Lucid Diagnostics

Lucid Diagnostics, Inc. develops medical testing devices. It is a commercial-stage medical diagnostics technology company which focuses on gastroesophageal reflux disease (GERD), acid reflux or simply reflux, who are at risk of developing esophageal precancer and cancer, specifically lethal esophageal adenocarcinoma (EAC). The firm's products include EsoCheck is a cell collection device that is designed to collect cells of a targeted region of the esophagus without the need for endoscopy and EsoGuard is a laboratory developed test which analyzes methylated biomarkers. The company was founded on May 8, 2018 and is headquartered in New York, NY.

Earnings data Q3 2021

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Earnings data Q4 2024

Lucid Diagnostics excels in Q4, eyes growth through precancer detection

Lucid Diagnostics (LUCD) demonstrated robust performance in Q4 2022, focusing on growth, financial stability, and strategic initiatives for precancer detection.
The company's strengths lie in strong revenue potential, innovative testing models, and a proactive approach to securing payer coverage and expanding its market reach.
While facing challenges in cash management and sales team tenure, Lucid Diagnostics has opportunities to drive growth through geographic expansion, high-risk group engagement, and data-driven payer strategies.

Lucid Diagnostics reports robust Q1 performance and growth opportunities

Lucid Diagnostics showed strong performance with increased tests and financial security in Q1 2023.
The company's focus on early precancer detection and large target market are key strengths.
Challenges include improving payment collections and securing in-network contracts.
Opportunities lie in expanding outreach efforts and engaging with payers for coverage.

Lucid Diagnostics reports robust Q2 performance and eyes sustained growth

Lucid Diagnostics delivered a strong Q2 performance with notable revenue growth and operational improvements.
While facing challenges in revenue recognition and payer engagement, the company's focus on clinical utility studies and high-volume events presents growth opportunities.
With a solid financial position and a strategic approach to market access, Lucid is poised for sustained growth and increased market penetration.

Lucid Diagnostics (LUCD) reports stellar Q3 growth and eyes market expansion

Lucid Diagnostics (LUCD) demonstrated strong performance in Q3 2023, marked by substantial revenue and test volume growth. The company's strategic initiatives, financial stability, and focus on market access position it for continued success. While challenges in managing expenses persist, Lucid's opportunities for expansion and engagement with key stakeholders pave the way for future growth and profitability.

Lucid Diagnostics reports stellar Q4 results and eyes market expansion

Lucid Diagnostics (LUCD) showcased robust financial performance and strategic initiatives in Q4 2023, driving revenue growth and market expansion.
While facing challenges such as significant operating expenses and uncertainties in reimbursement processes, Lucid is well-positioned to capitalize on opportunities for revenue realization and market access.
With a focus on clinical validity, engagement with payers, and exclusive product rights, Lucid demonstrates a strong competitive advantage and potential for sustained growth in the diagnostic market.

Lucid Diagnostics excels in Q1 2024, poised for market expansion

Lucid Diagnostics delivered strong financial performance in Q1 2024, showcasing revenue growth, robust margins, and a strengthened balance sheet.
The company's focus on market access strategies, innovative diagnostics, and revenue cycle improvements positions them for future success.
While facing challenges such as pending adjudications and international expansion limitations, Lucid is well-positioned to capitalize on opportunities in healthcare partnerships and market awareness.
Overall, Lucid's commitment to driving commercial potential and enhancing cancer detection technologies underpins their growth trajectory and shareholder value creation.

Lucid Diagnostics reports robust revenue growth and navigates reimbursement challenges

Lucid Diagnostics demonstrated strong revenue growth momentum driven by record test volumes and positive clinical data.
While facing reimbursement challenges, the company's proactive approach to market access and partnerships positions them for future success.
Maintaining a healthy cash position and focusing on operational efficiency are key strengths that support Lucid's growth trajectory.

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Lucid Diagnostics, Inc. is a commercial-stage medical diagnostics technology company. It focuses on patients with gastroesophageal reflux disease also known as chronic heartburn, acid reflux, or simply reflux, who are at risk of developing esophageal precancer and cancer, specifically highly lethal esophageal adenocarcinoma. The company was founded by Lishan Aklog on May 8, 2018 and is headquartered in New York, NY.

NEW YORK--(BUSINESS WIRE)---- $LUCD #checkyourfoodtube--Lucid Diagnostics Inc. announced its subsidiary, LucidDx Labs Inc., launched four new Lucid Test Centers in California, Texas Florida and Ohio.

Lucid Diagnostics Launches Stage II Lucid Test Center Expansion in California, Texas, Florida, and Ohio

NEW YORK--(BUSINESS WIRE)---- $LUCD #ACG--Newly published AGA update supports esophageal precancer screening to prevent esophageal cancer using EsoGuard on samples collected with its EsoCheck.

Newly Published American Gastroenterological Association Clinical Practice Update Supports Esophageal Precancer Screening Using Lucid Diagnostics' EsoGuard® and EsoCheck® Technologies

PAVmed

NEW YORK--(BUSINESS WIRE)---- $LUCD #checkyourfoodtube--Lucid Diagnostics Inc. (Nasdaq: LUCD) (“Lucid”, the “Company”) a commercial-stage, cancer prevention medical diagnostics company, and majority-owned subsidiary of PAVmed Inc. (Nasdaq: PAVM, PAVMZ) (“PAVmed”), today announced that its wholly-owned CLIA-certified and CAP-accredited laboratory, LucidDx Labs Inc. (“LucidDx Labs”), has entered into participating provider agreements with preferred provider organizations Prime Healthcare, Three Rivers Provider Network, and G

Lucid Diagnostics' Laboratory Executes Four New Participating Provider Agreements

NEW YORK--(BUSINESS WIRE)---- $LUCD #businessupdate--Lucid Diagnostics Inc. announced that the Company will host a business update conference call on Monday, August 15, 2022, at 4:30 PM EDT.

Lucid Diagnostics to Hold a Business Update Conference Call on August 15, 2022

NEW YORK--(BUSINESS WIRE)---- $LUCD #AfricanAmerican--PAVmed's Chairman & CEO Lishan Aklog, M.D. was selected as one of the Most Influential Black Executives in Corporate America in 2022 by Savoy Magazine

PAVmed Chairman & CEO Lishan Aklog, M.D. Named to Savoy's 2022 Most Influential Black Executives in Corporate America

NEW YORK--(BUSINESS WIRE)---- $LUCD #LUCD--Lucid Diagnostics to Participate in the Canaccord 42nd Annual Growth Conference and the 7th Annual Needham Med Tech & Diagnostics 1x1 Conference

Lucid Diagnostics to Participate in the Canaccord 42nd Annual Growth Conference and the 7th Annual Needham Med Tech & Diagnostics 1x1 Conference

NEW YORK--(BUSINESS WIRE)---- $LUCD #Biotech--PAVmed and Lucid Diagnostics Chairman & CEO Lishan Aklog, M.D. named Top 50 Healthcare Technology CEO.

PAVmed and Lucid Diagnostics Chairman & CEO Lishan Aklog, M.D. Named Top 50 Healthcare Technology CEO

Lucid Diagnostics Inc. (NASDAQ:LUCD ) Q1 2022 Earnings Conference Call May 11, 2022 4:30 PM ET Company Participants Adrian Miller – Vice President-Investor Relations Lishan Aklog – Chairman and Chief Executive Officer Dennis McGrath – Chief Financial Officer Conference Call Participants Ross Osborn – Cantor Fitzgerald Ed Woo – Ascendiant Capital Kyle Mikson – Canaccord Operator Greetings, welcome to the Lucid Diagnostics Business Update Conference Call. At this time, all participants are in a listen-only mode.

Lucid Diagnostics' (LUCD) CEO Lishan Aklog on Q1 2022 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)---- $LUCD #businessupdate--Lucid Diagnostics provides business update and preliminary first quarter 2022 financial results.

Lucid Diagnostics Provides Business Update and Preliminary First Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)---- $LUCD #EAC--Lucid's first commercial payer agreement provides in-network access and payment for its EsoGuard® DNA test to over 8 million covered lives.

Lucid Diagnostics' Laboratory Executes Participating Provider Agreement with MediNcrease Health Plans

Veeva Systems

Vault CDMS to manage clinical data for trial involving Barrett's esophagus and esophageal adenocarcinoma patients PLEASANTON, Calif., May 4, 2022 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that Lucid Diagnostics Inc. (Nasdaq: LUCD), a commercial-stage, cancer prevention medical diagnostics company, and majority-owned subsidiary of PAVmed Inc. (Nasdaq: PAVM, PAVMZ), has selected Veeva Vault CDMS to provide electronic data capture (EDC), coding, and data cleaning in their upcoming study for EsoGuard in patients undergoing standard of care screening for, and management of, Barrett's esophagus or esophageal adenocarcinoma.

Lucid Diagnostics Selects Veeva Vault CDMS for EsoGuard® Study

NEW YORK--(BUSINESS WIRE)---- $LUCD #businessupdate--Lucid Diagnostics to hold a Business Update Conference Call on May 11, 2022.

Lucid Diagnostics to Hold a Business Update Conference Call on May 11, 2022

NEW YORK--(BUSINESS WIRE)---- $LUCD #EsoCheck--Lucid Diagnostics provides updates on newly published esophageal precancer clinical guideline and proposed Medicare Local Coverage Determination.

Lucid Diagnostics Provides Updates on Newly Published Esophageal Precancer Clinical Guideline and Proposed Medicare Local Coverage Determination

NEW YORK--(BUSINESS WIRE)---- $LUCD #Conference--Dr. Lishan Aklog, Chairman and CEO of Lucid Diagnostics, will participate in a Fireside chat at the 21st Annual Needham Virtual Healthcare Conference.

Lucid Diagnostics to Participate in the Needham 21st Annual Healthcare Conference

Lucid Group

Lucid Diagnostics Inc. (LUCD) CEO Lishan Aklog on Q4 2021 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)---- $LUCD #earnings--Lucid Diagnostics provides business update and preliminary fourth quarter and full year 2021 financial results.

Lucid Diagnostics Provides Business Update and Preliminary Fourth Quarter and Full Year 2021 Financial Results

NEW YORK--(BUSINESS WIRE)---- $LUCD #DoD--PAVmed subsidiary Lucid Diagnostics announces launch of VA EsoGuard® study.

PAVmed Subsidiary Lucid Diagnostics Announces Launch of VA EsoGuard® Study

NEW YORK--(BUSINESS WIRE)---- $LUCD #Boise--PAVmed subsidiary Lucid Diagnostics launches next phase of Lucid Test Centers in Seattle, Washington, Portland, Oregon, and Boise, Idaho.

PAVmed Subsidiary Lucid Diagnostics Launches Next Phase of Lucid Test Centers

NEW YORK--(BUSINESS WIRE)---- $LUCD #Diagnostics--Lucid Diagnostics to hold a business update conference call on March 28, 2022.

Lucid Diagnostics to Hold a Business Update Conference Call on March 28, 2022

NEW YORK--(BUSINESS WIRE)---- $LUCD #CEO--Lucid Diagnostics to participate in the LSI USA '22 Emerging Medtech Summit.

Lucid Diagnostics to Participate in the LSI USA '22 Emerging Medtech Summit

NEW YORK--(BUSINESS WIRE)---- $LUCD #Diagnostics--PAVmed subsidiary Lucid Diagnostics launches LucidDx Labs to accommodate EsoGuard testing growth.

PAVmed Subsidiary Lucid Diagnostics Launches LucidDx Labs to Accommodate EsoGuard Testing Growth

NEW YORK--(BUSINESS WIRE)---- $LUCD #COO--PAVmed appoints Shaun O'Neil as Chief Operating Officer, overseeing corporate operations and commercial activities across PAVmed and its subsidiaries.

PAVmed Appoints Shaun O'Neil as Chief Operating Officer

NEW YORK--(BUSINESS WIRE)---- $LUCD #BOD--PAVmed appoints prominent healthcare services industry leader and president of Care Solutions for Evernorth, Joan Harvey, to its Board of Directors.

Evernorth Executive and Healthcare Services Industry Leader Joan Harvey Named to PAVmed Board of Directors

NEW YORK--(BUSINESS WIRE)---- $LUCD--Lucid Diagnostics to participate in a Fireside Chat at the BTIG MedTech Digital Health, Life Science, and Diagnostics Tools Conference.

Lucid Diagnostics to Participate in a Fireside Chat at the BTIG MedTech Digital Health, Life Science, and Diagnostics Tools Conference

NEW YORK--(BUSINESS WIRE)---- $LUCD--PAVmed and Lucid Diagnostics welcome new full-time investor relations team.

News for Lucid Diagnostics Stock (LUCD)