regulatory
confidence high
sentiment positive
materiality 0.75
FDA advisory panel strongly recommends approval of Guardant's Shield blood test for CRC screening
Guardant Health, Inc.
- FDA advisory panel voted 8-1 that Shield is safe, 6-3 that it is effective, and 7-2 that benefits outweigh risks.
- Shield blood test showed 83% sensitivity for colorectal cancer detection and 90% specificity for advanced neoplasia in ECLIPSE study.
- FDA decision on premarket approval expected later in 2024; Shield is on track to become first FDA-approved blood test for CRC screening.
- Approximately 50 million eligible Americans are not up-to-date with CRC screening; Shield offers a blood-draw alternative to stool-based tests.