Foundation Medicine Projects $12B to $15B Market for Cancer Tests by 2020; Plans Ex-US Launch Soon | GenomeWeb

NEW YORK (GenomeWeb) – Foundation Medicine expects the market for its cancer tests to grow to between $12 billion and $15 billion by 2020. In collaboration with Roche, the company plans to start selling its assays outside the US starting this year.

In the meantime, reimbursement for its tests from private insurers continues to grow. United Healthcare recently published a medical policy under which it will start covering molecular profiling for stage IV non-small cell lung cancer patients in October, which will likely include the firm's FoundationOne test.

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