Significant Revenue Growth
Revenue for the second quarter was $1.2 million, representing a 40% increase from the first quarter and matching a previous quarterly high.
Partnership with Hoag
Lucid Diagnostics launched a comprehensive EsoGuard esophageal precancer testing program in partnership with Hoag, a world-class health system in Orange County, California.
Successful Financing
An underwritten public offering netted $16.1 million, extending the company's runway well into 2026.
Highmark Blue Cross Blue Shield Coverage
Highmark Blue Cross Blue Shield positive coverage policy for EsoGuard became effective, marking the first commercial coverage policy for Lucid Diagnostics.
Positive Indicators for Medicare Coverage
Upcoming Multi-Jurisdictional CAC meeting scheduled for September 4 is seen as a strong indicator of progress towards a positive Medicare coverage policy outcome.