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OncoCyte Expands Transplant Diagnostics with Key Partnerships

Published 1 hours agoOCX
OncoCyte Expands Transplant Diagnostics with Key Partnerships

OncoCyte Corporation is advancing its presence in the transplant diagnostics market through significant new agreements. The company has recently secured partnerships with top transplant centers in both the United States and Germany. These centers will use OncoCyte's GraftAssure™ assay, a specialized test designed to detect early signs of organ graft damage, according to a report by GlobeNewswire.


Supporting its diagnostics expansion, OncoCyte is making headway in FDA-related activities. The company is progressing with the development of a kitted clinical test product, having held a pre-submission meeting with the U.S. Food and Drug Administration on December 5, 2024. OncoCyte plans to submit this clinical test for FDA approval by the end of 2025, with hopes for authorization by 2026, as detailed by NatLawReview.


In a strategic move to align with future industry standards, OncoCyte is also embarking on a rebranding initiative. This shift is in anticipation of a broader transition in transplant care, where localized, real-time monitoring is expected to become standard practice by 2028. The company's efforts reflect its commitment to accessible and efficient transplant diagnostics, aiming to innovate and lead in this evolving field.

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OncoCyte Expands Transplant Diagnostics with Key Partnerships

OncoCyte Expands Transplant Diagnostics with Key Partnerships

1 hours agoOCX

OncoCyte Corporation is advancing its presence in the transplant diagnostics market through significant new agreements. The company has recently secured partnerships with top transplant centers in both the United States and Germany. These centers will use OncoCyte's GraftAssure™ assay, a specialized test designed to detect early signs of organ graft damage, according to a report by GlobeNewswire. Supporting its diagnostics expansion, OncoCyte is making headway in FDA-related activities. The company is progressing with the development of a kitted clinical test product, having held a pre-submission meeting with the U.S. Food and Drug Administration on December 5, 2024. OncoCyte plans to submit this clinical test for FDA approval by the end of 2025, with hopes for authorization by 2026, as detailed by NatLawReview. In a strategic move to align with future industry standards, OncoCyte is also embarking on a rebranding initiative. This shift is in anticipation of a broader transition in transplant care, where localized, real-time monitoring is expected to become standard practice by 2028. The company's efforts reflect its commitment to accessible and efficient transplant diagnostics, aiming to innovate and lead in this evolving field.

Coherus BioSciences Targets $200 Million Market for LOQTORZI in NPC

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1 hours agoCHRS

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FiscalNote Reaffirms Revenue Outlook Amid Strategic Initiatives

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1 hours agoNOTE

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Microvast Reports Record Revenue and Sets Ambitious Targets for 2025

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1 hours agoMVST

Microvast Holdings, Inc. has experienced a noteworthy year, closing 2024 with an impressive revenue of $379.8 million, marking a 23.9% increase from the previous year. Despite increasing their gross margin to 31.5% from 18.7% in 2023, the company reported a net loss of $82.3 million in the fourth quarter of 2024, up from the $24.6 million loss during the same period in 2023. Looking ahead, Microvast has set its sights on a revenue target of $450 million to $475 million for 2025, which represents an 18% to 25% year-over-year growth. The company's regional performance is particularly strong in the EMEA region, where it saw a remarkable 212% increase in sales in the third quarter of 2024, according to Investing.com. There is also an expectation of an 80% revenue growth for the EMEA region in the fourth quarter. The company is strategically expanding its operations and production capabilities at its Huzhou Phase 3.2 facility to meet growing demand. Microvast is also working on new product developments, such as the ME6 ESS container solution and silicon-based cells, to position itself strongly in the evolving commercial vehicle markets as more OEMs electrify their product lines. These efforts underline Microvast's focus on growth and operational efficiency.