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Cue Health Inc. - HLTH STOCK NEWS

Welcome to our dedicated page for Cue Health news (Ticker: HLTH), a resource for investors and traders seeking the latest updates and insights on Cue Health stock.

Cue Health Inc. (HLTH) is a pioneering healthcare technology company that empowers individuals to manage their health with precision and convenience. Cue Health offers a revolutionary device that tracks key health and lifestyle indicators at the molecular level, including inflammation, vitamin D, fertility, influenza, and testosterone. This compact, user-friendly device enables consumers to perform these tests at home in just minutes.

The data collected by Cue is sent via Bluetooth 4.0 to the user’s smartphone, where the free Cue app provides an in-depth analysis of how activity, food, and sleep impact their health. By using noninvasive samples such as saliva, blood, or nasal swabs, users can access lab-quality information about their bodies on demand.

Recent Achievements:

  • The company has gained recognition for its innovative approach to personal health monitoring, making previously lab-exclusive data accessible to the general public.
  • Partnerships with leading healthcare providers have expanded the usability and integration of Cue devices.

Current Projects:

  • Continued development of advanced features within the Cue app, including interactive charts that help users visualize their health trends.
  • Research-based recommendations for foods proven to support optimal health tailored to the user's specific molecular data.

By offering a comprehensive tool for health management, Cue Health Inc. continues to play a significant role in transforming how individuals monitor and improve their well-being. The company’s dedication to providing accessible and real-time health data is a testament to its commitment to innovation and public health.

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Cue Health Inc. (Nasdaq: HLTH) has partnered with Cardinal Health (NYSE: CAH) to expand distribution of its COVID-19 tests across traditional and non-traditional healthcare settings. This collaboration aims to enhance the availability of Cue's nucleic acid amplification tests, which have shown 97.8% concordance with PCR tests, and the innovative at-home test, the first of its kind to gain Emergency Use Authorization from the FDA. Both professional and OTC/home test kits will be available, supporting healthcare providers’ evolving diagnostic needs.

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Cue Health (Nasdaq: HLTH) announced a collaboration with actress Gal Gadot to feature its new health smart device in a Super Bowl® commercial airing on February 13, 2022. The ad aims to position Cue as an essential tool for managing health at home. Cue offers the most accurate at-home COVID-19 test, providing results in 20 minutes via the Cue Health App. To enhance accessibility, the company has reduced prices for Cue+ memberships and COVID-19 tests. Cue Health is expanding its diagnostic offerings, focusing on personalized healthcare solutions.

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On February 7, 2022, Cue Health (Nasdaq: HLTH) announced its partnership with Johns Hopkins Medicine (JHM) to provide Cue Health Monitoring Systems and Cue COVID-19 tests. The portable systems will be utilized by JHM's healthcare professionals to enhance employee health management. The Cue COVID-19 test, utilizing molecular nucleic acid amplification technology, delivers lab-quality results to mobile devices within 20 minutes and detects all known COVID-19 variants. Cue also supplies tests to various organizations, including Google and the NBA.

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Cue Health (Nasdaq: HLTH) will present at the BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference on February 15, 2022 at 12:30 p.m. ET. The webcast is exclusive for conference attendees. Founded in 2010 and based in San Diego, Cue Health focuses on accessible health information, enabling real-time diagnostics for individuals and healthcare providers. They gained recognition for their pioneering COVID-19 test, the first FDA-authorized at-home molecular diagnostic test. Cue Health holds multiple international regulatory approvals.

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Cue Health Inc. (NASDAQ: HLTH) announced preliminary unaudited revenue for Q4 and full year 2021. Q4 revenue was between $188 million and $193 million, up from $13 million in Q4 2020. Full year revenue reached $613 million to $618 million, compared to $23 million in 2020. The company reported cash equivalents of $412 million as of December 31, 2021. Significant partnerships were established, including collaborations with Cardinal Health and McKesson, and Cue expanded diagnostics offerings.

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Cue Health (Nasdaq: HLTH) announced it will develop an Omicron-Genotyping COVID-19 test, partnering with the U.S. Department of Health and Human Services' BARDA. This test will enhance existing COVID-19 detection capabilities and is aimed at professional point-of-care settings. The funding from BARDA will expedite development and regulatory approval for a single-plex assay specifically targeting the Omicron variant. Cue's technology ensures accurate results in 20 minutes and has been recognized for its lab-quality diagnostics, benefitting patients and public health.

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Cue Health (NASDAQ: HLTH), a healthcare technology firm, announced its participation in the 40th Annual J.P. Morgan Healthcare Conference scheduled for January 11, 2022, at 5:15 p.m. Eastern Time. This presentation will be accessible via a live audio webcast on their website for 30 days post-event. Cue Health focuses on providing lab-quality diagnostics and real-time health information, revolutionizing home health management.

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Cue Health (Nasdaq: HLTH) announces its first partnership with Air Canada to provide U.S. passengers access to its accurate molecular COVID-19 self-test. The test meets Canada’s entry requirements and can be purchased along with a portable Cue Cartridge Reader, delivering results in about 20 minutes. This partnership aims to enhance travel convenience and safety for Air Canada's U.S. customers, who can enjoy bilingual services expected in early 2022. Cue’s tests are already widely used in various critical settings and detect COVID-19 variants, including Omicron.

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Cue Health Inc. (Nasdaq: HLTH) has appointed Nitin Duggal as its first Chief Marketing Officer, effective immediately. With over 15 years in technology organizations, Duggal will lead Cue's marketing strategies aimed at enhancing brand and product visibility. He previously held senior roles at Abbott Diabetes Care, promoting innovative health solutions. Co-founder and CEO Ayub Khattak praised Duggal's expertise in product marketing and expected contributions toward Cue's growth in the healthcare sector.

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On December 1, 2021, Cue Health (Nasdaq: HLTH) announced it received Pandemic Special Access Route authorization from Singapore's Health Sciences Authority for its Cue COVID-19 Test, the first digital molecular diagnostic product authorized for home use in the country. This allows Cue to support public sector testing in Singapore through its partnership with Omnicell Pte Ltd. Cue plans to explore public and private partnerships to maximize the use of its diagnostic solutions. Additionally, Cue recently launched a direct-to-consumer health platform in the United States, offering a comprehensive health management solution.

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FAQ

What is the current stock price of Cue Health (HLTH)?

The current stock price of Cue Health (HLTH) is $0.0434 as of June 5, 2024.

What is the market cap of Cue Health (HLTH)?

The market cap of Cue Health (HLTH) is approximately 6.9M.

What does Cue Health Inc. specialize in?

Cue Health Inc. specializes in providing a device that tracks key health and lifestyle indicators at the molecular level, enabling at-home testing and real-time health data analysis.

How does Cue's device work?

The device uses noninvasive samples such as saliva, blood, or nasal swabs to measure health indicators and sends the data via Bluetooth to the user’s smartphone for analysis.

What health indicators can Cue track?

Cue can track inflammation, vitamin D, fertility, influenza, and testosterone levels in just minutes at home.

What is the Cue app?

The Cue app is a free application that receives data from the Cue device and provides detailed insights into how activity, food, and sleep affect your health.

What recent achievements has Cue Health made?

Cue Health has been recognized for making lab-quality health data accessible at home and has formed partnerships with leading healthcare providers to enhance device usability.

What are some current projects at Cue Health?

Current projects include developing advanced app features like interactive health charts and offering personalized, research-based health recommendations.

How does Cue Health send data to a user's smartphone?

Cue Health uses Bluetooth 4.0 technology to send health data from the device to the user's smartphone.

Can the Cue device track trends in personal health?

Yes, the Cue app provides interactive charts that allow users to monitor their health trends over time and discover new patterns.

Is Cue Health's testing method invasive?

No, Cue Health uses noninvasive methods such as saliva, blood, or nasal swabs to collect health data.

What makes Cue Health unique?

Cue Health is unique in its ability to provide immediate, lab-quality health data at home, enabling users to make informed health decisions in real-time.

Cue Health Inc.

Nasdaq:HLTH

HLTH Rankings

HLTH Stock Data

6.90M
159.09M
11.57%
52.81%
0.49%
Health Information Services
Laboratory Analytical Instruments
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United States of America
SAN DIEGO