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Biodesix (BDSX) investor relations material

Biodesix Canaccord Genuity’s 45th Annual Growth Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Canaccord Genuity’s 45th Annual Growth Conference summary12 Aug, 2025

Business model and product portfolio

  • Focuses on blood-based diagnostics for lung cancer, with five on-market tests covered by Medicare, including pre- and post-cancer diagnosis solutions.

  • Two Notify tests identify likely malignant or benign cases before cancer diagnosis; post-diagnosis, two genomic and one proteomic test (Veristrat) guide treatment decisions.

  • Biopharma partnerships extend to pan-cancer applications, offering both genomic and proteomic solutions.

Commercial strategy and sales force expansion

  • Shifted to include primary care referral networks, leveraging pulmonologists to expand Notify test reach and enrich patient identification.

  • Early results show 9% of orders from primary care, with expectations for continued growth and positive reception.

  • Sales force grew to 74 reps, targeting 85 by Q3 and 95 by Q4, with consistent productivity and rapid ramp-up.

  • Urban territories show high productivity; plans to further split large territories to optimize coverage.

Digital transformation and operational efficiency

  • Digital ordering via physician portal and EMR integration increases reorder rates and customer satisfaction, reducing delays from paper-based processes.

  • Ongoing work to expand EMR integrations, with site-level enablement required for full adoption.

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Q3 202531 Oct, 2025
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Frequently asked questions

Biodesix Inc. is a diagnostic company specializing in blood-based tests for lung diseases, including cancer and other respiratory conditions. The company utilizes multiple technologies such as genomics and proteomics to develop diagnostic and monitoring solutions. Its offerings are intended for use in clinical decision support. The company is headquartered in Boulder, Colorado, and its shares are listed on the NASDAQ.

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