Welcome to our dedicated page for Personalis news (Ticker: PSNL), a resource for investors and traders seeking the latest updates and insights on Personalis stock.
Personalis, Inc. (symbol: PSNL) is a leading genome-scale diagnostics company dedicated to advancing the field of genome-guided medicine. The company's mission is to extract the most accurate genetic data from each sample and draw reliable, medically-focused conclusions. Personalis leverages cutting-edge whole genome and exome sequencing techniques, conducted in their state-of-the-art laboratory, to provide comprehensive insights.
Personalis offers a range of products and services designed to support academic, pharmaceutical, and biotech researchers. Their flagship products include ImmunoID NeXT, NeXT Personal, and NeXT Dx Test, which cater to diverse needs including personalized cancer vaccines and next-generation cancer immunotherapies. Additionally, their solutions serve those engaged in large case-control and family-based genome studies of complex or Mendelian diseases, pharmacogenomics, and cancer research.
Their proprietary databases, advanced human reference sequences, and sophisticated algorithms ensure accurate and comprehensive end-to-end human genome sequencing and analysis. Personalis' commitment to quality and innovation positions them as a critical player in the evolving landscape of genomic medicine.
Recent achievements include partnerships with key pharmaceutical companies to enhance the development of personalized cancer treatments. The company continues to innovate and expand its service offerings, ensuring researchers and clinicians have access to the most advanced tools for genomic analysis.
For those seeking the latest updates and relevant information on Personalis, Inc., StockTitan provides a comprehensive list of news and developments, ensuring investors and stakeholders stay informed on this pioneering company's performance and advancements.
Personalis, Inc. (Nasdaq: PSNL) reported strong financial results for Q2 2024, with total revenue increasing 35% year-over-year to $22.6 million. The growth was primarily driven by a 117% increase in revenue from pharma testing and services, reaching $13.2 million. Enterprise customer revenue grew 8% to $8.0 million. The company highlighted clinical performance of NeXT Personal® at ASCO, demonstrating early cancer recurrence detection and therapy response prediction.
Personalis delivered 561 molecular tests in Q2, a 66% increase from the previous quarter. The company also announced cross-license agreements and settled an IP lawsuit. Despite revenue growth, Personalis reported a net loss of $12.8 million, a 47% improvement year-over-year. The company raised its full-year 2024 revenue guidance to $79.0-$81.0 million and expects Q3 2024 revenue between $21.0-$22.0 million.
Personalis, a leader in advanced genomics for cancer, has announced its participation in the 9th Annual Needham Virtual MedTech & Diagnostics 1x1 Conference. The event is scheduled for Tuesday, August 13, 2024, and Personalis' management team will be attending virtually. This conference provides an opportunity for Personalis (Nasdaq: PSNL) to showcase its expertise in cancer genomics and engage with industry professionals.
The Needham conference is a significant platform for companies in the medical technology and diagnostics sectors to present their innovations and connect with potential investors and partners. Personalis' participation underscores its commitment to advancing cancer genomics and maintaining its position as a key player in the field.
Personalis (Nasdaq: PSNL), a leader in advanced genomics for cancer, has announced it will release its second quarter 2024 financial results on Wednesday, August 7, 2024. The company will host a conference call and webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day to discuss the results and recent highlights. Interested parties can access the call by dialing 800-717-1738 (domestic) or 646-307-1865 (international). The webinar can be accessed through the Events section of the company's website at investors.personalis.com. A replay of the webinar will be available shortly after the call and archived on the company's website.
Personalis (Nasdaq: PSNL), a leader in advanced genomics for cancer, announced that its CEO and President, Chris Hall, will participate in the TD Cowen 3rd Annual Tools / Dx Revolution Conference.
Scheduled for June 25, 2024, at 5:30 p.m. Eastern Time, Hall will join a panel discussion, highlighting Personalis' innovative contributions to the genomics and diagnostics sectors.
Personalis has rescheduled its ASCO data highlights conference call to Friday, June 21, 2024, at 8:00 a.m. Pacific Time / 11:00 a.m. Eastern Time. The call was initially set for Wednesday, June 19, 2024. Participants can join the call by dialing specific numbers for domestic or international access. Additionally, the call will be webcast online through the company's investor relations website, with a replay available after the event.
Personalis announced at ASCO that their NeXT Personal test showed exceptional performance in early-stage breast cancer recurrence detection and immunotherapy monitoring. The test, an ultra-sensitive liquid biopsy, can detect circulating tumor DNA (ctDNA) down to less than 100 parts per million. Results indicated a ~15-month lead time over traditional imaging methods in detecting recurrence, with 100% accuracy in identifying recurrence and cancer-free states. Additionally, for HER2+ breast cancer, NeXT Personal demonstrated a 92% baseline sensitivity for ctDNA. For immunotherapy monitoring, significant decreases in ctDNA levels corresponded to more than double the overall survival rates. These findings suggest strong potential for NeXT Personal in clinical adoption and reimbursement.
Personalis announced a new partnership with Tempus to commercialize NeXT Personal®, their advanced liquid biopsy test used for detecting minimal residual disease (MRD) and cancer recurrence. Tempus' commercial team will start discussions with doctors regarding the test's application in breast and lung cancers, as well as immunotherapy monitoring across all solid tumors. This collaboration aims to enhance cancer patient care by enabling earlier detection and informed treatment decisions. NeXT Personal Dx, launched last October, boasts ultra-sensitive detection capabilities, identifying up to 1,800 unique somatic variants. The test's new data will be presented at the 2024 ASCO Annual Meeting in breast cancer and immunotherapy monitoring.
Personalis announced that two podium presentations and multiple posters featuring its NeXT Personal® ctDNA assay will be showcased at the 2024 ASCO Annual Meeting, set for May 31-June 4 in Chicago. The presentations include studies on ctDNA's role in breast cancer and immunotherapy biomarkers. Dr. Richard Chen highlighted the importance of their ultra-sensitive MRD test in early cancer detection. Key presentations will focus on ctDNA mutation tracking in early breast cancer (Abstract 1010) and ctDNA monitoring in metastatic pan-cancer with immune checkpoint inhibitors (Abstract 2510). Additional abstracts discuss ctDNA dynamics in gastroesophageal and colorectal cancers, as well as HER2+ breast cancer.
Personalis, a leader in advanced genomics for precision oncology, announced that its Compensation Committee has granted a non-qualified stock option to purchase 85,000 shares to its new Vice President, Customer Experience.
The grant, made on May 15, 2024, under the 2020 Inducement Plan, is in accordance with Nasdaq Listing Rule 5635(c)(4).
The stock option has an exercise price of $1.43 per share, matching the closing price on the grant date, and vests over four years.
Personalis, Inc. (Nasdaq: PSNL) reported financial results for Q1 2024, with revenue of $19.5 million, raising full-year revenue guidance due to increased pharma testing demand. They published validation for NeXT Personal MRD test, and launched NeXT Personal Dx clinical testing. The CEO highlighted a focus on the Win-in-MRD strategy and strong execution in Q1.
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