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News Breaks
April 4, 2014
08:48 EDTFMIFoundation Medicine data to have positive effect on reimbursement, says Wedbush
After clinical data on gene fusion detection indicated that such detection led to clinical action in about 15% of patients, Wedbush thinks the 15% level will be more than enough for large payors to recognize the importance of deep tumor profiling in some patients. The firm thinks the recent increase in reimbursement rates for BRCA pricing is positive for long-term FoundationOne reimbursement. Wedbush keeps a $50 price target and Outperform rating on Foundation Medicine.
News For FMI From The Last 14 Days
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January 16, 2015
16:36 EDTFMIMarket finishes week lower on continued oil, global growth worries
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10:01 EDTFMIOn The Fly: Analyst Downgrade Summary
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05:51 EDTFMIFoundation Medicine downgraded to Market Perform from Outperform at Leerink
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January 13, 2015
07:51 EDTFMIRoche deal positive, says Bernstein
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