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What's Going On With Colorectal Cancer Diagnostic-Focused Guardant Health Stock On Tuesday?
Tuesday, the FDA's staff reviewers raised concerns regarding Guardant Health Inc's (NASDAQ:GH) experimental blood test for colorectal cancer, suggesting it might not detect some tumor types that could become cancerous.
Guardant Health is seeking approval for Shield, a blood-based colorectal cancer (CRC) screening test for average-risk adults.
Shield is an in vitro diagnostic device intended for the qualitative detection of CRC through sequencing the cell-free DNA (cfDNA) isolated from whole blood.
Related: Cancer Test Focused Guardant Health Stock Falls On FDA AdCom Update For Colorectal Test.
The FDA document noted, "Patients with advanced neoplasia (AA) have a high risk of developing CRC cancer. The Guardant ECLIPSE study demonstrated 83.1% sensitivity ...