STOCK TITAN

Castle Biosciences, Inc. - CSTL STOCK NEWS

Welcome to our dedicated page for Castle Biosciences news (Ticker: CSTL), a resource for investors and traders seeking the latest updates and insights on Castle Biosciences stock.

Castle Biosciences, Inc. (symbol: CSTL) is a pioneering company specializing in diagnostic tests for a variety of cancers. Founded in 2008, Castle Biosciences has dedicated itself to advancing cancer care through objective and accurate testing. The company's primary mission is to provide physicians and patients with personalized, clinically actionable genomic information to facilitate more precise treatment decisions.

Castle Biosciences offers a range of diagnostic tests that assist doctors in the treatment of various cancers. Their current product portfolio includes tests for cutaneous melanoma, uveal melanoma, esophageal adenocarcinoma, mesothelioma, and glioma. Notably, their products include DecisionDx-Melanoma, DecisionDx-CMSeq, and DecisionDx-PRAME, all designed to provide vital information that can influence the course of cancer treatment.

The company is not just limited to its existing portfolio; it actively engages in research programs aimed at developing diagnostic tests for other under-served cancers, such as rectal cancer and soft tissue sarcoma. These initiatives underscore Castle Biosciences' commitment to addressing gaps in cancer diagnostics and improving patient outcomes.

Castle Biosciences collaborates closely with leading members of the oncology community to ensure that their tests are both innovative and clinically relevant. This collaboration spans the discovery, development, and practical utilization of their diagnostic tests, reinforcing their standing as a crucial player in the field of cancer diagnostics.

The company is currently in a robust financial condition, reflecting its successful commercialization efforts and consistent revenue growth. Recent achievements include expanding their test portfolio and forging strategic partnerships aimed at broadening their market reach and enhancing their technological capabilities.

For the latest updates and detailed information on Castle Biosciences, Inc. and its products, please visit their official website at www.castlebiosciences.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.97%
Tags
none
-
Rhea-AI Summary

Castle Biosciences (Nasdaq: CSTL) reported findings from a study on uveal melanoma patients' attitudes towards prognostic testing with DecisionDx-UM. The research, presented at the 20th International Society of Ocular Oncology congress, showed that 90% of 177 surveyed patients desired prognostic information at diagnosis. Notably, there was no significant difference in decision regret among varying risk classifications (Class 1A, 1B, Class 2). Patients appreciated the insights gained from the test, including better understanding of their disease and personalized treatment options.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.78%
Tags
none
-
Rhea-AI Summary

Castle Biosciences (CSTL) announced new findings demonstrating that its tests, DecisionDx-Melanoma and DecisionDx-SCC, can significantly improve patient management in skin cancer treatment. A pooled analysis revealed that DecisionDx-Melanoma effectively identifies high-risk melanoma patients among traditionally low-risk groups, with a notable difference in 3-year recurrence-free survival rates (75.9% vs. 97.7%). Additionally, a survey of dermatologic clinicians indicated that DecisionDx-SCC results can lead to risk-aligned treatment adjustments. The lab workflow for MyPath Melanoma and DecisionDx DiffDx-Melanoma achieved over 99% reporting of actionable results.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.26%
Tags
none
Rhea-AI Summary

Castle Biosciences (CSTL) has partnered with Oregon Health & Science University in the War on Melanoma, a public health initiative aimed at early detection and prevention of melanoma. This collaboration supports education and awareness programs, including the Start Seeing Melanoma campaign and the Skin Crew, which involves professionals identifying potential skin cancer signs. Castle emphasizes the importance of early diagnosis in improving patient outcomes. The company continues to focus on innovative tests to enhance patient care and disease management.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Castle Biosciences announced the results of a recent poster presentation regarding its DecisionDx®-Melanoma test at the 2022 Fall Clinical Dermatology Conference. The study surveyed 120 melanoma patients and revealed that 90% wanted prognostic information at diagnosis. The findings indicate that patients value the insights provided by the DecisionDx-Melanoma test, with over 90% finding it useful for understanding their condition. The test has been ordered 97,288 times, suggesting its growing adoption in clinical settings.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.8%
Tags
none
-
Rhea-AI Summary

Castle Biosciences (Nasdaq: CSTL) announces a presentation at the JMP Securities Life Sciences Conference on June 16, 2022, by CEO Derek Maetzold and CFO Frank Stokes at 10:30 a.m. Eastern time. A live audio webcast will be accessible on Castle's website, with a replay available for two weeks post-event. The company focuses on innovative diagnostic tests for various cancers and health conditions, aiming to enhance patient care through advanced solutions. For details, visit CastleBiosciences.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.68%
Tags
conferences
Rhea-AI Summary

Castle Biosciences has been awarded the 'Best New Technology Solution – Dermatology' in the MedTech Breakthrough Awards for its DecisionDx®-Melanoma gene expression profile test. This award recognizes Castle's innovation in predicting the risk of metastasis and recurrence in patients with invasive cutaneous melanoma. The DecisionDx-Melanoma test combines clinical factors with tumor biology, providing personalized treatment insights. In 2021, Castle's tests also received accolades in oncology, showcasing its commitment to improving patient care through advanced diagnostics.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.05%
Tags
none
-
-
Rhea-AI Summary

Castle Biosciences (NASDAQ: CSTL) announced new study findings showing that its TissueCypher® Barrett’s Esophagus test can accurately predict progression to high-grade dysplasia (HGD) and esophageal adenocarcinoma (EAC) in patients with Barrett’s esophagus (BE). The study involved 154 patients and found that TissueCypher surpassed standard pathology, accurately identifying 71% of those who progressed, compared to 63% by pathologists. The test may help standardize care plans and improve management decisions for BE patients, reducing risks of missed diagnoses.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.44%
Tags
none
Rhea-AI Summary

Castle Biosciences has partnered with Research to Prevent Blindness to enhance research opportunities for medical students focused on ocular cancer. The initiative includes funding for a fellowship that allows students to dedicate a year to ocular cancer research, addressing conditions like uveal melanoma, which affects approximately 2,000 individuals annually in the U.S. The fellowship offers a $30,000 grant, facilitating significant research contributions in this underrepresented field.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.29%
Tags
none

FAQ

What is the current stock price of Castle Biosciences (CSTL)?

The current stock price of Castle Biosciences (CSTL) is $29.81 as of November 22, 2024.

What is the market cap of Castle Biosciences (CSTL)?

The market cap of Castle Biosciences (CSTL) is approximately 842.5M.

What does Castle Biosciences specialize in?

Castle Biosciences specializes in diagnostic tests for various cancers, providing genomic information to aid in treatment decisions.

When was Castle Biosciences founded?

Castle Biosciences was founded in 2008.

What types of cancer does Castle Biosciences have tests for?

Castle Biosciences has tests for cutaneous melanoma, uveal melanoma, esophageal adenocarcinoma, mesothelioma, and glioma.

What are some of Castle Biosciences' notable products?

Notable products include DecisionDx-Melanoma, DecisionDx-CMSeq, and DecisionDx-PRAME.

Is Castle Biosciences involved in research for new diagnostic tests?

Yes, they have active research programs in rectal cancer and soft tissue sarcoma, among others.

Where can I find more information about Castle Biosciences and its products?

You can visit their official website at www.castlebiosciences.com for more detailed information.

What is the primary mission of Castle Biosciences?

The primary mission is to provide personalized, clinically actionable genomic information to make more accurate treatment decisions.

Does Castle Biosciences collaborate with other entities?

Yes, they work closely with outstanding members of the oncology community throughout the discovery, development, and utilization of their tests.

What is Castle Biosciences' financial condition?

The company is in a robust financial condition, reflecting successful commercialization efforts and consistent revenue growth.

How does Castle Biosciences contribute to cancer care?

By providing objective and accurate diagnostic tests, Castle Biosciences helps advance cancer care and improve patient outcomes.

Castle Biosciences, Inc.

Nasdaq:CSTL

CSTL Rankings

CSTL Stock Data

842.46M
27.11M
3.25%
95.3%
5.74%
Diagnostics & Research
Services-medical Laboratories
Link
United States of America
FRIENDSWOOD