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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.

News

Castle Biosciences to Present at the 23rd Annual Needham Virtual Healthcare Conference

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Castle Biosciences, Inc. (CSTL) is set to present at the 23rd Annual Needham Virtual Healthcare Conference, offering a company overview on April 9, 2024. The presentation will be available via live audio webcast on the company's website, with a replay option post-event.
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Castle Biosciences Announces Updates to its Board of Directors

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Castle Biosciences, Inc. (CSTL) appoints Rodney Cotton to its board of directors, bringing extensive leadership experience from Roche Diagnostics. Mara G. Aspinall will not stand for re-election. Cotton's background includes financial turnarounds, global healthcare leadership, and COVID-19 response initiatives.
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Castle Biosciences Earns a Top Workplaces USA Award for the Third Consecutive Year

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Castle Biosciences, Inc. (CSTL) receives the Top Workplaces USA award for the third year in a row, ranking 28th among 370 companies. The company is recognized for its exceptional workplace culture that prioritizes employee empowerment, trust, transparency, and authenticity. The award is attributed to the dedication of Castle's employees and their commitment to improving health through innovative tests that guide patient care.
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Long-term Outcomes Data Shared at SSO 2024 Show That Patients with a Low-Risk DecisionDx®-Melanoma Test Result Were Recurrence Free at Three Years, Including Those Who Utilized the Test to Help Guide the Decision to Avoid an SLNB

Rhea-AI Summary
Castle Biosciences presents new data at SSO 2024 demonstrating DecisionDx-Melanoma's ability to predict risk of sentinel lymph node positivity in patients with cutaneous melanoma. The test can help identify high-risk patients who may benefit from more intensive treatment pathways, such as sentinel lymph node biopsy and imaging surveillance.
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Leading Squamous Cell Carcinoma Practitioners Publish Consensus Guidelines Integrating DecisionDx®-SCC into a Clinical Workflow to Improve Decision-Making Regarding the Use of Adjuvant Radiation Therapy

Rhea-AI Summary
Castle Biosciences, Inc. (CSTL) releases expert consensus guidelines on the use of DecisionDx-SCC test in determining adjuvant radiation therapy for high-risk squamous cell carcinoma patients. The guidelines aim to improve precision in treatment recommendations based on risk assessment and AJCC8 staging.
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New Study Shows that the Drug-Drug Interactions and Lifestyle Factors Provided by Castle Biosciences’ IDgenetix® Test Significantly Improve Medication Recommendations Over Drug-Gene Interactions Alone for Patients 65 and Older

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Castle Biosciences, Inc. (CSTL) announces new data highlighting the value of its IDgenetix pharmacogenomic (PGx) test in guiding medication recommendations for older adults with mental health conditions. The study shows one-third of medication recommendations were due to drug-drug interactions and lifestyle factors, emphasizing the importance of personalized medication selection in elderly patients.
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Castle Biosciences to Present at the KeyBanc Capital Markets Virtual Life Sciences & MedTech Investor Forum

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Castle Biosciences, Inc. (CSTL) will present a company overview at the KeyBanc Capital Markets Virtual Life Sciences & MedTech Investor Forum on March 19, 2024. The live webcast can be accessed on the company's website.
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Castle Biosciences to Present New Data Highlighting the Clinical Value of its Dermatologic Tests for Patients with Skin Cancer at the 2024 American Academy of Dermatology (AAD) Annual Meeting

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Castle Biosciences, Inc. (CSTL) announces data presentations at AAD Annual Meeting showcasing improved survival in patients with cutaneous melanoma using DecisionDx-Melanoma test. The company's gene expression profile tests demonstrate effectiveness in guiding personalized care for skin cancer patients.
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In Novel Cohort, New Data Confirms DecisionDx®-SCC Provides Significant, Independent and Clinically Actionable Risk-Stratification of Patients, Including in Various High-Risk Subgroups

Rhea-AI Summary
Castle Biosciences, Inc. (CSTL) announces the largest study of its DecisionDx-SCC test for high-risk cutaneous squamous cell carcinoma, demonstrating improved predictive accuracy and personalized treatment pathways. The study highlights the test's ability to guide risk-appropriate treatment decisions, reducing overtreatment and undertreatment, based on patients' biological risk of metastasis.
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Castle Biosciences Reports Fourth Quarter and Full-Year 2023 Results

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Castle Biosciences (CSTL) reports a strong performance in 2023, with $220 million revenue, a 60% increase from 2022, and 70,429 test reports delivered. The company also achieved $243 million in cash, two critical publications associating with DecisionDx-Melanoma testing, and a successful conference call.
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FAQ

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

The current stock price of Castle Biosciences (CSTL) is $28.88 as of November 21, 2024.

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

The market cap of Castle Biosciences (CSTL) is approximately 819.2M.

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.

Stock CSTL logo
Castle Biosciences, Inc.

Nasdaq:CSTL

CSTL Rankings

#2710 Ranked by Market Cap
N/A Ranked by Dividends

CSTL Stock Data

819.21M
27.11M
3.25%
95.3%
5.74%
Diagnostics & Research
Services-medical Laboratories
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United States of America
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