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Pacific Edge Limited (ASX:PEB)
ALERT: Price-sensitive ASX Announcement for PEB
Current share price for PEB : $0.245 0.085 (53.13%)+
Announcement
Release
20 Jan 2026 7:30AM
Price at Release
$0.160
Full Release
Summary
Pacific Edge Limited, a leading cancer diagnostics company, has released its investor update for the third quarter ending December 2025. The update highlights several strategic milestones, including preparations for the upcoming Novitas Contractor Advisory Committee meeting, which will be crucial for establishing a Local Coverage Determination (LCD) for Cxbladder tests. The company reported a decrease in total laboratory throughput by 13.4% compared to the previous quarter, driven by lower US volumes but offset by an increase in APAC regions. The endorsement of Cxbladder by Avalon Healthcare Systems is a significant step toward gaining broader commercial coverage. Pacific Edge also announced leadership changes with Simon Flood taking over as Chair. The company remains focused on securing Medicare reimbursement, with several appeals in process following the non-coverage determination in 2025.
Key Points
- Preparation for Novitas Contractor Advisory Committee meeting.
- Q3 26 laboratory throughput dropped 13.4% from Q2 26.
- Increase in APAC volumes by 9.7%.
- Cxbladder Triage endorsed by Avalon Healthcare Systems.
- Leadership change: Simon Flood appointed Chair.
- Focus on securing Medicare reimbursement for Cxbladder.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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