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NeoGenomics (NEO) investor relations material
NeoGenomics 44th Annual J.P. Morgan Healthcare Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic vision and market positioning
Focused exclusively on oncology diagnostics, with a strong presence in community settings where 80% of cancer patients are treated.
Leadership in hematology leveraged to expand into solid tumor therapy selection and MRD markets, holding over 25% hematology market share.
Three strategic pillars: expand from HEME into new markets, evolve offerings for community oncologists, and make targeted investments for growth and margin expansion.
Breadth of test menu and community oncology focus differentiates from larger labs and specialty diagnostics.
Mission centers on improving patient care and becoming the leading provider of comprehensive cancer testing and solutions.
Product innovation and launches
Comprehensive test menu spans diagnosis to MRD, with new launches like PanTracer tissue and PanTracer liquid biopsy.
RaDaR-ST MRD test launching in Q1, targeting a $20B+ market, with two indications approved and two more submitted for reimbursement.
Five new products launched in 2023 are projected to contribute ~24% of 2025 clinical revenue.
PanTracer tissue volumes doubled year-over-year, and liquid biopsy introduced in response to customer demand.
Favorable reimbursement decisions and multiple patents support new product launches.
Community oncology and customer engagement
Over 4,000 ordering accounts and 15% year-over-year growth in physicians ordering five or more tests.
High Net Promoter Score (78) reflects strong physician satisfaction, driven by ease of ordering, report simplicity, and comprehensive test menu.
Sales team expansion accelerates penetration among community oncologists, with increased ordering and headcount from 2023 to 2025.
Targeted investments aim to drive top-line growth and margin expansion in the community setting.
Community oncology is critical for health equity, cost-effectiveness, and personalized care.
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