Neogenomics Announced That Its RaDaR Assay, A Personalized Liquid Biopsy For Minimal/Molecular Residual Disease And Recurrence Detection, Has Obtained Its First Pan-cancer Commercial Coverage By Blue Shield Of California
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Neogenomics announced that its RaDaR assay, a personalized liquid biopsy for minimal/molecular residual disease and recurrence detection, has obtained its first pan-cancer commercial coverage by Blue Shield of California.
June 16, 2023 | 8:46 am
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Neogenomics' RaDaR assay has received its first pan-cancer commercial coverage by Blue Shield of California, potentially increasing the company's revenue.
The news of Neogenomics' RaDaR assay obtaining its first pan-cancer commercial coverage by Blue Shield of California is a positive development for the company. This coverage will likely lead to increased adoption of the assay, resulting in higher revenues for Neogenomics. As a result, the stock price is likely to go up in the short term.
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