GRAIL Announces First Participant Enrolled In REACH Study Evaluating Clinical Impact Of Galleri Multi-Cancer Early Detection Test In The Medicare Population
Portfolio Pulse from Benzinga Newsdesk
GRAIL, Inc. (NASDAQ:GRAL) has enrolled the first participant in the REACH study to evaluate the clinical impact of its Galleri multi-cancer early detection test in the Medicare population. The study, conducted by Community Health Network, aims to assess the real-world impact of Galleri in addition to current cancer screenings, with a focus on diverse and underrepresented populations. Medicare will cover the costs for participants.
July 18, 2024 | 1:08 pm
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POSITIVE IMPACT
GRAIL, Inc. has initiated the REACH study to evaluate the Galleri multi-cancer early detection test in the Medicare population. This could potentially expand the market for Galleri and increase revenues if the study shows positive results.
The initiation of the REACH study by GRAIL to evaluate the Galleri test in the Medicare population is a significant step. If the study demonstrates positive results, it could lead to wider adoption of Galleri, thereby increasing GRAIL's market reach and revenues. The focus on diverse and underrepresented populations also aligns with current healthcare trends, potentially enhancing the company's reputation and market position.
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