Rhythm Biosciences (ASX:RHY) said the National Association of Testing Authorities confirmed that its ColoSTAT blood-based colorectal cancer test satisfies all applicable technical and quality requirements under the ISO 15189:2022 standard, according to a Monday Australian bourse filing.
The test's validation and intended clinical application were reviewed in accordance with the National Pathology Accreditation Advisory Council requirements. ColoSTAT was formally listed within the accredited scope of Rhythm's laboratory in Parkville, Victoria.
Its shares jumped 8% in recent trading on Monday.