This Biotech Launched To A Record High On Cancer Test Approval [Investor's Business Daily]
FOUNDATION MEDICINE (FMI)
Last foundation medicine earnings: 5/2 04:01 pm
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Source: Investors Business Daily
Technology Related news 7/07/2017 In June, investors were nervous about what's been going on in Washington, the political drama. Illumina Leads In Medicine's Next Frontier: Genetics Hot Biotech Stocks: RX For Jittery Investors Celgene, Bristol-Myers Cancer Drug News Lifts Stocks Stock Futures Shed Early Gains; Tiffany Tumbles On Weak Sales Foundation Medicine, Ophthotech, Rise In IPO Debuts Foundation Medicine ( FMI ) launched to a record high Friday after U.S. regulators approved its genomic test to match some cancer patients to Food and Drug Administration-approved therapies. X In morning trading on the stock market today , Foundation rocketed 17.5%, near 62.50. The stock led IBD's 461-company Biotech industry group, which lifted a collective fraction. The test, dubbed FoundationOne CDx, is a diagnostic tool for patients with solid tumors. It could help as many as one in three patients afflicted with any one of five common advanced cancers find a
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