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Natera, Inc. - NTRA STOCK NEWS

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Natera, Inc. (Symbol: NTRA) is a leading diagnostic and research company based in San Carlos, CA, driven by a commitment to advance the science and application of prenatal testing. In the information age, medical diagnostics have lagged behind in adopting new technologies, but Natera is changing that narrative. The company specializes in preconception and prenatal genetic testing services, providing couples with crucial information throughout the pregnancy journey.

Natera offers a comprehensive range of tests, including Preimplantation Genetic Diagnosis (PGD) for IVF and Non-Invasive Prenatal Testing (NIPT). Their Panorama NIPT is particularly notable for its ability to screen for chromosomal abnormalities in a fetus, even in twin pregnancies, typically through a simple blood draw from the mother. Another significant product is the Horizon Carrier Screening (HCS), which determines carrier status for numerous severe genetic diseases that could be passed on to offspring.

The company's innovative approach leverages advances from the Human Genome Project and is powered by proprietary bioinformatics algorithms. This technology enables highly accurate genetic testing results. Natera's portfolio also includes the Signatera Molecular Residual Disease (MRD) Test, designed to detect circulating tumor DNA in cancer patients, helping to assess molecular residual disease and monitor recurrence. Additionally, the Prospera test assesses organ transplant rejection.

Through its pioneering genetic testing services and experienced genetic counseling, Natera provides valuable insights that help in informed decision-making for pregnancies and medical conditions. The company continues to make significant strides in the field of medical diagnostics, driven by a passion for innovation and excellence.

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Natera, Inc. has received confirmation that its Prospera Lung donor-derived cfDNA (dd-cfDNA) transplant assessment test has met coverage requirements from the Centers for Medicare & Medicaid Services’ Molecular Diagnostics Services Program. The test will be covered under Medicare for use in the surveillance setting in lung transplant patients. This is a significant development as lung transplantation has a low survival rate and limited improvement in recipient survival in the past 20 years. Prospera Lung offers a less invasive method of detecting acute rejection and can guide biopsy decision-making and treatment.
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CareDx, Inc. announced that the United States District Court issued an injunction prohibiting Natera from falsely advertising and overstating the scientific performance of its Prospera transplant test. The court upheld the jury's decision that Natera violated the Lanham Act by engaging in false advertising. Natera made nine false advertising claims regarding its Prospera test.
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Natera reports Q2 2023 financial results with total revenues of $261.4 million, a 31.9% increase YoY. Product revenues grew 32.7%. Processed 617,200 tests, a 23.5% increase YoY. Achieved favorable results in lawsuits. Raises annual revenue guidance to $1.015 billion - $1.035 billion.
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Natera, Inc. has filed a lawsuit against NeoGenomics Labs, Inc. for infringement of Natera's U.S. patents related to molecular residual disease assays. This is in addition to Natera's ongoing patent infringement lawsuit against Inivata. Natera recently won a jury verdict in a patent infringement suit against ArcherDX/Invitae Corp.
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Natera, Inc. (NTRA) completes enrollment to the ALTAIR clinical trial, part of the CIRCULATE-Japan adaptive trial platform, to evaluate the clinical utility of the Signatera molecular residual disease (MRD) test in patients with resectable colorectal cancer (CRC). Results are expected in mid-2024.
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Natera, Inc. (NASDAQ: NTRA) to Release Q2 2023 Financial Results on Aug. 3, 2023. Earnings conference call and webcast to follow. Live dial-in and webcast replay available.
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CareDx announces that the United States District Court has upheld the decision that Natera violated the Lanham Act by falsely advertising the scientific performance of its Prospera transplant test.
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FAQ

What is the current stock price of Natera (NTRA)?

The current stock price of Natera (NTRA) is $146.06 as of November 15, 2024.

What is the market cap of Natera (NTRA)?

The market cap of Natera (NTRA) is approximately 18.2B.

What does Natera, Inc. specialize in?

Natera specializes in preconception and prenatal genetic testing services, including Non-Invasive Prenatal Testing (NIPT) and Horizon Carrier Screening (HCS).

Where is Natera, Inc. headquartered?

Natera, Inc. is headquartered in San Carlos, California.

What is the Panorama Non-Invasive Prenatal Test (NIPT)?

The Panorama NIPT screens for chromosomal abnormalities in a fetus, including twin pregnancies, typically through a blood draw from the mother.

What is the Horizon Carrier Screening (HCS)?

Horizon Carrier Screening (HCS) determines if an individual is a carrier for severe genetic diseases that could be passed to their children.

What is the Signatera Molecular Residual Disease (MRD) Test?

The Signatera MRD Test detects circulating tumor DNA in previously diagnosed cancer patients to assess molecular residual disease and monitor recurrence.

What is the purpose of the Prospera test?

The Prospera test is designed to assess organ transplant rejection.

How has Natera advanced genetic testing?

Natera has leveraged advances from the Human Genome Project and sophisticated proprietary bioinformatic algorithms to deliver highly accurate genetic testing results.

Does Natera offer genetic counseling services?

Yes, Natera provides experienced genetic counseling services to help patients understand their test results and make informed decisions.

What industries does Natera serve?

Natera primarily serves the medical diagnostics and research industries, focusing on prenatal, cancer, and transplant testing.

What makes Natera's tests unique?

Natera's tests are unique due to their high accuracy, leveraging proprietary bioinformatics technology and advances from the Human Genome Project.

Natera, Inc.

Nasdaq:NTRA

NTRA Rankings

NTRA Stock Data

18.19B
123.68M
3.68%
98.19%
3.06%
Diagnostics & Research
Services-medical Laboratories
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United States of America
AUSTIN