Welcome to our dedicated page for Guardant Health news (Ticker: GH), a resource for investors and traders seeking the latest updates and insights on Guardant Health stock.
Guardant Health, Inc. (symbol: GH) is a pioneering biotechnology company headquartered in Redwood City, California. The company specializes in liquid-based cancer tests, providing innovative diagnostic tools for both clinical and research purposes. Guardant Health is renowned for its comprehensive liquid biopsy solutions, which offer non-invasive methods to access and sequence tumor DNA.
The company's flagship products include:
- Guardant360 LDT: A liquid biopsy test that assists in treatment selection for advanced-stage cancer patients.
- Guardant360 CDx: An FDA-approved companion diagnostic for several targeted therapies, ensuring precise treatment plans.
- Guardant OMNI: A broad gene panel designed for immuno-oncology research, aiding in the understanding of cancer's genetic underpinnings.
- Reveal: Launched in 2021, this tumor-agnostic molecular residual disease (MRD) test helps monitor cancer recurrence or residual disease at the molecular level.
- Shield: Introduced in 2022, this lab-developed test offers a non-invasive screening option for colorectal cancer (CRC).
Guardant Health's cutting-edge technologies have been widely adopted by thousands of oncologists globally, benefiting tens of thousands of advanced cancer patients. The company has made significant strides in early cancer detection, with ongoing projects that promise to deliver profound impacts on patient care.
Financially, Guardant Health has raised over $500 million from prestigious investors such as Sequoia Capital, Khosla Ventures, Orbimed, and SoftBank. This substantial backing underscores the confidence in Guardant's potential to revolutionize cancer diagnostics and treatment.
In addition to its product offerings, Guardant Health provides research development services, including regulatory approval consultancy and clinical trial referrals. These services are designed to support the seamless integration of their diagnostic tools into clinical practice and research settings.
Stay updated with the latest news and developments about Guardant Health, Inc. as the company continues to push the boundaries of cancer diagnostics and treatment.
Guardant Health (Nasdaq: GH) is expanding its Clear Your View campaign to raise awareness for complete biomarker testing in newly diagnosed advanced colorectal cancer (CRC) patients. Despite guidelines recommending testing for six biomarkers, over 60% of patients do not receive complete testing, risking suboptimal therapy. The initiative encourages oncologists to “stop, test, and wait” for testing results to increase treatment efficacy. The campaign is supported by various patient advocacy groups and emphasizes the importance of personalized treatment to improve survival rates.
Guardant Health (Nasdaq: GH) has achieved CE-marking for the Guardant360® CDx test, which profiles tumor mutations in patients with any solid malignant neoplasm. This test is also approved as a companion diagnostic for non-small cell lung cancer patients with EGFR alterations, indicating suitability for Tagrisso® (osimertinib) treatment. CE-marking enhances global accessibility of Guardant360 CDx, crucial for guiding personalized cancer treatments based on comprehensive genomic profiling. The test complements Guardant Health's mission to advance precision oncology.
Guardant Health reported a 25% increase in Q4 revenue to $78.3 million and a 34% yearly increase to $286.7 million in 2020. Notably, precision oncology revenue grew 31%, supported by a 70% rise in clinical testing. The company launched Guardant Reveal and expanded its partnership with Vall d’Hebron Institute of Oncology. Despite these gains, operating expenses surged 110% to $141.1 million in Q4, leading to a net loss of $93.7 million. Looking ahead, Guardant expects 2021 revenue between $360 million and $370 million.
Guardant Health (Nasdaq: GH) announces its participation in two upcoming virtual investor conferences. The 10th Annual SVB Leerink Global Healthcare Conference will feature a fireside chat on February 26 at 1:20 p.m. PT. Additionally, the Cowen 41st Annual Health Care Conference will hold a fireside chat on March 2 at 8:10 a.m. PT. Interested parties can access live and archived webcasts on the company’s website. Guardant Health is a leader in precision oncology, focusing on blood tests and advanced analytics to improve cancer patient outcomes and lower healthcare costs.
Guardant Health, Inc. (Nasdaq: GH) will report its fourth quarter and full year 2020 financial results after the market closes on February 24, 2021. A conference call to discuss these results will follow at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time, available for live streaming on the company’s website. Guardant Health is at the forefront of precision oncology, providing proprietary blood tests and advanced analytics to improve cancer care and outcomes. Their tests include Guardant360® and GuardantOMNI®, aiming to enhance early-stage cancer detection and management.
Guardant Health (Nasdaq: GH) reported findings from a study in JCO Precision Oncology demonstrating that its Guardant360 liquid biopsy detects 23.6% more actionable mutations compared to tissue biopsies for advanced non-small cell lung cancer (NSCLC). In a cohort of 186 patients, the liquid biopsy showed similar treatment responses and progression-free survival. The study advocates for a 'blood-first' approach, addressing challenges like insufficient tissue samples which affect 30% of patients. CEO Helmy Eltoukhy emphasized the need for broader adoption of liquid biopsies following recent FDA approval for the Guardant360 CDx test.
Guardant Health, Inc. (Nasdaq: GH) and Vall d’Hebron Institute of Oncology (VHIO) have formed a partnership to establish liquid biopsy testing services at VHIO's facility in Barcelona, Spain. This service aims to enhance access to genomic testing for cancer patients, starting with private patients and expanding to the public healthcare system. The partnership will support clinical trial eligibility assessments and accelerate cancer therapeutics research. Guardant Health's tests are backed by extensive clinical evidence and have received both CE mark and U.S. FDA approvals.
Guardant Health (Nasdaq: GH) will showcase significant data on its blood tests at the virtual 2021 ASCO Gastrointestinal Cancers Symposium from January 15-17, 2021. The presentations will focus on the clinical utility of Guardant’s liquid biopsy technology in screening and treating colorectal cancer. CEO Helmy Eltoukhy emphasized the importance of these tests in tracking treatment responses and early detection of cancer recurrence. Notable highlights include the Guardant Reveal™ test and the LUNAR-2 ECLIPSE trial aimed at early detection in average-risk adults.
Guardant Health (Nasdaq: GH) announced its participation in the 39th Annual J.P. Morgan Virtual Healthcare Conference, scheduled for January 11 at 7:50 a.m. PT / 10:50 a.m. ET. The event will feature a presentation by the company's management, accessible via a live and archived webcast on their website. Guardant Health specializes in precision oncology, offering blood tests and analytics that enhance cancer care. Their platforms, including Guardant360® and GuardantOMNI®, focus on advanced cancer treatment and early detection strategies.
Guardant Health, Inc. (Nasdaq: GH) has appointed Michael Bell as its new Chief Financial Officer (CFO), effective January 5, 2021. He succeeds Derek Bertocci, who retired after four years with the company. Bell brings over 25 years of finance experience from companies such as CareDx and Novartis Diagnostics. CEO Helmy Eltoukhy emphasized Bell's capability to enhance the company's financial operations and support its goal of transforming cancer care. Guardant Health specializes in precision oncology through proprietary blood tests and advanced analytics.
FAQ
What is the current stock price of Guardant Health (GH)?
What is the market cap of Guardant Health (GH)?
What does Guardant Health, Inc. specialize in?
What are the main products offered by Guardant Health?
What is Guardant360 CDx?
How does Guardant Health support cancer research?
What is the significance of the Reveal test?
What is the purpose of the Shield test?
Who are some of the major investors in Guardant Health?
Where is Guardant Health, Inc. headquartered?
What is the Guardant360 LDT test used for?
How does Guardant Health contribute to early cancer detection?
