NeoGenomics Liquid Biopsy Subsidiary Inivata and Collaborators Present New Data Further Validating the Application of its RaDaR(R) MRD and InVisionFirst(R)-Lung Tests at the 2022 ASCO Annual Meeting

Rhea-AI Summary

NeoGenomics (NASDAQ: NEO) announced that its subsidiary Inivata will present new data on its RaDaR assay for minimal residual disease detection at the ASCO Annual Meeting from June 3-7, 2022. The presentations will include three posters and one oral presentation showcasing RaDaR's sensitivity and specificity across tumor types, along with data on the InVisionFirst-Lung test for advanced lung cancer. The advancements highlight the potential of these assays to transform cancer care.

Positive

• RaDaR assay demonstrated high sensitivity and specificity for detecting residual disease.
• InVisionFirst-Lung test presents advanced genomic detection capabilities for lung cancer.

Negative

• None.

FT. MYERS, FL / ACCESSWIRE / May 10, 2022 / NeoGenomics, Inc. (NASDAQ:NEO), a leading provider of cancer-focused genetic testing services and global oncology contract research services, today announced that its liquid biopsy focused subsidiary Inivata Limited ("Inivata") together with collaborators will present new data on its RaDaR® assay for the detection of minimal residual disease (MRD) and recurrence at the American Society of Clinical Oncology (ASCO) Annual Meeting, taking place on 3-7 June 2022. New data on the Company's InVisionFirst®-Lung liquid biopsy test will also be presented.

Inivata and collaborators will present three posters and one oral presentation highlighting data that demonstrates RaDaR as a highly sensitive assay for the detection of residual disease and recurrence with potential applications across tumor types. A fourth poster will also be presented, which will showcase new data on InVisionFirst-Lung, Inivata's highly sensitive liquid biopsy test for the detection of genomic alterations in patients with advanced non-small cell lung cancer.

David Eberhard MD PhD, Chief Medical Officer of Inivata, said: "The data to be presented will highlight how RaDaR can detect residual disease with exceptional sensitivity and specificity across multiple tumor types. We believe that RaDaR has the potential to transform the landscape of cancer care and we look forward to highlighting the growing clinical evidence demonstrating the potential of this assay. Along with this, we will present further data emphasizing the capabilities of InVisionFirst-Lung, our liquid biopsy test for advanced lung cancer patients."

Details of the oral presentation are as follows:

Title: Circulating tumor DNA (ctDNA) and late recurrence in high-risk hormone receptor-positive, HER2-negative breast cancer (CHiRP)
Session: ctDNA: Dawn of a New Era
Date and Time: Saturday June 4, 2022, 8:00 AM - 9:30 AM CDT

Details of the poster presentations are as follows:

Title: Liquid Biopsy for Minimal Residual Disease Detection in Head and Neck Squamous Cell Carcinoma (LIONESS): A personalized cell-free tumor DNA analysis for patients with HNSCC
Abstract No: 6017
Session: Head and Neck Cancer
Date and Time: Monday, June 6, 2022, 1:15 PM-4:15 PM followed by discussion session at 4:30 PM-6:00 PM CDT

Title: Personalized circulating tumor DNA (ctDNA) analysis in patients with recurrent/metastatic head & neck squamous cell cancer (R/M HNSCC)
Abstract No: 6052
Session: Head and Neck Cancer
Date and Time: Monday, June 6, 2022, 1:15 PM-4:15 PM CDT

Title: Leveraging personalized circulating tumor DNA (ctDNA) for detection and monitoring of molecular residual disease in high-risk melanoma
Abstract No: 9579
Session: Melanoma/Skin Cancers
Date and Time: Monday, June 6, 2022, 1:15 PM-4:15 PM CDT

Title: Plasma first: Accelerating lung cancer diagnosis through liquid biopsy
Abstract No: 3039
Session: Developmental Therapeutics-Molecularly Targeted Agents and Tumor Biology
Date and Time: Sunday, June 5, 2022, 8:00 AM-11:00 AM CDT

Abstracts are now available on the ASCO website and accompanying posters will be available to view during the conference.

About NeoGenomics, Inc.

NeoGenomics, Inc. specializes in cancer genetics testing and information services, providing one of the most comprehensive oncology-focused testing menus in the world for physicians to help them diagnose and treat cancer. The Company's Pharma Services Division serves pharmaceutical clients in clinical trials and drug development.

NeoGenomics is committed to connecting patients with life altering therapies and trials. We believe that, together, with our partners, we can help patients with cancer today and the next person diagnosed tomorrow. In carrying out these commitments, NeoGenomics adheres to all relevant data protection laws, provides transparency and choice to patients regarding the handling and use of their data through our Notice of Privacy Practices, and has invested in leading technologies to ensure the data we maintain is secured at all times.

Headquartered in Fort Myers, FL, NeoGenomics operates CAP accredited and CLIA certified laboratories in Fort Myers and Tampa, Florida; Aliso Viejo, Carlsbad and San Diego, California; Research Triangle Park, North Carolina; Houston, Texas; Atlanta, Georgia; Nashville, Tennessee; and CAP accredited laboratories in Cambridge, United Kingdom; Rolle, Switzerland; and Singapore. NeoGenomics serves the needs of pathologists, oncologists, academic centers, hospital systems, pharmaceutical firms, integrated service delivery networks, and managed care organizations throughout the United States, and pharmaceutical firms in Europe and Asia.

About Inivata

Inivata is the liquid biopsy focused subsidiary of the NeoGenomics, Inc. (NASDAQ: NEO) Group. Inivata's InVision® liquid biopsy platform unlocks essential genomic information from a simple blood draw which may be used by clinicians to guide personalized cancer treatment, to monitor response to treatment and to detect relapse. The commercially available InVisionFirst®-Lung test offers highly sensitive testing and provides molecular insights that enable clinicians to make more informed treatment decisions for advanced NSCLC patients. Inivata's personalized RaDaR® assay allows the highly sensitive detection of residual disease and recurrence in certain cancers and has been granted Breakthrough Device Designation by the US FDA. Inivata is partnering with pharmaceutical, biotechnology companies and commercial entities in early through late-stage cancer development programs across a range of cancer types. The InVisionFirst®-Lung test and RaDaR are laboratory developed tests (LDTs) performed by Inivata's CLIA certified, CAP accredited laboratory in Research Triangle Park, North Carolina, USA. Inivata also has R&D laboratories in Cambridge, UK. Inivata's technology is based on pioneering research from the Cancer Research UK Cambridge Institute, University of Cambridge.

About RaDaR®

RaDaR is Inivata's assay for the detection of minimal residual disease (MRD) and recurrence. Built on Inivata's proven InVision® liquid biopsy platform technology, RaDaR is a highly sensitive personalized assay that tracks a set of up to 48 tumor-specific variants in a cancer patient's blood plasma. It is intended to detect residual disease following curative intent or definitive treatment, and to allow timely detection of relapse. RaDaR, a laboratory developed test (LDT), has been granted Breakthrough Device Designation by the US FDA.

Forward Looking Statements

Certain information contained in this press release constitutes forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by the use of words such as "anticipate," "expect," "plan," "could," "would," "may," "will," "believe," "estimate," "forecast," "goal," "project," "plan," "potential" and other words of similar meaning. These forward looking statements involve a number of risks and uncertainties that could cause actual future results to differ materially from those anticipated in the forward-looking statements as the result of the Company's ability to commercialize RaDaR successfully and obtain appropriate reimbursement thereof, continue gaining new customers, respond to the effects of the COVID-19 outbreak, offer new types of tests, integrate its acquisitions and otherwise implement its business plan, as well as additional factors discussed under the heading "Risk Factors" and elsewhere in the Company's Annual Report on Form 10-K filed with the SEC on February 25, 2021, as such information has been updated in subsequent SEC filings. As a result, this press release should be read in conjunction with the Company's periodic filings with the SEC. NeoGenomics routinely posts information that may be important to investors in the "Investor Relations" section of its website at www.neogenomics.com. The Company encourages investors and potential investors to consult the NeoGenomics website regularly for important information about NeoGenomics.

Forward-looking statements speak only as of the date such statements are made (unless another date is indicated) and should not be relied upon as of any subsequent date. While the Company may elect to update forward-looking statements at some point in the future, it specifically disclaims any obligation to do so.

For further information, please contact:

NeoGenomics, Inc.
Doug Brown
Chief Strategy and Corporate Development Officer
T: 239.768.0600 x2539
M: 704.236.2064
doug.brown@neogenomics.com

Charlie Eidson
Director, Investor Relations and Corporate Development
T: 239.768.0600 x2726
M: 952.221.8816
charlie.eidson@neogenomics.com

Karen Chandler-Smith
SVP Marketing and Communications
Inivata
+44 (0)7900 430235
karen.chandler-smith@inivata.com

Inivata Media Contacts:
Consilium Strategic Communications
Chris Gardner/Angela Gray/Genevieve Wilson
Alix Floyd (US)
inivata@consilium-comms.com +44 (0)20 3709 5700

SOURCE: NeoGenomics, Inc.

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FAQ

What are the new data presentations by NeoGenomics at ASCO 2022?

NeoGenomics will present data on the RaDaR assay for minimal residual disease and the InVisionFirst-Lung test during the ASCO Annual Meeting.

When is the ASCO Annual Meeting where NeoGenomics will present new data?

The ASCO Annual Meeting takes place from June 3-7, 2022.

What is the RaDaR assay related to NeoGenomics?

RaDaR is an assay developed by Inivata for the detection of minimal residual disease and recurrence in cancer patients.

What is the significance of the InVisionFirst-Lung test?

The InVisionFirst-Lung test offers highly sensitive detection of genomic alterations in patients with advanced non-small cell lung cancer.

Who is presenting the data for NeoGenomics at ASCO?

Data will be presented by Inivata and its collaborators at the ASCO Annual Meeting.