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CLEO Diagnostics Advances Ovarian Cancer Test

CLEO Diagnostics Advances Ovarian Cancer Test

CLEO Diagnostics Ltd (AU:COV) has released an update.

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CLEO Diagnostics Ltd is advancing its novel ovarian cancer detection blood test, starting FDA regulatory processes and initiating U.S. clinical trials with 500 patients to validate the test’s effectiveness. A recent study published in ‘Cancers’ shows the test outperforming current standards, correctly identifying 90% of early-stage cancers. With A$9.373M in cash, the company is also working on market access and reimbursement strategies to ensure early revenue post-regulatory approval.

For further insights into AU:COV stock, check out TipRanks’ Stock Analysis page.

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