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Lucid Diagnostics: Holding Onto Medicare Coverage Hopes [Seeking Alpha]

Lucid Diagnostics Inc. (LUCD) 
Company Research Source: Seeking Alpha
However, its adoption rate remains constrained by reimbursement policies, which is a variable that could be a decisive factor for its long-term success. Medicare's LCD is in the final stages, with a draft expected late 2025 and a potential final decision in 2026. LUCD's cash runway is tight, which is why they raised additional funding through a stock offering. But overall, I feel LUCD's valuation is quite expensive relative to its peers and in light of its risks. Thus, I lean towards a neutral “Hold” rating at these levels. quantic69/iStock via Getty Images Lucid Diagnostics Inc. ( NASDAQ: LUCD ) is a medical diagnostics firm that develops the EsoGuard DNA test and the EsoCheck device. These devices are intended to help with the early detection of esophageal precancer and cancer. So far, EsoGuard's early This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate Show less Read more
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