IDEXX Announces Groundbreaking Cancer Dx Panel with Affordable Early Detection Test for Canine Lymphoma
Rhea-AI Summary
IDEXX Laboratories (NASDAQ: IDXX) has announced the launch of IDEXX Cancer Dx™, a groundbreaking diagnostic panel for early detection of lymphoma in dogs. The affordable blood test, priced as low as $15, can be integrated into annual wellness screenings and provides results within 2-3 days.
The test targets the significant market of 20 million dogs at higher risk for cancer in North America, addressing a critical need as 1 in 4 dogs in the U.S. are expected to receive a cancer diagnosis in their lifetime. Lymphoma specifically accounts for nearly 25% of new canine cancer diagnoses.
The panel features high accuracy, simple workflow integration, and includes access to IDEXX Medical Consultants. The test can detect lymphoma before clinical signs appear and will provide B-cell and T-cell phenotype classification for positive results at no additional cost. The service will be available in the U.S. and Canada in late March 2025, with plans to expand the panel over the next three years to cover the majority of canine cancer cases.
Positive
- Introduction of innovative early cancer detection test with affordable pricing ($15)
- Large addressable market of 20 million at-risk dogs in North America
- Planned expansion to cover majority of canine cancer types over next 3 years
- High market demand indicated by 73% of pet owners interested in cancer screening
- Additional revenue stream through integration with existing diagnostic wellness panels
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, IDXX gained 0.41%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Panel expansion planned over the next three years to cover the majority of canine cancer cases, transforming cancer detection and supporting earlier intervention
Cancer remains a leading cause of death in canines, with 1 in 4 dogs in the
"Building on over 40 years of IDEXX's leadership in veterinary research and technology development, IDEXX Cancer Dx is our latest groundbreaking solution to deliver unmatched diagnostic insights," said Jay Mazelsky, President and Chief Executive Officer of IDEXX. "As leaders in key cancer diagnostic categories, like pathology and imaging, we continue to innovate technologies that can redefine how veterinarians approach cancer detection and monitoring in pets. We're proud to be at the forefront of early cancer detection in dogs and look forward to expanding IDEXX Cancer Dx to cover other cancer types."
The IDEXX Cancer Dx panel features:
- Accuracy: High sensitivity and specificity yield results that can be used with confidence for both sick dogs and in routine preventive care for at-risk dogs.
- Simplicity: Designed to fit existing veterinary workflows, clinicians can add IDEXX Cancer Dx to existing diagnostic wellness panels, using a single blood sample.
- Personalized guidance and comprehensive support: Every IDEXX Cancer Dx result comes with access to IDEXX Medical Consultants, including board-certified oncologists and internists. Pet-owner education materials and resources to support client communications are also provided.
- Actionable next steps: IDEXX Cancer Dx with lymphoma delivers qualitative results for lymphoma, and B-cell and T-cell phenotype classification will be provided with positive results as available at no additional cost.
- Deeper insights: IDEXX Preventive Care, the most comprehensive portfolio of products and services supporting veterinarians with preventive care, will now include IDEXX Cancer Dx testing, unlocking additional insights for at-risk dogs.
"IDEXX Cancer Dx is a powerful innovation in oncology diagnostics," said Timothy Fan, DVM, PhD, DACVIM (Oncology, Small Animal Internal Medicine). "At an affordable price point, this test increases access to cancer diagnoses and care, and it enables veterinarians the opportunity to intervene sooner and improve the quality of life for canine cancer patients."
With IDEXX Cancer Dx testing, general practitioners can now provide a clinical diagnosis of lymphoma earlier than traditional diagnostics.5 Its affordability and ease of integration make it an essential tool for practices committed to proactive cancer management.
IDEXX Cancer Dx with canine lymphoma will be available at the IDEXX Reference Laboratories in the
About IDEXX
IDEXX is a global leader in pet healthcare innovation. Our diagnostic and software products and services create clarity in the complex, constantly evolving world of veterinary medicine. We support longer, fuller lives for pets by delivering insights and solutions that help the veterinary community around the world make confident decisions—to advance medical care, improve efficiency, and build thriving practices. Our innovations also help ensure the safety of milk and water across the world and maintain the health and well-being of people and livestock. IDEXX Laboratories, Inc. is a member of the S&P 500® Index. Headquartered in
Note Regarding Forward-Looking Statements
This news release contains or may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as "expects," "may," "anticipates," "intends," "would," "will," "plans," "believes," "estimates," "should," "project," and similar words and expressions. These forward-looking statements are intended to provide our current expectations or forecasts of future events; are based on current estimates, projections, beliefs, and assumptions; and are not guarantees of future performance. Actual events or results may differ materially from those described in the forward-looking statements. These statements are subject to risks, uncertainties, assumptions, and other important factors. Readers are cautioned not to put undue reliance on such forward-looking statements because actual results may vary materially from those expressed or implied. The reports filed by IDEXX pursuant to
*At-risk dogs include all dogs ≥ 7 years old and high-risk breeds ≥ 4 years old.
†Veterinarians in
References
- Data on file at IDEXX Laboratories, Inc.
Westbrook, Maine USA: Number of 2023 medicalized dogs who are at-risk breeds ≥ 4 years or senior dogs (≥ 7 years) based on IDEXX Practice Intelligence Data. - What are the most common types of cancers in dogs? How many dogs typically get cancer? Veterinary Cancer Society; 2021. Accessed January 16, 2024. www.vetcancersociety.org/pet-owners/faqs
- Vail DM, Pinkerton M, Young KM. Hematopoietic tumors. In: Vail DM, Thamm DH, Liptak JM, eds. Withrow and MacEwen's Small Animal Clinical Oncology. 6th ed. Saunders; 2020:688–772. doi:10.1016/B978-0-323-59496-7.00033-5
- Data on file at IDEXX Laboratories, Inc.
Westbrook, Maine USA: IDEXX quantitative research with dog owners, May 2024 (n = 480). - Data on file at IDEXX Laboratories, Inc.
Westbrook, Maine USA: Data based on testing performed at IDEXX Reference Laboratories inNorth America between November 1, 2024, and December 6, 2024. Analysis Report: IDEXX Cancer Dx Validation, 100282 [008_CancerDx-Validation-Report-2.Rmd].
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SOURCE IDEXX Laboratories, Inc.