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 has partnered with Radius Health to seek regulatory approval for Guardant360® as a companion diagnostic for elacestrant, a treatment for advanced ER-positive, HER2-negative breast cancer resistant to CDK4/6 inhibitors. The ongoing EMERALD phase III trial is assessing elacestrant's efficacy compared to standard endocrine therapy, particularly in patients with ESR1 mutations identified by the Guardant360 test. This collaboration enhances the utility of Guardant360 in guiding treatment decisions and addresses the growing demand for liquid biopsy solutions in oncology.
Guardant Health (Nasdaq: GH) will announce its Q2 2020 financial results on August 6, 2020, following market close. A conference call will be held at 1:30 PM PT to discuss these results, accessible via the company’s website. Guardant Health is recognized for its innovative blood tests and advanced analytics aimed at improving cancer patient outcomes and reducing healthcare costs. The company has developed tests like Guardant360 and GuardantOMNI® to support advanced cancer care and is evolving its LUNAR program for early-stage cancer detection.
Guardant Health (Nasdaq: GH) announced a collaboration with Janssen Biotech to obtain regulatory approval for the Guardant360 CDx as a companion diagnostic for amivantamab, targeting non-small cell lung cancer (NSCLC) treatment in the U.S., Canada, Japan, and Europe. Guardant360, a liquid biopsy test, analyzes 74 genes to enhance genotyping rates and personalized therapy for cancer patients. The test is already covered by Medicare for most advanced solid tumors, aiding in treatment decisions.
Guardant Health, a precision oncology company, launched the GuardantINFORM platform to enhance cancer drug development. This platform integrates clinical-genomic data from over 100,000 liquid biopsy tests, aiming to provide insights into tumor evolution and treatment resistance. Key applications include targeted drug development, clinical trial optimization, and post-marketing studies. The platform presents a significant opportunity for researchers in precision oncology, focusing on advanced solid tumors. However, Guardant Health warns that the platform's future potential is subject to various risks and uncertainties.
Guardant Health (Nasdaq: GH) presented new data at the AACR Virtual Annual Meeting II, demonstrating that its LUNAR-2 liquid biopsy achieves 90% sensitivity and 94% specificity in detecting early-stage colorectal cancer (CRC). Further analysis showed a specificity of 99% among controls negative for CRC by colonoscopy. These results highlight the potential of LUNAR-2 to enhance cancer screening rates, especially amid COVID-19 challenges. The assay is currently under evaluation in the ECLIPSE trial for average-risk adults.
Guardant Health (Nasdaq: GH) has appointed Vijaya Gadde to its Board of Directors, enhancing its leadership team. Gadde, currently Chief Legal Officer at Twitter, brings extensive experience in public policy and technology management. President AmirAli Talasaz emphasized her potential to guide the company's growth in precision oncology. Gadde expressed enthusiasm for contributing to Guardant's mission of improving cancer care through innovative data solutions, particularly in advanced cancer and early detection.
Guardant Health, a precision oncology company, announced the completion of a public offering of 13,225,000 shares of common stock at $84.00 per share, raising approximately $362.3 million in gross proceeds. Of these shares, 4,312,500 were sold by Guardant Health, while 8,912,500 were sold by SoftBank Investment Advisers. The net proceeds will primarily support corporate purposes, including working capital, sales, marketing, and capital expenditures. J.P. Morgan acted as the sole book-running manager for this offering.
Guardant Health has announced a public offering of 11,500,000 shares of its common stock priced at $84.00 per share, raising approximately $315 million before deductions. The offering was increased from an initial size of 10 million shares, with a 30-day option for underwriters to buy an additional 1,725,000 shares. The net proceeds will be used for general corporate purposes, including working capital and sales activities. The offering is expected to close on June 4, 2020, pending customary conditions.
Guardant Health has announced a proposed public offering of 10,000,000 shares of its common stock, with 3,000,000 shares being offered by the company and 7,000,000 shares by SoftBank Investment Advisers. An additional 1,500,000 shares may be available through an underwriter's option. The offering aims to raise funds primarily for general corporate purposes, including working capital and marketing activities. The offering is subject to market conditions and will not yield proceeds to Guardant Health from SoftBank's shares.
Guardant Health will participate in the William Blair Virtual Growth Stock Conference on June 11, 2020. The company's management is set to host a fireside chat at 10:00 a.m. Pacific Time. A live and archived webcast of the presentation will be available in the 'Investors' section of their website. Guardant Health is a leader in precision oncology, focusing on innovative blood tests and analytics to improve cancer care. The firm has introduced liquid biopsy tests such as Guardant360 and GuardantOMNI, which support advanced cancer treatment and early detection efforts.
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