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Pacific Edge shares tank as it mulls legal action

Cancer diagnostics company reveals Medicare’s coverage accounted for 77% of its total operating revenue in 2023.

Over the coming days Pacific Edge will explore all available legal options.

UPDATE: Shares in dual-listed cancer diagnostics company Pacific Edge have fallen close to 90% on news its Cxbladder tests will no longer be covered by US national health insurance provider Medicare.

The company went into a trading halt yesterday having closed at 49.5c a share last Friday, but

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Hamish McNicol Wed, 07 Jun 2023
Contact the Writer: Hmcnicol@nbr.co.nz
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Pacific Edge shares tank as it mulls legal action
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