BIODESIX INC Stock Price, News & Analysis

Biodesix, Inc. (BDSX) will announce its third quarter financial results for the period ending September 30, 2021, before market open on November 15, 2021. The company will host a conference call at 9:00 a.m. Eastern Time to discuss these results and provide a business update. Biodesix specializes in data-driven diagnostic solutions for lung disease, offering non-invasive tests like Nodify Lung® and Biodesix Lung Reflex® to support patient management. These initiatives potentially influence treatment timelines and decision-making processes in lung disease care.

Biodesix (NASDAQ: BDSX) announced new findings from its ORACLE study presented at the 2021 CHEST virtual conference, showcasing its Nodify XL2 blood test's ability to reduce unnecessary invasive procedures by up to 67% for patients with benign lung nodules. The study, which evaluated 331 patients, demonstrated significant reductions in biopsies and surgeries, enhancing patient management and overall peace of mind. The results further validate previous data from the PANOPTIC trial, indicating potential improvements in patient care and clinical outcomes.

Biodesix, Inc. (NASDAQ: BDSX) reported significant findings presented at the IASLC World Conference on Lung Cancer, emphasizing the role of genomic and proteomic testing in improving treatment outcomes for lung cancer patients.

Key studies included a blood-based proteomic test predicting survival in non-small cell lung cancer patients undergoing immunotherapy, and the rapid turnaround of a KRAS test that allows for expedited treatment decisions. CEO Scott Hutton highlighted the goal of enhancing patient outcomes while reducing healthcare costs.

Biodesix, a data-driven diagnostic solutions company, will present at the Morgan Stanley Virtual 19th Annual Global Healthcare Conference on September 9, 2021. CEO Scott Hutton is scheduled to participate in a fireside chat at 4:15 PM ET.

The event will be available for live webcast and replay on the company's website. Biodesix specializes in lung disease diagnostics, with a portfolio that includes non-invasive tests and advanced AI integration, supporting rapid treatment decisions for lung cancer patients.

Biodesix, Inc. (BDSX) reported a strong second quarter for 2021, highlighting 180% growth in total revenue to $11.9 million, driven by a 109% increase in core lung diagnostic revenue. The company anticipates ongoing growth supported by its expanding sales force and emerging from the pandemic. Notably, COVID-19 testing revenue surged 345%, although a sequential decline was noted as vaccinations progressed. Despite a 38% rise in net loss to $11.4 million, Biodesix maintains a robust cash position of $56.3 million as of June 30, 2021.

Biodesix (Nasdaq: BDSX) announced its CEO, Scott Hutton, will present at the Canaccord Genuity 41st Annual Growth Conference on August 12, 2021, at 12:30 PM ET. The presentation will be available for live streaming and replay on the company's website. Biodesix focuses on innovative diagnostic solutions for lung diseases, offering non-invasive tests and leveraging AI technology. The company has developed tests for COVID-19, including SARS-CoV-2 ddPCR™, and its lung cancer strategies help expedite treatment decisions. More details can be found at biodesix.com.

Biodesix (Nasdaq: BDSX) will release its second-quarter financial results on August 10, 2021, after market close. A conference call and webcast will follow at 4:30 p.m. ET to discuss these results and provide a business update. The company is recognized for developing diagnostic tests for lung diseases, including recent contributions to COVID-19 diagnostics. Biodesix's innovative tests aid in critical treatment decisions and cancer risk assessments, leveraging advancements in artificial intelligence.

Biodesix (Nasdaq: BDSX) announced a webinar in collaboration with Seer to discuss proteomics trends in biomarker discovery on June 22, 2021. The event features experts discussing the Seer Proteograph™ Product Suite, which enhances plasma protein analysis to support Biodesix's diagnostic tests. As a leader in lung disease diagnostics, Biodesix combines proteomic and genomic insights through AI. They have launched several COVID-19 tests and provide rapid lung cancer treatment decision support through their innovative testing strategies.