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Sera Prognostics, Inc. - SERA STOCK NEWS

Welcome to our dedicated page for Sera Prognostics news (Ticker: SERA), a resource for investors and traders seeking the latest updates and insights on Sera Prognostics stock.

Sera Prognostics, Inc. (NASDAQ: SERA) is a biotechnology company based in Salt Lake City, Utah, specializing in the development of innovative diagnostic tests for early prediction of preterm birth risk and other pregnancy complications. Sera's mission is to provide pivotal pregnancy information to improve maternal and neonatal health. The company's flagship product, the PreTRM® Test, offers a unique blood-based biomarker test that predicts the individualized risk of spontaneous premature delivery in asymptomatic singleton pregnancies, allowing for proactive clinical interventions.

Sera Prognostics leverages a proprietary platform integrating proteomics and bioinformatics to discover, develop, and commercialize predictive analytic products that address the unmet needs in women's health. The company is committed to enhancing prenatal care and has formed strategic partnerships, including collaboration with the Bill & Melinda Gates Foundation to make its technologies accessible in underserved regions worldwide.

As a private entity supported by a robust investor base, including renowned names like Domain Associates and InterWest Partners, Sera Prognostics has assembled an expert management team and board of directors with substantial experience in clinical development and women's healthcare diagnostics. Recent achievements include the company's addition to the preliminary list of the Russell 3000 and Russell Small-Cap 2000 indexes, reflecting its growing market presence.

Financially, Sera Prognostics reported a significant reduction in operating expenses in recent quarters, aligning its commercial strategy with current market dynamics. The company continues to focus on advancing its product pipeline, including the development of ambient whole blood collection methods to enhance lab efficiency and reduce costs. The overall strategic directives aim at broadening test adoption and improving health outcomes, ultimately reducing the healthcare costs associated with maternal and neonatal complications.

For the latest updates, financial results, and operational highlights, interested parties can access the company's investor relations page and register for upcoming conference calls.

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Sera Prognostics, Inc. (NASDAQ: SERA) announced the appointment of Zhenya Lindgardt to its Board of Directors, effective immediately. Lindgardt, with extensive experience in healthcare and technology, aims to enhance the company's mission to improve maternal and neonatal health. Currently the CEO of The Commons Project Foundation, she has also held significant positions at Uber Technologies and The Boston Consulting Group. CEO Gregory C. Critchfield expressed enthusiasm about Lindgardt’s contributions towards innovative solutions for pregnancy-related challenges.

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Sera Prognostics (NASDAQ: SERA) has appointed Woodrow Myers, M.D., M.B.A., as an advisor for public and political affairs. Dr. Myers will spearhead initiatives addressing health equity and disparities during pregnancy, a significant focus for the company. Gregory C. Critchfield, CEO, emphasized Dr. Myers' leadership experience in healthcare management and quality initiatives. Sera Prognostics aims to enhance maternal and neonatal health through innovative diagnostic tests like the PreTRM®, which predicts preterm birth risk, thereby enabling timely interventions.

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Sera Prognostics (NASDAQ: SERA) announced the publication of a rigorous validation for its PreTRM® test, identifying a clinical decision point at a 15% risk for spontaneous preterm birth (sPTB). The findings, from the PAPR and TREETOP studies involving over 10,000 subjects, indicate that patients at or above this threshold face significantly higher risks, including severe neonatal morbidity. This validation supports the clinical utility of the PreTRM® test in proactive maternal care, potentially improving pregnancy outcomes and reducing healthcare costs.

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Sera Prognostics (NASDAQ: SERA) announced a partnership with PreemieWorld, GLO Preemies, and the Alliance for Black NICU Families to support families affected by preterm birth. This collaboration aims to address healthcare disparities, particularly among African Americans, who are 50% more likely to experience premature delivery. The initiative includes distributing a children's book, Will Our Egg Hatch Early?, focusing on preterm birth risks. Sera's PreTRM® test offers early risk prediction for preterm births, enhancing proactive prenatal care.

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Sera Prognostics (NASDAQ: SERA) will report its third quarter 2021 financial results on November 9, 2021, after market close. This announcement includes a conference call at 5:00 p.m. ET for discussing operational highlights and financial results. Sera Prognostics specializes in improving maternal and neonatal health through innovative pregnancy biomarker information, notably its PreTRM® test, which predicts preterm birth risk. The company aims to enhance healthcare while reducing costs through early intervention.

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Sera Prognostics, Inc. (NASDAQ: SERA), known as The Pregnancy Company™, has appointed Dr. Paul Kearney as Chief Data Officer, effective October 1, 2021. Dr. Kearney will leverage his extensive experience in data science and bioinformatics to enhance Sera's research and commercial activities related to pregnancy health. He has co-founded successful biotech firms and has a strong background in clinical research and product development. The company remains focused on innovative prenatal health diagnostics, exemplified by its PreTRM® test, which predicts preterm birth risk through blood biomarkers.

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Sera Prognostics, Inc. (Nasdaq: SERA) has been added to the Russell 2000 Index effective September 20, 2021, enhancing its visibility within the investment community. This milestone follows the company’s transition to a public entity in July 2021. The company focuses on improving maternal and neonatal health through innovative biomarker testing, particularly its PreTRM test, which predicts preterm birth risk. Sera aims to expand revenue and shareholder value through increased awareness and adoption of its services.

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Sera Prognostics, focused on maternal and neonatal health, announced Dr. Michael R. Foley as Chief Medical Officer starting January 2022. He brings over 20 years of Maternal-Fetal Medicine experience and has chaired Obstetrics and Gynecology at the University of Arizona. Dr. Foley will lead medical activities and help expand access to Sera's PreTRM® risk information, aimed at improving pregnancy outcomes. His appointment aligns with Sera's mission to provide innovative diagnostic solutions for better individualized prenatal care.

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Sera Prognostics published a study demonstrating the clinical benefits of its PreTRM® testing, revealing a 20% reduction in preterm births and significant cost savings. The analysis of over 40,000 health plan members indicated a net savings of $863 per pregnant woman, totaling a possible $54 million reduction in costs. Furthermore, the study could forecast annual savings of over $850 million for U.S. health plans with full adoption of the test-and-treat strategy. The results enhance Sera's strategy for improving pregnancy outcomes while reducing healthcare expenses.

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Sera Prognostics Inc. (Nasdaq: SERA), dedicated to maternal and neonatal health, will present at the Oppenheimer Fall Healthcare Life Sciences & Med Tech Summit on September 21, 2021, at 8:15 a.m. ET. CEO Gregory C. Critchfield will discuss the company’s achievements and updates. Investors can join one-on-one meetings post-presentation. Sera’s PreTRM® test is a vital tool for predicting preterm birth risks, vital for personalized clinical decisions. The webcast will be available for 90 days on Sera's website.

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FAQ

What is the current stock price of Sera Prognostics (SERA)?

The current stock price of Sera Prognostics (SERA) is $6.93 as of January 10, 2025.

What is the market cap of Sera Prognostics (SERA)?

The market cap of Sera Prognostics (SERA) is approximately 234.0M.

What is Sera Prognostics' main product?

The main product of Sera Prognostics is the PreTRM® Test, a blood-based biomarker test for predicting the risk of preterm birth.

Where is Sera Prognostics headquartered?

Sera Prognostics is headquartered in Salt Lake City, Utah.

What is the mission of Sera Prognostics?

Sera Prognostics aims to improve maternal and neonatal health by providing early, pivotal pregnancy information to doctors and patients.

Who are some of the major investors in Sera Prognostics?

Major investors include the Bill & Melinda Gates Foundation, Domain Associates, InterWest Partners, and more.

What recent financial milestone has Sera Prognostics achieved?

Sera Prognostics has been added to the preliminary list of the Russell 3000 and Russell Small-Cap 2000 indexes.

How does the PreTRM® Test work?

The PreTRM® Test measures proteins in the blood during weeks 18-20 of pregnancy to predict the risk of spontaneous preterm birth.

What are the benefits of the PreTRM® Test?

The PreTRM® Test allows for early, individualized risk assessment of preterm birth, enabling proactive healthcare interventions to improve outcomes.

What strategic partnerships does Sera Prognostics have?

Sera Prognostics collaborates with the Bill & Melinda Gates Foundation to make its diagnostic technologies accessible in underserved regions.

What are the company's future plans for expanding its product offerings?

Sera Prognostics plans to enhance its product pipeline with new diagnostic tests and ambient whole blood collection methods to increase efficiency and reduce costs.

What challenges does Sera Prognostics face?

Challenges include achieving broad scientific and market acceptance of the PreTRM® Test, potential competition, and securing third-party payer coverage and reimbursement.
Sera Prognostics, Inc.

Nasdaq:SERA

SERA Rankings

SERA Stock Data

234.04M
28.59M
11.89%
71.54%
2.63%
Medical Devices
Services-medical Laboratories
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United States of America
SALT LAKE CITY