Companies
Discover all trending biotech companies
Discover all trending biotech companies
Company Research Platform
Annual Revenue
$ 831,300,000
Global Employees
2,400
The Oncology Testing segment focuses on providing molecular diagnostic tests to assess cancer risk, guide treatment decisions, and monitor disease progression. This includes tests like MyRisk Hereditary Cancer Test, BRACAnalysis CDx, and MyChoice CDx. Research and development efforts are focused on improving test accuracy, expanding the range of detectable cancers, and developing companion diagnostics for novel therapies. Technologies used include DNA sequencing, RNA expression analysis, and tumor testing. The segment aims to improve patient outcomes by providing personalized insights that enable targeted therapies and early detection. Market positioning is strong due to the company's established presence and FDA-approved tests. Future opportunities include expanding into liquid biopsy and minimal residual disease (MRD) testing. Regulatory and clinical aspects are critical, with a focus on obtaining and maintaining FDA approvals and demonstrating clinical utility through rigorous trials. Partnerships with pharmaceutical companies are key for companion diagnostic development.
This segment offers genetic tests focused on women's health, including prenatal screening and carrier screening. Key products include the Prequel Prenatal Screen and Foresight Carrier Screen. Research and development efforts are focused on improving the accuracy and scope of prenatal screening tests, as well as expanding carrier screening panels. Technologies used include non-invasive prenatal testing (NIPT) using cell-free DNA and advanced genetic sequencing. The segment aims to provide expectant parents with valuable information about the health of their fetus and their risk of passing on genetic conditions. Market positioning is strong due to the increasing demand for non-invasive prenatal screening. Future opportunities include expanding the range of conditions screened for and integrating these tests into broader women's health services. Regulatory and clinical aspects involve obtaining necessary approvals and demonstrating clinical validity. Partnerships with obstetricians and maternal-fetal medicine specialists are crucial for market access and adoption.
The Mental Health segment focuses on providing the GeneSight Psychotropic test, a DNA genotyping test to aid psychotropic drug selection for patients suffering from mental health conditions. Research and development efforts are focused on improving the test's predictive capabilities and expanding the range of medications covered. Technologies used include DNA genotyping and bioinformatics. The segment aims to improve patient outcomes by helping clinicians select the most effective medications and reduce the trial-and-error approach to treatment. Market positioning is based on the growing recognition of the role of genetics in mental health treatment. Future opportunities include expanding the test's coverage to include more mental health conditions and medications. Regulatory and clinical aspects involve demonstrating clinical utility and obtaining necessary approvals. Partnerships with mental health providers and pharmaceutical companies are important for market access and adoption.