other material
confidence high
sentiment neutral
materiality 0.55
Cardio Diagnostics holds investor call; highlights $854 CMS rate, new CLIA lab, and India expansion
Cardio Diagnostics Holdings, Inc.
- Investor presentation reveals $854 final CMS gapfill rate for both Epi+Gen CHD and PrecisionCHD tests.
- New internal CLIA lab reduces initial COGS by ~30%; further reductions expected at scale.
- TAM estimated at ~$176B across both tests, with 146M and 60M eligible Americans respectively.
- Announced partnership with Aimil Ltd and Dr. Lal PathLabs for India expansion of PrecisionCHD.
- Preliminary data on PrecisionCHD presented at AHA and ACC conferences showing INOCA detection and ACS mortality prediction.