Exagen Inc. (XGN), a provider of autoimmune testing, said that it has received conditional approval from the New York State Department of Health for its new systemic lupus erythematosus (SLE) and rheumatoid arthritis (RA) biomarker assays, with a planned commercial launch in January 2025.
The company noted that its new systemic lupus erythematosus and rheumatoid arthritis biomarkers will be incorporated into the AVISE CTD platform. Collectively, the company expects the new biomarkers will further improve the clinical utility of AVISE CTD, and provide clinicians with the information they need to definitively diagnose patients and shorten their autoimmune diagnostic journeys.
For the fourth quarter, the company projects net loss to be in the range of $3.4 million to $4.4 million and revenue of $13.3 million to $13.8 million.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.