intended to identify forward-looking statements. Such statements are based on management’s current expectations and involve risks and uncertainties. Actual results and performance could differ materially from those projected in the forward-looking statements as a result of many factors. Biodesix has based these forward-looking statements largely on its current expectations and projections about future events and trends. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions. Forward-looking statements may include information concerning the impact of the COVID-19 pandemic on Biodesix and its operations, it is possible or assumed future results of operations, including descriptions of its revenues, profitability, outlook, and overall business strategy. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. The Company's ability to continue as a going concern could cause actual results to differ materially from those contemplated in this press release and additionally, other factors that could cause actual results to differ materially from those contemplated in this press release can be found in the Risk Factors section of Biodesix’s most recent annual report on Form 10-K, filed March 14, 2022 or subsequent quarterly reports on Form 10-Q during 2022, if applicable. Biodesix undertakes no obligation to revise or publicly release the results of any revision to such forward-looking statements, except as required by law. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement.

Media:

Bobbi Coffin

bobbi.coffin@biodesix.com

(303) 892-3203

Investors:

Chris Brinzey

chris.brinzey@westwicke.com

(339) 970-2843

Source: Biodesix, Inc.

FAQ

When will Biodesix release its Q1 2022 financial results?

Biodesix will release its Q1 2022 financial results on May 11, 2022.

What is Biodesix's plan for its Q1 2022 earnings call?

Biodesix plans to host a conference call and webcast on May 11, 2022, at 8:00 a.m. ET to discuss its financial results.

What are Biodesix's main diagnostic offerings?

Biodesix's main offerings include the Nodify Lung® tests and IQLung™ strategy for lung cancer.

What is the significance of Biodesix's Nodify Lung® tests?

The Nodify Lung® tests assess the risk of malignancy in incidental pulmonary nodules.

How does Biodesix utilize AI in its diagnostic solutions?

Biodesix leverages its proprietary Diagnostic Cortex® AI platform to enhance diagnostic capabilities in lung disease.

Biodesix, Inc.

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