GRAIL reports news on its healthcare business focused on early cancer detection through the Galleri multi-cancer early detection blood test. The company uses next-generation sequencing, population-scale clinical studies, machine learning, software and automation within a targeted methylation-based platform designed to detect and identify multiple cancer types in earlier stages.
Recurring updates include Galleri revenue and test-volume trends, clinical data from programs such as NHS-Galleri and PATHFINDER 2, regulatory and evidence-generation activity, health-system access initiatives, commercial partnerships, conference presentations, equity incentive grants and governance changes. Company announcements also describe how its platform may support screening and precision oncology uses, including risk stratification, minimal residual disease detection, biomarker subtyping, treatment monitoring and recurrence monitoring.
GRAIL (NASDAQ: GRAL) has announced it will release its fourth quarter 2024 financial results after market close on Thursday, February 20, 2025. The healthcare company, focused on early cancer detection, will follow the release with a management-hosted webcast and conference call at 1:30 p.m. PT / 4:30 p.m. ET.
The webcast will be accessible through GRAIL's investor relations website at investors.grail.com, with a recorded replay available afterward. Interested parties are advised to register at least ten minutes before the call's scheduled start time through the provided registration link.
GRAIL (NASDAQ: GRAL) and Quest Diagnostics (NYSE: DGX) announced the integration of GRAIL's Galleri® multi-cancer early detection (MCED) test into Quest's test ordering system. This collaboration enables providers to order the Galleri test directly through Quest's Quanum laboratory portal and over 900 electronic health record systems.
The integration makes the test accessible at Quest's 7,400 patient access points nationwide, streamlining the ordering process for over 500,000 healthcare providers. The Galleri test, which detects cancer DNA fragments in blood before symptoms appear, is prescription-only and recommended for adults with elevated cancer risk, particularly those 50 or older.
This development builds upon their existing collaboration since 2021, aiming to improve cancer screening accessibility. The test can detect multiple deadly cancers, including those without current recommended screening tests, which account for nearly 70% of cancer deaths.
GRAIL (NASDAQ: GRAL) published patient-reported outcomes (PRO) from their PATHFINDER study in Lancet Oncology, evaluating patient perspectives on their Galleri® multi-cancer early detection (MCED) blood test. The study assessed participants with cancer signal detected (CSD) and no cancer signal detected (NCSD) over 12 months.
Key findings showed minimal patient distress associated with MCED testing. Most participants with NCSD results reported feeling relieved, while those with CSD results experienced only small negative impacts that returned to baseline within 12 months. The study measured anxiety, distress, uncertainty, health-related quality of life, and satisfaction using three assessment instruments.
High overall satisfaction was reported across all participant groups, regardless of signal detection status. Most participants indicated they were likely to continue with both standard screening and MCED testing in the future.
GRAIL (NASDAQ: GRAL), a healthcare company focused on early cancer detection, has announced its participation in the 43rd Annual J.P. Morgan Healthcare Conference. The presentation is scheduled for Wednesday, January 15 at 9:00 a.m. PT in San Francisco. Interested parties can access both live and replay webcasts through the investor relations section of GRAIL's website at investors.grail.com. The presentation recording will remain available for a minimum of 30 days following the event.
GRAIL (Nasdaq: GRAL) has announced the granting of equity awards to 46 newly hired non-executive employees. The awards consist of restricted stock units (RSUs) totaling 115,093 shares of GRAIL's common stock. These inducement grants were made under GRAIL's Inducement Equity Incentive Plan in compliance with Nasdaq Listing Rule 5635(c)(4).
The RSUs will vest over approximately four years, with 25% vesting on November 30, 2025, and the remaining portions vesting annually thereafter, contingent on continued employment with GRAIL or its subsidiaries.
GRAIL (Nasdaq: GRAL) has announced its participation in two upcoming investor conferences. The company will conduct fireside chats at the Piper Sandler 36th Annual Healthcare Conference in New York on December 3 at 1:30 p.m. ET, and at the 7th Annual Evercore ISI HealthCONx Conference in Coral Gables, Florida on December 4 at 3:50 p.m. ET. Both sessions will be available via webcast on GRAIL's investor relations website, with replays accessible for at least 30 days following the events.
GRAIL announced the first patient testing in the global TROPION-Lung12 Phase 3 study using their Non-Small Cell Lung Cancer (NSCLC) ctDNA Assay. The study, conducted under FDA approval, evaluates adjuvant treatments in Stage I adenocarcinoma NSCLC patients. The trial is sponsored by AstraZeneca in collaboration with Daiichi Sankyo.
GRAIL's blood-based methylation platform detects ctDNA without requiring tissue analysis, streamlining integration into clinical trials. Patients will be screened pre-surgery to determine eligibility for post-surgery treatment. This marks one of the first uses of ctDNA assay in early-stage lung cancer trials to identify patients who may benefit from additional treatment.
GRAIL (GRAL) reported Q3 2024 financial results with total revenue of $28.7 million, up 38% year-over-year. Galleri revenue grew 52% to $25.4 million, with over 250,000 tests sold since launch. The company posted a net loss of $(125.7) million, including $34.6 million in amortization and $19.0 million in restructuring charges. Gross loss was $(22.2) million, while adjusted gross profit reached $11.8 million. The company maintains a strong cash position of $853.6 million, providing runway into 2028.
GRAIL (Nasdaq: GRAL) has announced its upcoming participation at the Canaccord Genuity MedTech, Diagnostics and Digital Health & Services Forum in New York. The company's management will deliver a presentation on Thursday, November 21 at 11:00 a.m. ET. The event will be accessible via live and replay webcasts through GRAIL's investor relations website section at investors.grail.com, with recordings available for at least 30 days following the presentation.
GRAIL (Nasdaq: GRAL) has scheduled the release of its third quarter 2024 financial results after market close on Tuesday, November 12, 2024. The company will host a webcast and conference call at 1:30 p.m. PT / 4:30 p.m. ET on the same day to discuss the results and business progress. Interested parties can access the live webcast and replay through the investor relations section at investors.grail.com, with registration available at the provided link. Participants are advised to register and join ten minutes before the scheduled start time.