BUZZ-Personalis rises as Medicare extends coverage to lung cancer test
Reuters
Feb 10
BUZZ-Personalis rises as Medicare extends coverage to lung cancer test
** Shares of U.S.-based cancer diagnostics firm Personalis PSNL.O rise 2.3% to $8.01 premarket
** Co says Medicare will now cover its NeXT Personal test for monitoring early-stage non-small cell lung cancer, the most common form of the disease
** Says the test tracks tiny bits of circulating tumor DNA (ctDNA) in blood that can indicate the presence of cancer; analyzes hundreds of tumor-specific mutations to guide ongoing care decisions
** Move follows Medicare approval for the same test in breast cancer patients, co says
** Medicare is the U.S. government health insurance program for people aged 65 and older
** Shares rose ~38% in 2025
(Reporting by Sahil Pandey in Bengaluru)
((Sahil.Pandey@thomsonreuters.com))
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