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Genomic Health Announces Second Quarter 2009 Financial Results and Business Progress
Date:8/4/2009

expects continued progress in reimbursement to favorably impact product revenue; net loss to narrow in the second half of 2009 as compared with the first half of 2009; and test results delivered to be at the low end of guidance.

Recent Highlights and Accomplishments

Commercial Progress

  • More than 11,880 Oncotype DX breast cancer test results delivered in the second quarter of 2009, compared with more than 9,690 test results delivered in the second quarter of 2008, an increase of 23 percent year-over-year.
  • Established a contract with Anthem Insurance Companies, Inc., a subsidiary of one of the largest health benefits companies in the United States, effective August 1, 2009.
  • Palmetto GBA, the Medicare and Medicaid service contractor for the state of California, extended its coverage for Oncotype DX to include breast cancer patients with one to three positive lymph nodes, effective June 28, 2009.
  • Established a contract with Blue Cross Blue Shield Rhode Island, providing in-network benefit coverage for approximately 680,000 lives.

Clinical Progress

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