Loading...
Market
What will be the revenue generated by Guardant Health's Shield™ blood test by end of 2024?
3
Resolution / Starting Odds
Below $100 million • 25%
$100 million - $200 million • 25%
$200 million - $300 million • 25%
Above $300 million • 25%
Guardant Health's financial reports
Story
FDA Approves Guardant Health's Shield™ Blood Test for Colorectal Cancer; Shares Rise 7%
Jul 29, 2024, 03:00 PM
The U.S. Food and Drug Administration (FDA) has approved Guardant Health's Shield™ blood test as a primary screening option for colorectal cancer. This approval marks a significant advancement in cancer detection, particularly for individuals aged 45 and older who are at average risk. The test, which detects cancer in the colon or rectum, is expected to increase screening rates, especially among those who may avoid colonoscopies. Guardant Health's shares rose 7% following the announcement, with a 9.1% increase in premarket trading and a 16% rise in premarket trading on Monday. The approval also paves the way for Medicare reimbursement, potentially making the test more accessible. The FDA's decision was based on data from the ECLIPSE trial. Experts hope that the new test will lead to earlier detection and treatment of colorectal cancer, although it is not a perfect alternative to colonoscopies.
View original story
Similar markets
Less than 100,000 • 25%
100,000 to 500,000 • 25%
500,000 to 1,000,000 • 25%
More than 1,000,000 • 25%
Less than 10% • 25%
10% to 25% • 25%
25% to 50% • 25%
More than 50% • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Guardant Health becomes the market leader • 25%
Guardant Health is among the top 3 • 25%
Guardant Health remains in the top 5 • 25%
Guardant Health does not make it to the top 5 • 25%
Less than $50 million • 25%
$50 million to $100 million • 25%
$100 million to $200 million • 25%
More than $200 million • 25%
Guardant Reveal • 25%
Guardant360 • 25%
GuardantOMNI • 25%
None • 25%
Less than $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $1.5 billion • 25%
More than $1.5 billion • 25%
Yes • 50%
No • 50%
Positive results for Shield • 25%
Positive results for Reveal • 25%
Positive results for Guardant360 • 25%
No positive results • 25%