Pacific Edge in trading halt, crucial decision ‘not good news’
Analysts label unfavourable Medicare decision very material for diagnostics company.
Dual-listed cancer diagnostics company Pacific Edge has gone into a trading halt this morning, with Jarden and Forsyth Barr both publishing research notes saying that Novitas had decided the company’s Cxbladder tests will not be covered by US national health insurance provider Medicare.
Jarden’s
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