Labcorp Achieves IVDR CE-Marking for PGDx elio™ tissue complete in the EU
Rhea-AI Summary
Labcorp (NYSE: LH) has achieved IVDR CE-marking for its PGDx elio tissue complete test in the European Union, making it the first and only test of its kind approved for comprehensive solid tumor profiling under new EU regulations. The test, which already has FDA clearance in the US, will help diagnose and treat approximately 2.7 million people diagnosed with cancer annually in the EU.
The in vitro diagnostic assay can analyze multiple biomarkers simultaneously, even with limited tissue samples, enabling faster and more effective patient management plans. The test will be available through Labcorp's central laboratory in Geneva, Switzerland, supporting both biopharma partners and investigational use in global clinical trials.
Positive
- First and only test of its kind CE-marked for comprehensive solid tumor profiling in the EU
- Dual regulatory approval with both FDA clearance and IVDR CE-mark
- Enables analysis of multiple biomarkers with limited tissue samples
- Helps laboratories bring testing in-house while lowering costs
- Expands access to personalized cancer care for 2.7 million EU cancer patients annually
Negative
- None.
News Market Reaction – LH
On the day this news was published, LH declined 0.06%, reflecting a mild negative market reaction.
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First-and-only test of its kind approved under new European Union regulations expands access to personalized cancer care for patients across the EU
This in vitro diagnostic (IVD) assay, which has been cleared by the
"This accomplishment reflects Labcorp's commitment to advancing precision medicine and improving patient care," said Shakti Ramkissoon, M.D., Ph.D., MBA, vice president, medical lead for oncology at Labcorp. "With both FDA clearance and IVDR CE-mark, this test sets a new standard for quality and performance in cancer diagnostics. Importantly, it also provides our biopharma partners with a reliable, regulatory-ready solution to de-risk multiyear clinical trial strategies, ensuring continuity in NGS testing for trials that will extend beyond the IVDR transition timelines."
PGDx elio tissue complete makes it easier for laboratories to bring testing in-house while lowering costs, accelerating implementation, and helping patients get tested sooner.
As Labcorp prepares to make the CE-marked assay available for biopharma partners and for investigational use in global clinical trials through Labcorp's central laboratory in
For more information, visit https://www.labcorp.com/ivdr-elio-tissue-complete.
About Labcorp
Labcorp (NYSE: LH) is a global leader of innovative and comprehensive laboratory services that helps doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. We provide insights and advance science to improve health and improve lives through our unparalleled diagnostics and drug development laboratory capabilities. The company's nearly 70,000 employees serve clients in approximately 100 countries, provided support for more than
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SOURCE Labcorp
FAQ
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