Interpace Biosciences Inc (IDXG) Share Price

$IDXG Interpace

if this was nvda it would be UP 500% in pre market

https://ir.interpace.com/press-releases/detail/231/interpace-biosciences-announces-preliminary-full-year-and

Awesome…

$IDXG - Up 11% Pre-Market/ Current Price $2.05
Releases Preliminary Record Second Quarter 2023 Business Results; Updates Status of PancraGEN® Reimbursement

why the big drop today

She’s a beauty

Latest financials are actually pretty darn good

000

$IDXG UMMMM WOW???? am I looking at a adj EBITDA of a PROFIT. OK rev's down tiny bit because of Medicare adj BUT THE REST IS WOW

https://ir.interpace.com/press-releases/detail/225/interpace-biosciences-announces-full-year-and-fourth

IDXG delisted from the Nasdaq to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

JUST IN: $IDXG Interpace Biosciences Announces Results of Seminal Clinical Validation Study for Thyroid Assays

Study Demonstrates Superior Performance of ThyGeNEXT ® and ThyraMIR ® vs. Other Molecular Tests PARSIPPANY, NJ, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. (NASDAQ: IDXG) announced today that the study entitled “Multipla...

Got this from IDXG - Interpace Biosciences Announces Results of Seminal Clinical Validation Study for Thyroid Assays

* * $IDXG Video Chart 10-14-2020 * *

Link to Video - click here to watch the technical chart video

Nice intraday move

JUST IN: $IDXG 5 Top Biotech Penny Stocks To Watch Right Now

Are These Biotech Penny Stocks On Your October Watch List? One of the hottest sectors this year is biotechnology and penny stocks are a big part of that. The fact that more than 9 months of this year have been focused on the space is unfounded. In fact, I don’t remember o...

In case you are interested IDXG - 5 Top Biotech Penny Stocks To Watch Right Now

NEWS: $IDXG Interpace Biosciences' Audit Committee Investigation Finds Complaints Unsubstantiated

PARSIPPANY, NJ, Oct. 14, 2020 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. (“Interpace” or the “Company”) (Nasdaq: IDXG) announced today that the Audit Committee of the Board of Directors has completed an independent investigation into complaints of certain em...

In case you are interested IDXG - Interpace Biosciences' Audit Committee Investigation Finds Complaints Unsubstantiated

nice pop this AM

Guessing this thing has about bottomed out. I'll be watching closely but it seems like the current price *upper 2s) is the bottom. Any thoughts?

News: $IDXG Interpace Announces Acceptance of Seminal Clinical Validation Study for Thyroid Assays

 Podium Presentation Accepted for the American Society of Cytopathology (ASC) Annual Meeting PARSIPPANY, NJ, July 21, 2020 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. (NASDAQ: IDXG) announced today that a peer-reviewed manuscript describing results from a seminal clinical va...

In case you are interested IDXG - Interpace Announces Acceptance of Seminal Clinical Validation Study for Thyroid Assays

Most of the junk stocks have crossed there 52 highs not sure why is this not moving up?? Imo

And thos pos keeps going down and down imo junk

Low float moves big each way but I think the big move is to come

some people got some cheapies today very nice

Somebody missed you call

At this point you have to average down and wait or just wait for news.

Yes still waiting for that, but not looking good though imo

Wouldn't be surprised at all to see those numbers

IDXG is going to be the runner this week. The company has kept the Covid testing hush for sometime now because as the CEO stated in the conference call, "it was a moral thing to do, not a business decision to not announce a press release" to an analyst. But in the quarterly report it has been stated numerous times, that they have started Covid testing shipments, they are also moving into larger facility, I bet that is the ace up the sleeve, with this company. Once the official announcement from the company, IDXG could potentially hit 20-30 dollars in two days, and the market cap will not even be remotely close to COD*X. Even without news we could hit 10-12 dollars on Monday and after news, 20-30 dollars is on deck.

Great post, you make some great points. I'm digging into this company and as far as I can tell, I feel Real good about this company. I have a feeling i'll be parked here a while . $$$

Average volume just under 200,000 shares per day, on Thursday we had close to 6 million shares exchanged hands, something tells me, there has to be something brewing behind the scenes. Here look at the market cap on CO*DX and look at our. That is huge remarkable difference, that alone with one significant news will push this stock to the stratosphere. Comparing the market cap of IDXG and COD*X and if IDXG can reach half the market valuation of COD*X, we could be looking at a stock between 50-70 dollars, but that is only half valuation, but given the fact that IDXG has better fundamentals than CO*DX does, I would not doubt IDXG reach 50-70 dollars in a matter of few weeks. I believe IDXG is gearing up for massive move after further researching, I loaded on Thursday and I will be buying on Monday again. This could be the next triple digit molecular/diagnostic ticker waking up from Monday on. Strap your seat belts because this is going fly real soon.


https://finance.yahoo.com/quote/CODX?p=CODX&.tsrc=fin-srch&guccounter=1&guce_referrer=aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9xdW90ZS9JRFhHP3A9SURYRw&guce_referrer_sig=AQAAAMgOA2FJ0ArherQ-t36yiq9oAf-eILUO8iXDJjIhrCubqcLSbnfNJFJKpi3rA0khRzBoyd9_AeW9ZAJGZsv2f1g9OUbIeTYd3tsv9y_EHNyAzBGod4x9Wu_X5jQT0FzRMcE7KFQSz7g30sOQxNknQ9TeVRAptIHWR-bBPWvTtbFU

https://finance.yahoo.com/quote/IDXG?p=IDXG

Yes looks like IDXG has an ace up its sleeve, will the news be Monday or sometime next week. That volume came out of nowhere. I think the insiders loaded up and it got on the scanners. Once that news major contract win, this could bolster to 15 dollars first stop, one of the main reasons why I said that because it is severely undervalued compared to CO*DX. If IDXG runs parallel to COD*X as far as market cap is concerned, it means the stock price needs to rise to at least 50 bare minimum without dilution.

I like that fact that this keeps under the radar before the groups get here.

On the quarterly report the company started their covid testing already since May of this year, I think we are due for some news soon.

I agree. Very looking forward to next week

Definitely a hold through next week. I timed her perfect

This could short term to $30 dollars with news.


https://seekingalpha.com/article/4317076-underappreciated-drivers-bargain-valuation-and-cash-infusion-set-interpace-up-for-substantial

Awesome, one news about their COVID testing, this will fly over 15 dollars.

* * $IDXG Video Chart 07-02-2020 * *

Link to Video - click here to watch the technical chart video

Thanks I forgot market closed tomorrow

Welcome aboard!!!

I am in holding IDXG over the weekend ::))

IDXG is going to run next week, opens at 10 runs to 15 dollars easy.

IDXG is going to pop next week.

IDXG is gearing up for a run next. Could be the next CO*DX.

And up it is good call bud imo

Going to go parabolic soon enough

IDXG Covid test kit webpage... no PR yet

https://coviant.com/

Interpace Biosciences Announces First Quarter 2020 Financial and Business Results https://seekingalpha.com

yesterday 10.79 on news today 5.81 gotta love it

the poor folks that bought twice the price


-50%


now thats a bad haircut

Sneaky COVID news in their release. Nice move up coming here. Read the highlighted below

IDXG 7.75 April 22 2020 - 04:05PM
GlobeNewswire Inc. Print

Interpace Biosciences, Inc. (Nasdaq: IDXG) today announced financial results for the fiscal year ended December 31, 2019 and provided a business and financial update.
“Fiscal 2019 was a transformational year for us as we acquired the Biopharma business of Cancer Genetics in July and raised over $47 million from sophisticated laboratory private equity investors in 2019 and early 2020. We believe that the combination of our clinical services and acquired pharma services uniquely positions us for growth and expansion in the fast-growing biopharma sector where we can provide our unique diagnostic capabilities to a broad customer base.” said CEO Jack Stover. “We believe that our accomplishments this year have supported our aggressive growth plans and also de-risked our business during these uncertain times,” added Mr. Stover.

2019 Business and Financial Highlights

Acquired the BioPharma business of Cancer Genetics (CGI) in July 2019, which contributed $6.7 million in net revenue in 2019.
Net Revenue was $24.1 million for fiscal 2019, a 10% increase over fiscal 2018 Net Revenue of $21.9 million. Net Revenue included approximately $8.7 million reserve in accounts receivable, $3.5 million related to 2018 billings and $5.2 million related to 2019 billings.
The $5.2 million reserve related to 2019 billings was recorded as a reduction of Net Revenue to reflect collectability concerns of the 2019 year-end receivables. Collections of these, reserved for 2019 billings in 2020, if any, will be recorded in Net Revenue at that time.
Gross profit for fiscal 2019 year was 34% as compared to 53% in fiscal 2018. Fiscal 2019 margins were negatively impacted by the carve out and transition of the pharma solutions business from CGI and the $5.2 million reserve.
Raised over $47 million of long-term capital from sophisticated laboratory private equity investors through January 2020 which will be included in total stockholders’ equity beginning in the first quarter of 2020.
Fourth Quarter 2019 Financial Highlights

Net Revenue for the fourth quarter of 2019 was $4.1 million, a reduction of 30% from the prior year fourth quarter. 2019 fourth quarter revenue included a $5.2 million reserve against prior quarters’ outstanding receivables which reduced Net Revenue for the quarter accordingly.
Year-end December 31, 2019 cash position of approximately $2.3 million and a total of $3.1 million of cash and availability.
First Quarter 2020 Preliminary Financial Highlights

Expect first quarter Net Revenue in the range of $8.8 million to $9.3 million.
Quarter-end March 31, 2020 cash position of approximately $14.5 million and a total of $16.8 million of cash and availability.
As of April 21, 2020, total cash and availability of approximately $18.4 million.
Cancer is relentless and we are committed to delivering critical answers to patients, even in the face of unprecedented challenges such as COVID-19. We believe we have taken all necessary precautions to safeguard our employees from the COVID-19 pandemic. Our labs are operational and all non-essential employees are on a work-from-home arrangement. However, there can be no assurance that key employees will not become ill or that we will be able to continue to operate our labs. We will continue to take all necessary actions to support our customers’ requirements and preserve the financial health of Interpace.

“The leadership team acted quickly to minimize business disruption and reduced spending in areas not critical to patient care to ensure we have the financial flexibility to meet patient needs. Further, we took immediate action to reduce lab and overhead support costs to match our physical needs. Actions include elimination of non-essential discretionary spending, temporary furlough of employees where activities were reduced, a hiring freeze, deferral of incentive bonuses anticipated to be paid in 2020 and a 10 to 15 percent reduction in base pay of all salaried employees including all members of our leadership team,” stated Jack Stover.

In response to customer interest we have acquired and installed processing equipment to perform serology antibody ELISA testing for COVID-19 at our CLIA lab in Pittsburgh, PA. We are in the process of validating processes while acquiring acceptable kits and reference samples and expect to be able to offer this testing to customers in the next several weeks.

“First quarter 2020 Net Revenue is expected to be in the range of $8.8 million to $9.3 million as compared to $6.0 million reported in the first quarter of 2019. In spite of our test volumes dropping throughout March 2020 due to the coronavirus pandemic, diagnostic average daily test volume increased approximately 25% and pharma services average daily testing volume increased approximately 64% when compared to the first quarter of 2019. However, March 2020 diagnostic average daily test volume declined approximately 27% from February 2020 and declined a further 56% for the period of April 1 through April 20, 2020. Alternatively, Pharma services revenue improved throughout the quarter and leading indicators, bookings and backlog point to a strong back half of 2020. However, we have seen a softening of demand in the near term as a result of our global footprint and testing activity through April 20, 2020 was down 19% relative to March.,” stated Fred Knechtel CFO Interpace.

Jack Stover added, “As we look at the remainder of 2020, in this uncertain time, I am very excited about our prospects:

We are an essential medical services business and therefore expect to remain open and able to serve our customers who handle critical cancer-related patient care and develop life-saving treatments;
We recently recognized a significant retroactive price increase in 2020 from Medicare for ThyraMIR® and we have been notified of a prospective price increase for ThyGeNEXT®;
We anticipate publishing a seminal paper on the clinical validity of the combination of ThyGeNEXT®/ThyraMIR®, our largest commercial products;
We have demonstrated our ability to reduce operating costs consistent with volume changes while continuing to integrate the Biopharma business we recently acquired;
Through March our pharma services sales pipeline reached record levels providing us confidence in our ability to ramp up this business as our customers reengage or expand clinical trials;
We have and will continue to add more contracted reimbursement coverage with private insurers, helping to support more timely and accurate payment of our tests;
We have made significant progress in streamlining and improving our billing processes to allow us to collect cash on a more timely and consistent basis.
Recent Clinical and Reimbursement Highlights

We continue to generate and publish clinical evidence related to our key products, including ThyGeNEXT® and ThyraMIR® and PancraGEN® as well as our pipeline product, BarreGEN®. Below is a summary of the most important publications and presentations announced since the beginning of 2019:

Clinical Performance and Evidence

Acceptance of first paper demonstrating clinical performance of ThyGeNEXT® and ThyraMIR® ;
Publication of new data on Thyroid test utility, peer reviewed journal article and one textbook on clinical utility of ThyGeNEXT®;
Presentation of data on Thyroid performance at ATA in 3 separate posters;
Presentation at ACOG on PancraGEN®;
Announced data from our thyroid registry published in Diagnostic Cytology; and First independent publication of clinical utility of BarreGEN®.
Clinical Reimbursement Expansion

Reimbursement for our clinical diagnostics tests are the lifeblood of our business and critical to our ability to serve our diverse customer base. Below are our most important reimbursement accomplishments since the beginning of 2019:

Contract with Blue Cross/Blue Shield of Massachusetts for more than 2 million of their members;
Improvement for ThyraMIR’s® Medicare reimbursement from $1800 to $3000, retroactive to January 1, 2020;
New draft Medicare LCD for ThyGeNEXT® indicating a reimbursement increase of approximately $2400;
Contract with Blue Cross/Blue Shield of Michigan for ThyGeNEXT® and ThyraMIR® for their 6 million members;
Contract with Blue Cross/Blue Shield of California for ThyGeNEXT® and ThyraMIR® for their 4 million members;
Contract with 3 independent Blue Cross and Blue Shield plans for ThyGeNEXT® and ThyraMIR® in Alabama, Arkansas and Arizona that combine to serve 5 million members;
New agreement with Select Health for coverage of their 850,000 members;
New agreement with Independence Blue Cross for coverage of their 2.5 million members;
New coverage of our thyroid assays by Medica serving their 1.3 million members; and
Agreement with the University of Maryland Medical System serving its approximately 25,000 employees.
Other Business Announcements

Expanded our collaboration agreement with LabCorp® (NYSE: LH) to co-market our thyroid tests for an additional two years, through January 2022;
Announced strategic partnership with Genecast Biotechnology Co, Ltd. to support our global pharmaceutical and biotechnology clients with their testing needs in the Chinese market;
Entered into a research agreement with Predictive Oncology to evaluate enhancing diagnosis of thyroid cancer via AI driven analyses;
Our PA and CT labs received College of American Pathology (CAP) accreditation; and
Finalized validation of FFPE samples of ThyraMIR® and subsequently announced approval to launch ThyraMIR® on FFPE fixation in New York State.
Addition of Chairman of the Board, Robert Gorman

We are pleased to welcome Bob Gorman as our new Chairman of the Board. Bob has a tremendous amount of experience in helping to build successful laboratories and companies in our industry, having served in leadership roles with companies such as Quest Diagnostics and Eurofins Scientific Group. We look forward to Bob’s active involvement.

2020 Net Revenue Guidance

As a result of the uncertainty and potential impact of the coronavirus pandemic, we believe it is prudent to withdraw our previously announced annual revenue guidance for 2020.

CONFERENCE CALL INFORMATION

Interpace will hold a conference call and Webcast on Wednesday April 22, 2020, at 5:00 pm ET. Details are as follow:

Date and Time: Wednesday April 22, 2020 at 5:00 pm ET
Dial-in Number (Domestic): +1 (877) 407-9716
Dial-in Number (International): +1 (201) 493-6779
Confirmation Number: 13702580

Webcast Access: public.viavid.com/index.php?id=139379
The webcast replay will be available on the Company’s website approximately two hours following completion of the call and archived on the Company’s website for 90 days.

About Interpace Biosciences

Interpace Biosciences is a leader in enabling personalized medicine, offering specialized services along the therapeutic value chain from early diagnosis and prognostic planning to targeted therapeutic applications.

Clinical services, through Interpace Diagnostics, provides clinically useful molecular diagnostic tests, bioinformatics and pathology services for evaluating risk of cancer by leveraging the latest technology in personalized medicine for improved patient diagnosis and management. Interpace has four commercialized molecular tests and one test in a clinical evaluation process (CEP): PancraGEN® for the diagnosis and prognosis of pancreatic cancer from pancreatic cysts; ThyGeNEXT® for the diagnosis of thyroid cancer from thyroid nodules utilizing a next generation sequencing assay; ThyraMIR® for the diagnosis of thyroid cancer from thyroid nodules utilizing a proprietary gene expression assay; and RespriDX® that differentiates lung cancer of primary vs. metastatic origin. In addition, BarreGEN® for Barrett’s Esophagus, is currently in a clinical evaluation program whereby we gather information from physicians using BarreGEN® to assist us in positioning the product for full launch, partnering and potentially supporting reimbursement with payers.

Pharma services, through Interpace Pharma Solutions, provides pharmacogenomics testing, genotyping, biorepository and other customized services to the pharmaceutical and biotech industries. Pharma services also advance personalized medicine by partnering with pharmaceutical, academic, and technology leaders to effectively integrate pharmacogenomics into their drug development and clinical trial programs with the goals of delivering safer, more effective drugs to market more quickly, and improving patient care.

For more information, please visit Interpace Biosciences’ website at www.interpace.com.

Guggenheim on fence with Amgen in premarket analyst action https://seekingalpha.com/news/3560770-guggenheim-on-fence-amgen-in-premarket-analyst-action

Anybody here?