Natera Issues Statement on Guardant Health Litigation
November 25 2024 - 3:51PM
Business Wire
Natera, Inc. (NASDAQ: NTRA), a global leader in cell-free DNA
and genetic testing, today issued the following statement:
In 2021, Natera and Guardant Health filed
false advertising cases against each other concerning statements
both companies made more than three years ago about Guardant’s
Reveal test. Today, a jury issued a decision in Guardant’s favor.
We disagree with this decision and will ask the Court to overturn
it.
The jury was asked to evaluate comparative
advertisements that ran for a brief period in 2021 related to the
performance of Guardant’s Reveal test. This case had nothing to do
with the validity or utility of Signatera, and certain key pieces
of evidence supporting Natera’s case were not included in this
trial.
In the years that have passed since these
events, Signatera has become the most widely used MRD test in the
U.S., extensively validated with published evidence in more than
100 peer-reviewed papers across multiple cancer types and
indications.
About Signatera
Signatera is a personalized, tumor-informed, molecular residual
disease test for patients previously diagnosed with cancer.
Custom-built for each individual, Signatera uses circulating tumor
DNA to detect and quantify cancer left in the body, identify
recurrence earlier than standard-of-care tools, and help optimize
treatment decisions. The test is available for clinical and
research use and is covered by Medicare for patients with
colorectal cancer, breast cancer, ovarian cancer, and
muscle-invasive bladder cancer, as well as for immunotherapy
monitoring of any solid tumor. Signatera has been clinically
validated across multiple cancer types and indications, with
published evidence in more than 100 peer-reviewed papers.
About Natera
Natera™ is a global leader in cell-free DNA and genetic testing,
dedicated to oncology, women’s health, and organ health. We aim to
make personalized genetic testing and diagnostics part of the
standard of care to protect health and inform earlier, more
targeted interventions that help lead to longer, healthier lives.
Natera’s tests are validated by more than 250 peer-reviewed
publications that demonstrate high accuracy. Natera operates ISO
13485-certified and CAP-accredited laboratories certified under the
Clinical Laboratory Improvement Amendments (CLIA) in Austin, Texas,
and San Carlos, California. For more information, visit
www.natera.com.
Forward-Looking Statements
All statements other than statements of historical facts
contained in this press release are forward-looking statements and
are not a representation that Natera’s plans, estimates, or
expectations will be achieved. These forward-looking statements
represent Natera’s expectations as of the date of this press
release, and Natera disclaims any obligation to update the
forward-looking statements. These forward-looking statements are
subject to known and unknown risks and uncertainties that may cause
actual results to differ materially, including with respect to
whether the results of clinical or other studies will support the
use of our product offerings, the impact of results of such
studies, our expectations of the reliability, accuracy, and
performance of our tests, or of the benefits of our tests and
product offerings to patients, providers, and payers. Additional
risks and uncertainties are discussed in greater detail in "Risk
Factors" in Natera’s recent filings on Forms 10-K and 10-Q, and in
other filings Natera makes with the SEC from time to time. These
documents are available at www.natera.com/investors and
www.sec.gov.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241125988408/en/
Investor Relations: Mike Brophy, CFO, Natera, Inc.,
510-826-2350, investor@natera.com
Media: Lesley Bogdanow, VP of Corporate Communications, Natera,
Inc., pr@natera.com
Natera (NASDAQ:NTRA)
Historical Stock Chart
From Oct 2024 to Nov 2024
Natera (NASDAQ:NTRA)
Historical Stock Chart
From Nov 2023 to Nov 2024