/PRNewswire/ OmniSeq®, an innovator in next generation sequencing in oncology, today announced the New York State Department of Health s Clinical Laboratory.
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What happened
Shares of
Guardant Health (NASDAQ:GH) were rising 4.7% higher as of 10:54 a.m. EDT on Thursday. The gain came after the company announced that its Guardant Reveal blood test received Clinical Laboratory Evaluation Program (CLEP) approval from the New York State Department of Health in detecting and monitoring residual disease in patients with early-stage cancer.
So what
The win in New York marked an important milestone for Guardant Health. The company launched its Guardant Reveal product earlier this year. CLEP approval will allow oncologists in the Empire State to use the liquid biopsy test in two ways: identifying high-risk patients with colo