Hologic Rings Nasdaq Opening Bell for 15th Time to Kick Off Breast Cancer Awareness Month

Rhea-AI Summary

Hologic, Inc. (NASDAQ: HOLX) has initiated a series of educational initiatives aimed at reducing racial disparities in breast cancer screening. To kick off Breast Cancer Awareness Month, CEO Steve MacMillan will ring the Nasdaq opening bell on October 4. The company is focusing on raising awareness of annual mammograms and addressing inequalities in care, particularly for Black women, who are less likely to receive necessary screenings. Hologic is also collaborating with RAD-AID to improve access to screening services in underserved areas.

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• Launch of educational initiatives targeting racial disparities in breast cancer care.
• Partnership with RAD-AID to enhance access to screening services in underserved communities.

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• None.

Leader in women’s health launches series of educational and awareness initiatives focused on eliminating racial disparities in breast cancer screening and care

MARLBOROUGH, Mass.--(BUSINESS WIRE)-- Hologic, Inc. (Nasdaq: HOLX), an innovative medical technology company primarily focused on improving women’s health, announced today that CEO Steve MacMillan will ring the Nasdaq opening bell on October 4 to mark the beginning of Breast Cancer Awareness Month.

The ceremony will kick off a series of efforts by Hologic, the company behind the Genius® 3D Mammography™ exam and the inaugural Global Women’s Health Index, to increase awareness of the importance of annual mammograms and continue to shed light on the inequities in care, including racial disparities in breast cancer screening.

This initiative comes at a pivotal moment, as recent research has shown that, worldwide, just 12% of women said in 2020 that they had been tested for any type of cancer in the past 12 months.¹ Additionally, earlier this year a comprehensive study published in the Journal of the American College of Radiology (JACR) found that Black women were less likely to receive a digital breast tomosynthesis (DBT) exam and less likely to be screened multiple times during a five-year period than Caucasian women.²

“Breast Cancer Awareness Month is a time to reflect on the work we've done with our partners to eliminate breast cancer screening disparities for Black women. While we’re proud of the progress we've made, there is still significant work ahead of us," said MacMillan. “Our commitment to advancing change through education, research and the delivery of care is steadfast, because we believe that all women should be afforded the dignity and benefits of early breast cancer detection."

Following the bell ringing, Hologic will host Screening the System: A Dialogue on Bias and Breast Health, a panel discussion featuring Linda Goler Blount, President & CEO of the Black Women's Health Imperative (BWHI); Mary J. Blige, Grammy award-winning artist and P.O.W.E.R. of Sure spokeswoman; and Dr. Arlene Richardson, Chair of the Department of Radiology, Jackson Park Hospital, Chicago, a recipient of funding from Hologic's Project Health Equality. The event will be available via livestream on Hologic's YouTube channel beginning at 11:00 a.m. EDT.

Complementing this essential conversation is the launch of new educational resources for patients through the P.O.W.E.R. of Sure campaign – a joint effort between BWHI and Hologic that examines common barriers to early screening and generates awareness of the importance of annual mammograms among Black women. Campaign spokeswoman Mary J. Blige and several prominent Black women lend their voices to the campaign, which features a multimedia digital hub with resources including common facts and myths about mammography, frequently asked questions regarding breast cancer and screening guidelines, and a list of locations offering breast cancer screening.

Additionally, to reach as many women as possible in October, Hologic has partnered with The Ellen DeGeneres Show and The Real to disseminate educational broadcast and digital content about breast health. The partnership will also feature a broadcast fundraising drive supporting RAD-AID, a nonprofit dedicated to ensuring equal access to radiology health services for medically underserved communities.

Hologic's partnership with RAD-AID supports innovative care, radiology, public education, and nurse navigation at multiregional sites selected by RAD-AID as clinical partners to provide critical screening, diagnostic breast imaging, and treatment for women who may otherwise go without. Sites and facilities under development for this program are located in regions including the South Side of Chicago, Washington D.C., and Seattle/the Pacific Northwest, among others.

About Hologic, Inc.

Hologic, Inc. is an innovative medical technology company primarily focused on improving women’s health and well-being through early detection and treatment. For more information on Hologic, visit www.hologic.com.

Hologic, Genius, 3D Mammography, and The Science of Sure are trademarks and/or registered trademarks of Hologic, Inc., and/or its subsidiaries in the United States and/or other countries.

Forward-Looking Statements

This news release may contain forward-looking information that involves risks and uncertainties, including statements about the use of Hologic products. There can be no assurance these products will achieve the benefits described herein or that such benefits will be replicated in any particular manner with respect to an individual patient, as the actual effect of the use of the products can only be determined on a case-by-case basis. In addition, there can be no assurance that these products will be commercially successful or achieve any expected level of sales. Hologic expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any such statements presented herein to reflect any change in expectations or any change in events, conditions or circumstances on which any such data or statements are based.

This information is not intended as a product solicitation or promotion where such activities are prohibited. For specific information on what products are available for sale in a particular country, please contact a local Hologic sales representative or write to womenshealth@hologic.com.

SOURCE: Hologic, Inc.

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¹ hologic.womenshealthindex.com.

² Alsheik, N., Blount, L., Qiong, Q., Talley, M., Pohlman, S., Troeger, K., Abbey, G., Mango, V. L., Pollack, E., Chong, A., Donadio, G., Behling, M., Mortimer, K., & Conant, E. (2021). Outcomes by Race in Breast Cancer Screening With Digital Breast Tomosynthesis Versus Digital Mammography. Journal of the American College of Radiology, 18(7), 906–918. https://doi.org/10.1016/j.jacr.2020.12.033

View source version on businesswire.com: https://www.businesswire.com/news/home/20211004005185/en/

Media Contact:

Jane Mazur

508.263.8764 (direct)

585.355.5978 (mobile)

jane.mazur@hologic.com

Investor Contact:

Michael Watts

858.410.8588 (direct)

michael.watts@hologic.com

Source: Hologic, Inc.

FAQ

What initiatives is Hologic launching for Breast Cancer Awareness Month?

Hologic is initiating educational efforts focused on eliminating racial disparities in breast cancer screening.

When will Hologic's CEO ring the Nasdaq opening bell?

CEO Steve MacMillan will ring the Nasdaq opening bell on October 4.

What disparities are being addressed by Hologic's campaign?

The campaign focuses on addressing racial disparities, particularly for Black women in breast cancer screening.

What is Hologic's partnership with RAD-AID about?

The partnership aims to improve access to breast cancer screening services in underserved communities.