Welcome to our dedicated page for BIODESIX news (Ticker: BDSX), a resource for investors and traders seeking the latest updates and insights on BIODESIX stock.
Biodesix, Inc. (Nasdaq: BDSX) is a diagnostic solutions company with a strong focus on lung disease and oncology, and its news flow reflects that specialization. Company updates frequently cover performance of its lung diagnostics business, including revenue trends, test volumes, and reimbursement developments for its Biodesix Diagnostic Tests marketed as Nodify Lung® Nodule Risk Assessment and IQLung® Cancer Treatment Guidance.
Investors and clinicians following BDSX news can expect regular financial and operating results releases, where Biodesix reports revenue from Lung Diagnostics and Development Services, discusses gross margins, and comments on measures such as Adjusted EBITDA. These announcements often describe factors influencing growth, such as increased test adoption, payer coverage, and expansion into clinical settings like pulmonology and primary care.
Biodesix also issues news about its Development Services activities and partnerships with biopharmaceutical and life sciences companies. Recent items include an expanded agreement to develop and clinically validate Droplet Digital PCR high complexity assays on Bio-Rad platforms, as well as availability of an ultra-sensitive ESR1 assay for biopharma customers and clinical use in advanced breast cancer.
Another recurring theme in BDSX news is scientific and medical conference participation. The company highlights poster presentations, workshops, and corporate events at meetings focused on lung cancer, breast cancer, pharmacoeconomics, and molecular pathology. These stories showcase new clinical utility data for Nodify Lung tests, health economic analyses of pulmonary nodule management, and research on molecular diagnostic technologies such as NGS, ddPCR, and mass spectrometry.
In addition, Biodesix reports on corporate and capital markets developments, including reverse stock split actions and Nasdaq listing compliance updates, as well as investor conference participation. For users tracking BDSX, this news page provides a centralized view of operational performance, scientific progress, collaborations, and key corporate milestones over time.
Biodesix (NASDAQ: BDSX) presented critical data on its Primary Immune Response (PIR) test at the IASLC 2022 Lung Cancer Meeting. The PIR test categorizes patients into PIR-Not Resistant and PIR-Resistant, predicting responses to immune checkpoint inhibitors (ICIs). Results indicated that the test could forecast survival outcomes (HR=2.36, p=0.02 at baseline; HR=3.53, p=0.001 after ICI initiation) and identify those prone to rapid onset of immune-related adverse events (HR=2.40, p=0.08). The test is expected to commercially launch in 2023.
Biodesix, a data-driven diagnostic solutions company focused on lung disease, announced that CEO Scott Hutton will present at Cowen’s 42nd Annual Healthcare Conference on March 8, 2022, at 2:50 PM ET. The presentation will be available for live webcast and replay on Biodesix's website. Biodesix develops innovative diagnostic tests to aid in lung disease management, leveraging AI and multi-omics technology to improve patient outcomes.
Biodesix (NASDAQ: BDSX) will announce its financial results for Q4 and full year 2021 on March 14, 2022, before market open. A conference call will follow at 8:30 AM ET to discuss these results and provide a business update. The company specializes in diagnostic solutions for lung diseases, offering eight non-invasive tests. Key products include the Nodify Lung risk assessment tests and IQLung cancer support tests, which deliver rapid results. Biodesix continues to innovate with AI-driven diagnostics and has responded to the pandemic with additional SARS-CoV-2 testing.
Biodesix, Inc. (NASDAQ: BDSX) announced its CEO was recognized as one of the Top 25 Biotech CEOs of 2022 by The Healthcare Technology Report. This acknowledgment reflects the CEO's leadership philosophy focusing on improving health outcomes. Under his guidance, Biodesix has expanded its role in lung disease diagnostics. The company offers innovative non-invasive tests and collaborates with leading biotech firms using AI to enhance diagnostic solutions. This recognition signifies the team's commitment to impacting patients with critical lung diseases.
Biodesix, Inc. (NASDAQ: BDSX) reported a strong 2021, with total revenue of
Biodesix (Nasdaq: BDSX) announced that CEO Scott Hutton will present at the BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference on February 16, 2022, at 4:30 PM ET. The company specializes in data-driven diagnostic solutions for lung diseases, offering innovative tests like Nodify Lung® for risk assessment and IQLung™ for treatment decisions in lung cancer. Biodesix utilizes AI technology to enhance diagnostic accuracy and has launched several tests, including those for COVID-19, to address urgent health needs.
PierianDx has partnered with Biodesix to enhance the GeneStrat NGS genomic test, aimed at detecting actionable mutations in patients with non-small cell lung cancer (NSCLC). The collaboration will utilize PierianDx's interpretation technology to provide comprehensive clinical interpretations for the mutations identified, facilitating personalized treatment plans. The GeneStrat NGS test can deliver results within 72 hours, significantly improving the speed of patient care. Both companies highlight their commitment to precision medicine and democratizing access to genomic testing.
Biodesix has launched its new GeneStrat NGS™ genomic test, a blood-based tumor profiling tool designed to assist in identifying targeted therapy mutations for advanced-stage lung cancer patients. This test features a 52-gene panel and offers results within an expedited 72 hours. The GeneStrat NGS test is covered by Medicare and is part of the larger IQLung™ Treatment Guidance Testing Strategy aimed at improving treatment decision-making. CEO Scott Hutton emphasizes the importance of timely results for enhancing patient outcomes.
Biodesix, Inc. (NASDAQ: BDSX) announced a successful sale of 3,756,994 common shares on December 30, 2021, generating approximately
Biodesix, Inc. (NASDAQ: BDSX) has appointed Dr. Jon Faiz Kayyem to its board of directors. Dr. Kayyem brings over 20 years of experience in academia and industry, having held significant roles at GenMark Diagnostics and other leading organizations. His expertise in clinical, commercial, and scientific domains is expected to enhance Biodesix's capabilities as it expands its diagnostic solutions for lung disease. CEO Scott Hutton highlighted Dr. Kayyem's leadership and entrepreneurial spirit as key assets to support the company's growth initiatives.
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