1. FDA approves Thermo Fisher's Oncomine™ Dx Express Test for tumor profiling. 2. The test enhances decentralized clinical settings with next-gen sequencing capabilities.
This approval may boost Thermo Fisher's revenue from diagnostic tests, similar to past FDA approvals that resulted in significant stock rallies for similar companies, like Illumina post-Gene sequencing approvals.
The approval indicates increased market potential and confidence in Thermo Fisher's products, aligning with growth trends in personalized medicine and diagnostics.
Immediate sales growth expected from the launched test, as new FDA approvals typically lead to quick market adoption and increased demand.