This is an archive article published on July 29, 2024
US FDA approves Guardant Health’s blood-based cancer test
The test, known as Shield, has been available in the US as a laboratory-developed test (LDT) since 2022 and is available for a self-pay price of $895.
Food and Drug Administration (FDA) headquarters in White Oak, Maryland, US. (Reuters photo) Guardant Health said its blood test to detect a cancer that starts in the colon or rectum got an approval from the US Food and Drug Administration, sending the company’s shares up 16% in premarket trading on Monday.
The test, known as Shield, has been available in the US as a laboratory-developed test (LDT) since 2022 and is available for a self-pay price of $895.
Advertisement
LDTs are designed, manufactured and used within a single laboratory, but FDA’s approval takes Shield a step closer to becoming the first blood test for colorectal cancer (CRC) screening that is eligible for Medicare insurance coverage for older adults.