Accelerated Clinical Adoption and Growth
The clinical adoption of NeXT Personal is accelerating dramatically with test volume growing 59% sequentially and over 575% from the previous year. The base of ordering physicians has expanded to over 600.
Partnership with Tempus Gaining Momentum
The commercial partnership with Tempus is expanding, now covering four major indications. This partnership is pivotal to the company's strategy and growth.
Path to Securing Medicare Coverage
Personalis is on track to secure Medicare coverage for two indications by the end of the year, which is expected to be a major inflection point for the company.
Strong Cash Position
The company ended the second quarter with $173.2 million in cash and short-term investments, with no significant debt.
MRD Technology Growth
The demand for MRD technology is robust, with plans to grow this segment by 300% to 400% this year.