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Guardant Health, Inc. - GH STOCK NEWS

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.

Rhea-AI Summary
Guardant Health will present data from 17 studies at the 2023 ASCO Annual Meeting, showcasing the value of their Guardant blood tests and real-world data in precision oncology and cancer screening. The research highlights the potential of epigenomic analysis through the Guardant Infinity platform to identify new biomarker targets and predict treatment resistance.
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Singapore's Health Sciences Authority approves Guardant360 CDx, a comprehensive genomic profiling blood test for advanced solid cancers. The test is also approved as a companion diagnostic for TAGRISSO in non-small cell lung cancer. This is the first blood test approved for comprehensive genomic profiling for all solid tumors.
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Guardant Health announces pricing of upsized underwritten public offering of common stock
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Guardant Health, Inc. has announced an underwritten public offering of $250.0 million of its common stock, with an option for underwriters to purchase up to $37.5 million more. The offering is subject to market conditions and there is no assurance of completion or final terms.
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Guardant Health reports Q1 2023 revenue of $128.7 million, a 34% increase YoY. Raises 2023 revenue guidance to $535-$545 million.
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Guardant Health, Inc. has announced the appointment of Ines Dahne-Steuber as chief operating officer and the promotion of Darya Chudova to chief technology officer. Dahne-Steuber brings over 20 years of leadership and strategic expertise in healthcare operations, while Chudova has been with Guardant Health for eight years and has played a key role in the development of the company's technology. The addition of Dahne-Steuber and the promotion of Chudova are expected to help the company succeed in scaling its global operations and future product launches.
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FAQ

What is the current stock price of Guardant Health (GH)?

The current stock price of Guardant Health (GH) is $32.65 as of November 22, 2024.

What is the market cap of Guardant Health (GH)?

The market cap of Guardant Health (GH) is approximately 4.0B.

What does Guardant Health, Inc. specialize in?

Guardant Health specializes in liquid-based cancer tests, providing non-invasive diagnostic tools for clinical and research use.

What are the main products offered by Guardant Health?

Guardant Health offers Guardant360 LDT, Guardant360 CDx, Guardant OMNI, Reveal, and Shield, which are various liquid biopsy tests for cancer detection and treatment selection.

What is Guardant360 CDx?

Guardant360 CDx is an FDA-approved companion diagnostic test used to guide targeted cancer therapies.

How does Guardant Health support cancer research?

Guardant Health aids cancer research through products like Guardant OMNI and services such as regulatory approval consultancy and clinical trial referrals.

What is the significance of the Reveal test?

Reveal is a tumor-agnostic molecular residual disease (MRD) test that helps monitor cancer recurrence or residual disease at the molecular level.

What is the purpose of the Shield test?

The Shield test is a non-invasive liquid biopsy for colorectal cancer (CRC) screening.

Who are some of the major investors in Guardant Health?

Guardant Health has received investments from Sequoia Capital, Khosla Ventures, Orbimed, and SoftBank.

Where is Guardant Health, Inc. headquartered?

Guardant Health, Inc. is headquartered in Redwood City, California.

What is the Guardant360 LDT test used for?

Guardant360 LDT is used for treatment selection in patients with advanced-stage cancer.

How does Guardant Health contribute to early cancer detection?

Guardant Health contributes to early cancer detection through its pioneering products and ongoing research in liquid biopsy technologies.

Guardant Health, Inc.

Nasdaq:GH

GH Rankings

GH Stock Data

4.02B
117.89M
4.56%
104.62%
8.33%
Diagnostics & Research
Services-medical Laboratories
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United States of America
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