Pacific Edge's Cxbladder Medicare Coverage Gets Two-Month Extension; Shares Up 7%

MT Newswires Live

2025/01/28

Pacific Edge (NZE:PEB, ASX:PEB) said the Medicare coverage for its flagship Cxbladder test has been extended by two months to Thursday, April 24, according to a Monday filing with the New Zealand and Australian bourses.

Last Jan. 22, the cancer diagnostics company disclosed plans to seek a preliminary injunction in the US relating to the removal of Cxbladder test from the coverage of Medicare contractor, Novitas.

Pacific Edge's shares were up 7% in New Zealand and 10% in Australia.

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