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CareDx Announces Proposed Draft LCD That Affirms Surveillance Testing Coverage for Solid Organ Transplant Rejection

1. CareDx announced a draft LCD for molecular testing regarding organ rejection. 2. Current coverage remains unchanged; feedback on the draft is being solicited.

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Why Neutral?

The announcement of the draft LCD does not imply a positive or negative change in market conditions for CDNA, as existing coverage remains unchanged. Historically, similar announcements had mixed impacts on stock prices depending on subsequent coverage decisions.

How important is it?

The draft LCD is relevant but lacks an immediate financial or operational impact essential for influencing CDNA's stock price.

Why No Impact?

The draft LCD is open for discussions but does not immediately affect current revenues or operations for CDNA.

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BRISBANE, Calif.--(BUSINESS WIRE)--CareDx, Inc. (Nasdaq: CDNA) – The Transplant Company™ – a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers – announced the release of a proposed draft Local Coverage Determination (LCD) related to molecular testing for solid organ allograft rejection. There is no change in current coverage and the draft LCD is open.

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