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Stock impact report

Biodesix Details Lung Test Momentum, 81% Gross Margin and Growth Plan at Barclays Conference [Yahoo! Finance]

Biodesix, Inc. (BDSX) 
Company Research Source: Yahoo! Finance
decisioning and treatment guidance, and the company is expanding from pulmonology into primary care referral networks. Biodesix reported 81% gross margins for the prior year and reached adjusted EBITDA profitability in Q4, while citing rising average selling prices, improving commercial payer momentum, and a growing salesforce (from ~65 to ~100 with ~25 more planned) to drive sustainable cash-flow positivity. The services business and partnerships (e.g., Bio-Rad) are driving higher backlog and operating leverage, and the pipeline includes an MRD+proteomic test with Memorial Sloan Kettering, VeriStrat expansion into other tumor types, and "digital diagnostics" using imaging inputs. Interested in Biodesix, Inc.? Here are five stocks we like better. Biodesix (NASDAQ:BDSX) is focused on developing diagnostic tests intended to improve patient outcomes by answering specific clinical questions, Chief Financial Officer Robin Cowie said at a Barclays event. Commercially, the company's Show less Read more
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