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GHDX

Genomic Health

$67.01

1.08 (1.64%)

08:16
12/19/18
12/19
08:16
12/19/18
08:16

Genomic Health says NICE expands reccomendation for Oncotype DX test

Genomic Health announced that the National Institute for Health and Care Excellence in the United Kingdom has issued its updated guidance again recommending the Oncotype DX Breast Recurrence Score test for use in clinical practice to guide adjuvant chemotherapy treatment decisions for certain patients with early-stage breast cancer. Further, NICE expanded its recommendation to include patients with micrometastases, indicating that some cancer cells have spread to the lymph nodes. The recommendation of the Oncotype DX Breast Recurrence Score test in NICE's updated guidance is based on the test's unique ability to predict who will benefit from chemotherapy and who will not. Importantly, NICE acknowledges Oncotype DX as the only test that reduces the overall number of patients who receive chemotherapy, as well as the only test supported by long-term patient outcomes evidence, including the recently published landmark TAILORx study. Further, NICE also found the Oncotype DX test to be the most cost-effective tool in guiding chemotherapy treatment.

GHDX Genomic Health
$67.01

1.08 (1.64%)

12/19/18
OPCO
12/19/18
INITIATION
OPCO
Perform
Genomic Health initiated with a Perform at Oppenheimer
Oppenheimer analyst Kevin DeGeeter started Genomic Health with a Perform rating. The analyst views Genomic Health as a leader in diagnostic testing for predicting response to certain therapeutics and for staging of oncology patients. However, given the strong share price appreciation since presentation of TAILORx data, DeGeeter believes the stock is fully valued.
11/28/18
PIPR
11/28/18
NO CHANGE
PIPR
Piper sees 'incremental winners' in final Clinical Laboratory Fee Schedule
CareDx (CDNA), Genomic Health (GHDX), LabCorp (LH), Myriad Genetics (MYGN), Natera (NTRA) and Quest Diagnostics (DGX) are the "incremental winners" in the 2019 Final Clinical Laboratory Fee Schedule determinations announced by the Centers for Medicare and Medicaid Services, Piper Jaffray analyst William Quirk tells investors in a research note. Specifically, CMS priced the advanced carrier screening panel at $2,449 versus the code stack method yesterday, Quirk writes. He points out that Genomic Health gets a bump for a couple tests and CareDx competitor TAI Diagnostics ends up with a likely longer pathway to reimbursement.
11/07/18
ADAM
11/07/18
NO CHANGE
Target $82
ADAM
Buy
Genomic Health price target raised to $82 from $70 at Canaccord
Canaccord analyst Mark Massaro raised his price target on Genomic Health to $82 from $70 following its beat and raise Q3 results. The analyst cited its topline growth and raised top and bottom line outlook for the year. Massaro reiterated his Buy rating on Genomic Health shares.
10/23/18
RAJA
10/23/18
INITIATION
RAJA
Market Perform
Genomic Health initiated with a Market Perform at Raymond James
Raymond James analyst John Hsu initiated Genomic Health with a Market Perform saying near-term growth is partly dependent on coverage decisions with lack of visibility.

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