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Stock impact report

NeoGenomics (NEO) Launches RaDaR ST to Capture Share in $20B MRD Market [Yahoo! Finance]

NeoGenomics, Inc. (NEO) 
Last neogenomics, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.neogenomics.com
Company Research Source: Yahoo! Finance
NeoGenomics Inc. (NASDAQ: NEO ) is one of the most buzzing stocks to buy with the highest upside potential . On February 25, NeoGenomics officially launched RaDaR ST, a tumor-informed circulating tumor DNA/ctDNA assay designed to detect molecular residual disease/MRD across various solid tumor types. This launch targets a rapidly growing MRD market estimated at over $20 billion, which NeoGenomics believes is currently less than 10% penetrated. By providing patient-specific molecular insights, the test allows clinicians to identify residual disease and recurrence earlier than traditional imaging, facilitating more timely treatment interventions. The RaDaR ST assay uses whole-exome sequencing and advanced bioinformatics to track up to 48 tumor-specific variants. It features a high level of sensitivity, with a limit of detection at 95% probability of 11 parts per million/ppm, ensuring the identification of trace amounts of tumor DNA. The test has been validated through clinical and re Show less Read more
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