Abbott LaboratoriesAbbott secures exclusive U.S. rights to a new FDA-approved blood-based colorectal cancer test, expanding its diagnostics portfolio and addressing an unmet need for patients who avoid stool-based or colonoscopy screening.

Abbott Laboratories has secured exclusive U.S. commercialization rights for Freenome's SimpleScreen CRC, a newly FDA-approved blood-based colorectal cancer screening test. The agreement introduces a new screening option for eligible U.S. patients under current colorectal cancer testing guidelines and expands Abbott's presence in the colorectal cancer screening category within its broader diagnostics portfolio. Blood-based tests are viewed as a way to reach patients who might not complete stool-based or colonoscopy screening. The exclusive commercialization gives Abbott a defined role in bringing this test to market and into clinical workflows, with investor focus now shifting to physician adoption, reimbursement, and how the test fits alongside existing options.
Abbott LaboratoriesAbbott secures exclusive U.S. rights to a new FDA-approved blood-based colorectal cancer test, expanding its diagnostics portfolio and addressing an unmet need for patients who avoid stool-based or colonoscopy screening.