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. (CSTL) delivers innovative diagnostic solutions that transform cancer care through genomic insights. This news hub provides investors and healthcare professionals with essential updates on the company’s advancements in precision oncology diagnostics.
Access authoritative information about CSTL’s latest developments, including new test validations, clinical study results, and strategic partnerships. Our curated collection features earnings reports, regulatory milestones, and research breakthroughs across key focus areas like melanoma diagnostics and pharmacogenomics.
Stay informed about critical updates including:
- FDA-cleared test announcements
- Peer-reviewed study publications
- Financial performance reports
- Collaborative oncology initiatives
- Expanded clinical utility data
Bookmark this page for streamlined access to Castle Biosciences’ verified news. Check regularly for updates that impact diagnostic practices and investment considerations in the genomic testing sector.
Castle Biosciences (CSTL) will present at Baird’s 2022 Global Healthcare Conference on Sept. 13, 2022, at 2:00 p.m. ET. The presentation, led by CEO Derek Maetzold and CFO Frank Stokes, will be available via a live audio webcast on their website, with a replay for 90 days. Additionally, they will participate in one-on-one investor meetings at the Lake Street Best Ideas Growth Conference on Sept. 14, 2022. Castle is focused on diagnostics for conditions like skin cancers and Barrett’s esophagus.
Castle Biosciences, Inc. (CSTL) will host an Investor Day on Sept. 20, 2022, from 4:00 p.m. to 6:30 p.m. EDT, featuring insights on corporate strategy, growth plans, and financial outlook. Key executives, including
Castle Biosciences (CSTL) reported a 53% increase in Q2 2022 revenue to $34.8 million, alongside a 57% rise in total test reports delivered. The firm raised its full-year revenue guidance to $130–135 million. Key test volumes included 7,125 DecisionDx-Melanoma reports, up 39%, and 1,344 DecisionDx-SCC reports, up 71%. Despite positive revenue growth, net loss for Q2 was $(1.6) million, an improvement from $(8.8) million in 2021. Cash and equivalents stood at $273 million as of June 30, 2022.
Castle Biosciences (NASDAQ: CSTL) announced that the American Gastroenterological Association recognizes its TissueCypher® Barrett’s Esophagus test as beneficial for risk stratification in patients with non-dysplastic Barrett’s esophagus. This test aims to predict progression to high-grade dysplasia (HGD) and esophageal adenocarcinoma (EAC). The AGA's best practice advice highlights the potential of TissueCypher to enhance clinical decision-making, identifying high-risk patients who may benefit from tailored treatment plans. This represents a significant advancement in managing Barrett’s esophagus.
Castle Biosciences (NASDAQ: CSTL) is set to present a company overview at the Canaccord Genuity 42nd Annual Growth Conference on August 10, 2022, at 1:00 p.m. Eastern time. The presentation will be led by
Castle Biosciences, Inc. (CSTL) will release its financial results for Q2 and six months ending June 30, 2022, after market close on August 8, 2022. A conference call to discuss the results is scheduled for 4:30 p.m. Eastern Time on the same day. The webcast will be available on the company's Investor Relations page. Castle specializes in diagnostics, focusing on innovative tests for skin cancers and other conditions, with ongoing research in new test developments.
Castle Biosciences (NASDAQ: CSTL) announces a milestone of over 100,000 orders for its DecisionDx-Melanoma test. This test assists in guiding treatment decisions for patients diagnosed with cutaneous melanoma. Since its launch, more than 105,000 tests have been ordered by over 10,200 providers. The test's clinical utility is backed by over 35 peer-reviewed publications and has shown a 27% improvement in melanoma-specific survival in recent studies. The company's commitment to transforming patient care continues to drive its innovations in diagnostics.
Castle Biosciences (NASDAQ: CSTL) announced a presentation on its DecisionDx-Melanoma test at the 2022 American Academy of Dermatology Innovation Academy in Vancouver, Canada, from July 21-24. The test assesses individual risk for sentinel lymph node positivity and melanoma recurrence using a 31-gene expression profile. Dr. Aaron Farberg will discuss how this test aids in decision-making and improves patient outcomes. Over 97,288 tests have been ordered as of March 31, 2022, showing significant engagement and validation in melanoma management.
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.
