GeneDx Holdings Corp. is a patient centered health intelligence company. It engages in transforming healthcare by applying AI and machine learning to multidimensional, longitudinal clinical and genomic data to build dynamic models of human health and defining optimal, individualized health trajectories. The firm, through its Centrellis health intelligence platform, generates a more complete understanding of disease and wellness and provides science-driven solutions to the most pressing medical needs. The company was founded by Eric Schadt in October 2015 and is headquartered in Stamford, CT.

GeneDx Holdings Corp.

GeneDx is focused on delivering personalized, actionable insights that improve health outcomes. We sit at the intersection of diagnostics and data science, pairing decades of genomic expertise with an unmatched ability to interpret clinical data at scale.

Our exome and genome testing is among the best in the industry. We expect that it will be even more advanced in the future with the help of Centrellis®, our innovative health information platform. Powered by millions of medical records, Centrellis® integrates digital tools with artificial intelligence to ingest and synthesize clinical and genomic data.

As a result of our robust test menu, including our exome and genome testing, and the comprehensive insights generated by Centrellis®, we are developing a more complete understanding of complex disease than ever before. This translates to faster diagnosis, more effective treatment plans, and enhanced drug discovery.

Our offerings help a whole spectrum of healthcare partners -- clinicians, researchers, health systems, pharmaceutical companies, and payors -- improve patient experiences and advance population health.

GeneDx

Congratulations to Akouos on the news of their investigational #gene therapy treatment for otoferlin gene (OTOF)-mediated hearing loss, a rare congenital deafness impacting roughly 200,000 people worldwide. GeneDx is proud to partner with Akouos to help accelerate enrollment in #clinicaltrials by leveraging our robust dataset to identify other #patients who can benefit from these #therapies. We’re humbled to be part of the ecosystem of #healthcare innovation and improving access to pioneering treatments for more patients. 

https://nyti.ms/3OlRYAK

9 state #Medicaid programs now cover rapid whole #genome #sequencing (rWGS) in the #pediatric inpatient setting.  

Utah joins a growing list of states who recognize the importance of offering rWGS in the #NICU and PICU to provide a rapid #diagnosis for the most vulnerable patients and their families.

Couldn’t be prouder of the entire team at GeneDx on an outstanding fourth quarter. Our preliminary results put us ahead on revenue and cash burn goals. We’re proving that we can work together as a team committed to our patients, our providers, our partners, and to our shareholders. 2024 is already off to a strong start. Thank you to everyone for helping keep our eyes on the goal of diagnosing inherited disease earlier, connecting people with the right treatment, and driving a healthier future for as many families as possible.
https://lnkd.in/eHQUhcK8

Harness deep #genomic data. Provide more definitive #answers. Deliver improved outcomes. With one of the world’s largest #raredisease clinical data sets, GeneDx can help you bring #precision medicine into your practice. Our vision is big: leverage tomorrow’s technology to improve patients’ lives, today.

Uncertainty and delayed diagnoses are too common among patients with #neurodevelopmental disorders (NDDs). That’s why leading medical societies recognize #exome or #genome #sequencing as the best, first-tier #genetic testing option. 

For a child with NDDs, every day without a genetic #diagnosis is a missed opportunity. With GeneDx exome testing, you can provide more timely, cost-effective, and comprehensive clinical evaluations that deliver actionable insights. 

Choose a comprehensive and cost-effective genetic testing option supported by leading medical societies.

There’s no place like home for the #holidays. But for the most vulnerable #patients and their families, this isn’t always a possibility. Give them the gift of #genetic insights that can help inform #diagnosis, direct #treatment, and make sure they’re back where they belong: in the arms of their loved ones.

Five. That’s how many uninformative tests the average child with #neurodevelopmental disorders undergoes in search of a #genetic diagnosis. Find critical information sooner by ordering GeneDx #exome first. Test once, discover more, and help your #patients get the care they need #earlier.

Incorporating comprehensive #genomic #sequencing into your workflow doesn’t have to be complicated. Instead, let us do the heavy lifting. We can assist with: 
✅ selecting appropriate tests 
✅ answering #clinical questions 
✅ reporting patient-centric #results 
✅ guiding potential next steps 
 
With comprehensive care from start to finish, GeneDx offers more than a test result: we deliver actionable insights that promote optimal #health.

Are you a #healthcare provider working in a #NICU? Do you want to implement rapid #GeneticTesting, but lack genetic specialist support?

Learn how to interpret #genetic results & discuss them with caregivers, with insights from a panel of experts. 

Click here, watch at your convenience & earn 1 #CME credit 👉 https://bit.ly/47lLd9N

What more can you do for your patients in the #NICU? Rapid whole #genome sequencing (rWGS) might be the answer. It’s been shown to: 
✅ Change clinical management in 61% of patients 
✅ Reduce the length of NICU stays by >457 days 
✅ Reduce #healthcare costs by $12K-16K per #patient 
 
Learn more about the power of #rWGS by visiting the GeneDx team at the Nemours Children's #Neonatology Conference in Oxon Hill, MD. We look forward to seeing you!

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	196.17M -	179.32M 8.59%	212.19M 18.33%	234.69M 10.60%	202.57M 13.69%
cost of revenue	113.39M -	175.30M 54.60%	228.80M 30.52%	261.44M 14.27%	141.94M 45.71%
gross profit	82.78M -	4.03M 95.14%	-16.60M 512.37%	-26.75M 61.13%	60.62M 326.62%
selling and marketing expenses	39.35M -	63.18M 60.56%	112.74M 78.43%	134.91M 19.67%	60.96M 54.82%
general and administrative expenses	29.48M -	100.74M 241.68%	205.99M 104.47%	203.33M 1.29%	133.75M 34.22%
selling general and administrative expenses	68.84M -	163.93M 138.14%	318.73M 94.43%	338.24M 6.12%	165.50M 51.07%
research and development expenses	34.91M -	72.70M 108.25%	105.16M 44.65%	86.20M 18.03%	51.56M 40.19%
other expenses	9.45M -	9.39M 0.60%	5.66M 39.77%	6.31M 11.54%	-7.22M 214.43%
cost and expenses	226.59M -	421.32M 85.94%	658.34M 56.26%	692.20M 5.14%	366.23M 47.09%
operating expenses	113.20M -	246.02M 117.34%	429.55M 74.60%	430.76M 0.28%	224.28M 47.93%
interest expense	783K -	2.47M 215.96%	2.83M 14.59%	3.21M 13.12%
ebitda	-22.51M -	-227.13M 908.85%	-424.34M 86.83%	-395.60M 6.77%	-127.83M 67.69%
operating income	-30.41M -	-241.99M 695.69%	-446.15M 84.36%	-667.65M 49.65%	-163.66M 75.49%
depreciation and amortization	7.90M -	14.86M 88.15%	21.81M 46.73%	272.05M 1,147.54%	35.83M 86.83%
total other income expenses net	709K -	654K 7.76%	200.76M 30,597.09%	69.62M 65.32%	-13.03M 118.72%
income before tax	-29.70M -	-241.34M 712.48%	-245.39M 1.68%	-598.03M 143.71%	-176.69M 70.45%
income tax expense	1.29M -	5.10M 295.96%		-49.05M -	-926K 98.11%
net income	-30.99M -	-246.44M 695.19%	-245.39M 0.42%	-548.98M 123.72%	-175.77M 67.98%
weighted average shs out	7.28M -	7.28M 0%	3.28M 55.00%	108.08M 3,200.00%	24.31M 77.51%
weighted average shs out dil	7.28M -	7.28M 0%	3.28M 55.00%	108.08M 3,200.00%	24.31M 77.51%
eps	-4.26 -	-33.86 694.84%	-74.93 121.29%	-5.08 93.22%	-7.23 42.32%
epsdiluted	-4.26 -	-33.86 694.84%	-74.93 121.29%	-5.08 93.22%	-7.23 42.32%

COM:GENEDX

GeneDx Holdings Corp.

Last Close

72.07

22/11 21:00

Market Cap

818.26M

Beta: -

Volume Today

549.30K

Avg: -

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