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Stock impact report

Cofactor Genomics Announces Strategic Investment by Labcorp and Ascension Ventures to Fuel Expansion of Its OncoPrism® Immunotherapy Diagnostic Across U.S. Cancer Care Networks [Yahoo! Fin...

Laboratory Corporation of America Holdings (LH) 
Last laboratory corporation of america holdings earnings: 4/29 06:53 am Check Earnings Report
Company Research Source: Yahoo! Finance
RNA-based predictive tests, today announced strategic investments from Labcorp and Ascension Ventures . The financing is intended to accelerate Cofactor's nationwide expansion and broaden patient access to its immunotherapy-response diagnostics. Ascension Ventures, the strategic investment arm of 13 leading U.S. health systems across 22 states, representing more than $100 billion in annual operating revenue, aligns closely with some of the nation's largest oncology networks. Labcorp adds further strategic value through its national diagnostics footprint and rapidly expanding precision-oncology portfolio. Cofactor's flagship assay, OncoPrism®, leverages machine-learning analysis of tumor RNA to quantify immune engagement and generate a clinically actionable predictive classification for immune checkpoint inhibitor (ICI) response. The platform's capabilities were established in the national PREDAPT trial, which demonstrated multi-cancer applicability and performance exceeding that o Show less Read more
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