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Pacific Edge indicates no further capital raise needed

The cancer diagnostic company says it has enough cash reserves to last four years if it loses Medicare coverage.

Pacific Edge is investing in more studies to provide clinical utility.

Cancer diagnostic company Pacific Edge says it expects to manage cash reserves, in the event of an adverse Medicare coverage decision, until it regains coverage – a process that could take four years.

Earlier this month, Novitas, the Medicare Administrative Contractor (MAC) that reimburses Pacific

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Fiona Rotherham Thu, 27 Jul 2023
Contact the Writer: fiona@nbr.co.nz
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Pacific Edge indicates no further capital raise needed
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