Pacific Edge Limited

ASX:PEB

Pacific Edge Limited

ASX:PEB
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$0.105 (+5%)
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#259
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1
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Scoonie
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Last edited 2 months ago
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#Cancer Scare
Scoonie
Added 2 months ago
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Yesterday PEB, the NZ headquartered and ASX listed company announced:

“Cancer diagnostics company Pacific Edge (NZX, ASX: PEB) today notes that Novitas, the Medicare Administrative Contractor with jurisdiction for our US laboratory, on Thursday 9 January 2025 finalized a non-coverage determination that would end reimbursement for Cxbladder Triage, Detect and Monitor by Medicare”.

With the already sick PEB share price approaching stage IV terminal, on yesterdays news PEB dropped a further 60%.  Looks like PEB joins RHY (bowel cancer diagnosis), BDX (breast cancer diagnosis) and PIQ (Diabetic Kidney disease and endometriosis) as a full blown ASX Cancer Cluster. 

Sadly for everyone, no cure in sight.