Welcome to our dedicated page for Veracyte news (Ticker: VCYT), a resource for investors and traders seeking the latest updates and insights on Veracyte stock.
Veracyte, Inc. (Nasdaq: VCYT) is a global cancer diagnostics and genomic testing company whose news flow centers on clinical evidence, test performance, and financial results. The company describes its mission as transforming cancer care by empowering clinicians with high-value insights at key decision points in diagnosis and treatment. Its Veracyte Diagnostics Platform underpins tests such as Decipher Prostate, Afirma GSC, Prosigna, Decipher Bladder, and the Percepta Nasal Swab test, along with research tools like Afirma GRID and Decipher GRID.
On this page, readers can follow Veracyte news related to quarterly and annual financial results, including revenue and testing volume updates the company announces in earnings press releases and accompanying conference calls. Veracyte’s communications also highlight non-GAAP measures such as adjusted EBITDA and adjusted EBITDA margin, along with explanations of how these metrics are used internally and how they differ from GAAP figures.
Another major category of news involves clinical and scientific developments. Veracyte regularly reports on studies and abstracts that use its Afirma GRID and Decipher GRID platforms to develop and evaluate molecular signatures in thyroid and prostate cancer. Examples include publications on Afirma GRID-derived signatures to differentiate thyroid cancer risk groups and prospective validation data for biomarkers such as the PAM50 molecular signature in recurrent prostate cancer.
Investors and clinicians can also find announcements about Veracyte’s participation in healthcare and investor conferences, where management presents updates on the company’s diagnostics portfolio, research programs, and financial outlook. For ongoing insight into how Veracyte’s genomic tests and research tools are being used in practice and studied in trials, this news feed aggregates the company’s press releases and related updates in one place.
Veracyte (NASDAQ: VCYT) will present new data on its Decipher Prostate genomic test at the ASTRO Annual Meeting 2021, taking place from October 24-27 in Chicago. The studies focus on the test's effectiveness for newly diagnosed, clinically high-risk prostate cancer patients and those with biochemical disease progression after prostatectomy. Notable presentations include two oral sessions scheduled for October 25 and 26, showcasing its potential role in personalized treatment decision-making. This advancement in genomic science aims to enhance patient care and treatment outcomes.
Veracyte, Inc. (Nasdaq: VCYT) has published new data showing that its Decipher Bladder genomic classifier effectively identifies bladder tumors likely to respond to chemotherapy before radical cystectomy. The findings, detailed in a peer-reviewed study, may enhance treatment planning for muscle-invasive bladder cancer (MIBC) patients. In a study of 601 patients, non-luminal tumors significantly benefitted from neoadjuvant chemotherapy, improving overall survival by 10%. Veracyte aims to validate this test for routine clinical use.
Veracyte, Inc (NASDAQ: VCYT) will release its Q2 2021 financial results on November 9, after market close. Management will host a conference call at 4:30 p.m. ET to discuss the results and provide a business update. Investors can join via a toll-free number or through a live webcast. Veracyte specializes in diagnostics, leveraging genomic science to enhance cancer diagnosis and treatment decisions, helping patients avoid unnecessary procedures. The company continues to develop tests across various cancers.
Veracyte (NASDAQ: VCYT) announced new findings showing that its Envisia Genomic Classifier significantly enhances clinical decision-making in idiopathic pulmonary fibrosis (IPF). An oral presentation at the CHEST Annual Meeting on October 18 will highlight the results from a study involving over 100 pulmonologists. Key metrics include a 39% increase in IPF diagnosis and a boost in physician confidence, leading to a higher rate of treatment recommendations. This innovative test addresses the critical need for accurate diagnoses in a challenging medical area.
Veracyte (Nasdaq: VCYT) has announced expanded clinical validation data supporting the Percepta Nasal Swab test, which helps assess lung cancer risk in patients with lung nodules. This noninvasive test shows high sensitivity (97%) and negative predictive value (98%) for low-risk classifications, potentially reducing unnecessary invasive procedures. The test's performance is consistent across different nodule sizes and stages of non-small cell lung cancer (NSCLC). Veracyte is offering the test to selected clinical sites, aiming to build clinical utility data for reimbursement.
Veracyte announces the presentation of four abstracts at the CHEST 2021 Annual Meeting, highlighting the clinical impact of its genomic diagnostic tests for lung cancer. The studies show that the Percepta Nasal Swab test can effectively assess cancer risk in patients with lung nodules, enhancing decision-making for treatment options. Additional findings reinforce the value of the Percepta GSC and Envisia GC in managing lung cancer and interstitial lung disease.
Veracyte (Nasdaq: VCYT) announced that its Decipher® Prostate RP genomic classifier is included in the 2022 NCCN Clinical Practice Guidelines for Oncology, advocating its use for treatment decisions in prostate cancer. The guidelines recommend Decipher Prostate RP for patients post-radical prostatectomy, particularly for those with high-risk scores (>0.6) for salvage radiotherapy. This recognition stems from data showing the classifier's predictive value in clinical outcomes, including survival rates and response to hormone therapy.
Veracyte, Inc. (NASDAQ: VCYT) has appointed Dr. Joshua Klopper as its new medical director of Endocrinology. Dr. Klopper, a distinguished endocrinologist with expertise in thyroid nodules and cancer, previously served at the Colorado Permanente Medical Group. His clinical research experience includes significant contributions to the Afirma genomic classifier, supporting Veracyte’s mission to enhance patient outcomes through genomic diagnostics. This leadership addition aims to strengthen Veracyte's capabilities in thyroid health management.
Veracyte, Inc. (Nasdaq: VCYT) announced that CEO Marc Stapley and CFO Rebecca Chambers will participate in a fireside chat at the Morgan Stanley Virtual 19th Annual Global Healthcare Conference on September 14 at 3:30 p.m. Eastern Time. A live audio webcast of the event will be available on Veracyte's website, with replays accessible for 90 days post-event. Veracyte is dedicated to enhancing patient care through innovative genomic tests for various cancers and diseases, helping avoid unnecessary procedures and expediting treatment.
Summary not available.
FAQ
What is the current stock price of Veracyte (VCYT)?
What is the market cap of Veracyte (VCYT)?
