Question · Q3 2025
David Westerberg inquired about NeoGenomics' confidence in its full-year guidance, the potential for PanTracer LBx to contribute revenue in the current year, and the expected timing and magnitude of MRD reimbursement and commercial launch efforts for 2026, including breast cancer expansion.
Answer
CFO Jeff Sherman affirmed confidence in guidance, stating PanTracer LBx approval wasn't needed for the current year's targets. CEO Tony Zook outlined 2026 growth drivers, including continued strong clinical performance, NGS growth, PanTracer LBx uptake (with revenue building in H2 2026 post-reimbursement), sales force expansion benefits, and RaDaR ST's pharma launch (slow build in 2026, revenue in H2 2026) and Q1 2026 clinical launch. He also mentioned Pathline and RCM initiatives. Tony Zook noted the sales force is appropriately sized for current indications but may expand in H2 2026 for new indications.