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Positive MRD validation can expand ABT's diagnostics addressable market and long-term revenue, though near-term upside may be tempered by FDA status and reliance on further clinical adoption; precedent exists where strong MRD data supported stock upside in diagnostics peers.
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Abbott unveiled Beta-CORRECT data at ESMO showing the WGS-based Oncodetect MRD test improves colorectal cancer recurrence detection after surgery, outperforming WES with 72.2% sensitivity versus 42.2%. The study of 279 patients ties post-surgical ctDNA to a 10.6-fold higher recurrence risk and notable two-year survival differences, underscoring potential long-term adoption within Abbott's cancer diagnostics portfolio.
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