Guardant Health Inc. (GH) announced that the U.S. Food and Drug Administration has approved the company's Shield blood test for colorectal cancer (CRC) screening in adults age 45 and older who are at average risk for the disease. It is the first blood test to be approved by the FDA as a primary screening option for colorectal cancer.
Shield is also the first blood test for colorectal cancer screening that meets the requirements for Medicare coverage.
The FDA decision follows a strong recommendation for approval by an Advisory Committee panel in May 2024.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.