Price as of April 17, 2023, 10:00 a.m. relevant service terms and policies. Fulgent offers interest-free payment plans. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Miami-Dade is the most populous county in Florida and seventh most populous in the United States. It followed that by retracting the projected increase after the second quarter. Explore the best option for your patient needs. Cigna has expanded the scope of requirements to most genetic testing including whole exome sequencing, hereditary Today, we continue to offer an unrivaled catalog of genetic testing, including over 18,000+ single gene tests, 900+ rare disease tests, whole genome sequencing, whole genome copy number variation analysis, mitochondrial sequencing, and CLIA/CAP quality sequencing services. Founded in 2011, Fulgent has evolved into a premier, full-service genomic testing company built around a foundational technology platform. Eleina Cox's headquarters phone number is (626) 350-0537 Which industry does Eleina Cox work in? In November, the companies released positive data for a test to detect liver cancer. Fulgent Genetics An audio replay will be available in the Investor Relations section of the Company's website. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The roller coaster has continued into 2022 with the stock down nearly 20% year to date already. Through its Picture Genetics platform launched in 2019, Fulgent Genetics offers consumers direct access to its advanced genetic testing and analytics capabilities from the ease and comfort of home . contact our Client Service Team at info@fulgentgenetics.com When can the verification of insurance coverage be done? The services and products are not available to all customers or in all But Fulgent is trying to sell us on the story that its long-term future rests with its core genetics-testing platform. In the most recent Q2-2022, the company tested its way to $125 million in revenue, down from $154 million in Q2-2021. Even after some massive pullbacks recently, Fulgent stock is still up roughly 1,470% over the last three years. determine whether this type of trading is appropriate for them in light of their respective investment The firm major products are: A summary of Fulgent Genetics products Genes & Panels. To locate a genetic counselor in your area, please visit www.nsgc.org. The responsiveness of the For the full-year period, management expects sales of $930 million, cost of revenue of $115 million, and non-GAAP (adjusted) net income of $16 per share. Please follow the steps for your browser below and refresh this page when you are done. as Chief Medical Officer, reporting to the Company's What is required for Fulgent to verify insurance coverage and determine a patient's out-of-pocket cost? Before trading on margin, customers are advised to How does the insurance verification process impact turnaround-time? This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Relevant SEC SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Entity File Number: 001-37894 : Entity Tax Identification Number . Scheduling on the new platform will begin later today (7/13/20). While Fulgent Genetics has certified genetic counselors on staff to Our Lab is CLIA-certified and CAP accredited and surpasses the standards of diagnostic testing. Clinical Molecular Genetics test for Hereditary disease and using Deletion/duplication analysis, Next-Generation (NGS)/Massively parallel sequencing (MPS) offered by Fulgent Genetics. For years, Fulgent was a little-known biotech company laboring away in the genetic testing field. If you have any questions about our billing process or any of Fulgent's programs, please Founded in 2011, Fulgent is now a full-service genomic testing company built around a foundational technology platform.. (including $250,000 for claims for cash). Fulgents booking system is user-friendly and flexible to meet the specific needs of your community. The Companys reports filed with the U.S. Securities and Exchange Commission (SEC), including its annual report on Form 10-K for the year ended December 31, 2020 filed with the SEC on March 8, 2021 and the other reports it files from time to time, including subsequently filed quarterly and current reports, are made available on the Companys website upon their filing with the SEC. seqFISH is a revolutionary technology designed to enable highly multiplexed and multiomic analyses of cells directly in the tissue microenvironments where they function, allowing researchers to identify novel cell types and cellular interactions, map genomic organization and nuclear architecture, and analyze cell trajectories far more efficiently than existing technologies. Securities Investor Protection Corporation (SIPC). New genes added to our preset, focus, and comprehensive panels. The Motley Fool has a disclosure policy. Instructions for Submitting Swab and Saliva Samples FOR SINGLE ORDERS Alzheimer and Dementia NGS Panel EUA Number: EUA200156 . Shares of Fulgent Genetics ( FLGT 1.30%) sank 36.5% amid turbulent trading for the broader market in January, according to data from S&P Global Market Intelligence. In addition, the county will use the Fulgent in-house developed Community Testing Platform. In addition, certain insurance providers require a special authorization form to be completed by a genetics specialist if a specific test is being performed. AAPL, FB, TWTR), Total amount raised across all funding rounds, Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Descriptive keyword for an Organization (e.g. Through our diverse testing menu, Fulgent is focused. Parkinson-Alzheimer-Dementia NGS Panel. A skeptic might say 2021 sales are significantly higher thanks to testing for the SARS-CoV-2 virus. View Amanda Dang's business profile as Assistant Project Manager at Fulgent. Under this arrangement, Fulgent expects to add Spatial Genomics multiomics analysis platform to the suite of lab services already available to its pharmaceutical and clinical research customer base. 4978 Santa Anita Ave Printer-friendly Printer-friendly. trade execution may be affected by factors such as market volatility. Fulgent's core business revolves around genetic testing, but the company has enjoyed surging sales and earnings thanks to its success at quickly bringing COVID-19 tests to market. If you remove the $470 . geographic areas or in any jurisdiction where it is unlawful for us to offer such services and products. invested funds or the need to deposit additional collateral. Cost basis and return based on previous market day close. On average, they anticipate the company's stock price to reach $41.67 in the next year. ET, 1 Green Flag and 1 Red Flag for Fulgent Genetics After Earnings, Why I Bought More of This Under-the-Radar Stock, 2 No-Brainer Stocks to Buy Right Now for Less than $55, This Stock Grew 135% Last Year and Is Down 50% From Its Highs, This News Just Put Fulgent at the Top of My Buy List, The IRS Is Urging Millions of Early Filers to Amend Their Tax Return, 1 Warren Buffett Index Fund Could Turn $100 Per Week into $1 Million, 2 Stocks That Could Join Apple, Microsoft, Amazon, and Alphabet in the $1 Trillion Club, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. *Average returns of all recommendations since inception. Fulgent Genetics, Inc. Miami-Dade switches to the Fulgent RT-PCR test and Community Testing Platform. As a CLIA-certified and CAP-accredited lab, quality controls are built into our procedures at every step, and multiple lab directors oversee all clinical procedures and analysis. answer your questions, it is important that an independent genetic counselor/specialist provide pre-test counselling to your patients. * This test has been authorized by the FDA under an Emergency Use Authorization (EUA). Naturally, the need for testing rises and falls with cases. Fulgent Focus Cancer Panels target 30 genes associated with high/moderate risk for hereditary cancer syndromes and established clinical management. Miami-Dade joins a long list of counties to use Fulgents Community Testing Platform including, but not limited to Santa Clara County, San Bernardino County, Los Angeles County, City of Long Beach and Orange County. Search for Appointments. Visit www.picturegenetics.com for more information. *Average returns of all recommendations since inception. Fulgent is a certified and accredited clinical diagnostic lab, working with physicians from more than 700 institutions including Johns Hopkins, Kaiser Permanente, and Cedars-Sinai. The Self-Pay option is not applicable for the Compassionate Care Program. With the business getting such a massive boost from COVID-19 testing, investors have been trying to figure out how to value the company going forward, and it looks like the stock could be poised for more volatile swings in the near term. PLEASE NOTE: Orders may only be placed by physicians and medical institutions To learn about our at-home testing option, visit www.PictureGenetics.com/covid19. Molecular testing is capable of detecting active COVID-19 infections in the human body. Start Your Free Trial COVID-19. View source version on businesswire.com: https://www.businesswire.com/news/home/20220223006209/en/, Fulgent Genetics InvestorsThe Blueshirt GroupNicole Borsje, 415-217-2633 Both the S&P 500 and the Nasdaq . Fulgent will call the patient's insurance company to determine: Some insurance companies require a review of medical records before determining if genetic testing is covered Los Angeles County is changing scheduling platforms for COVID-19 testing at its nine operated testing sites. Free trading refers to $0 commissions for Moomoo Financial Inc. self-directed individual cash or margin The Motley Fool owns and recommends Fulgent Genetics, Inc. Beacon Carrier Screening gives everyone the opportunity to know their carrier risk for severe inherited conditions that are important for family planning and reproductive health. - patient first and last name; DOB; MRN). For non-HMO Medicare plans, cancer panels are typically covered if the patients meets Medicare criteria for Hereditary Breast and Ovarian Cancer or Hereditary Colorectal/Lynch Syndrome testing. Phone number: 626-350-0537; Fax number: 626-454-1667; Email: info@fulgentgenetics.com; Website: https . ET, 1 Green Flag and 1 Red Flag for Fulgent Genetics After Earnings, Why I Bought More of This Under-the-Radar Stock, 2 No-Brainer Stocks to Buy Right Now for Less than $55, This Stock Grew 135% Last Year and Is Down 50% From Its Highs, This News Just Put Fulgent at the Top of My Buy List, The IRS Is Urging Millions of Early Filers to Amend Their Tax Return, 1 Warren Buffett Index Fund Could Turn $100 Per Week into $1 Million, 2 Stocks That Could Join Apple, Microsoft, Amazon, and Alphabet in the $1 Trillion Club, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. The Company has received Emergency Use Authorization (EUA) from the U.S. Food and Drug Administration (FDA) for the RT-PCR-based tests for the detection of SARS-CoV-2 using upper respiratory specimens (nasal, nasopharyngeal, and oropharyngeal swabs) and for the at-home testing service through Picture Genetics. A cornerstone of the Companys business is its ability to provide expansive options and flexibility for all clients unique testing needs through a comprehensive technology offering including cloud computing, pipeline services, record management, web portal services, clinical workflow, sequencing as a service, and automated lab services. Fulgent is a rapidly growing technology company with an initial focus on offering comprehensive genetic testing to provide physicians with clinically actionable diagnostic information they can use to improve the overall quality of patient care. Please see below for the corresponding forms. Please try again later. Past performance should not be viewed as an indicator of future results. Learn More. Contact info@fulgentgenetics.com; Locations Headquarters; 4978 Santa Anita Ave Temple City, CA 91780 Phone: +1 (626) 350-0537 If ordering online, select the "Self-Pay" option in the billing portion of the ordering process. For patients who are insured with commercial insurance, Fulgent can offer financial assistance based on the criteria (see the Financial Disclosure Form for details). Label each specimen with at least two unique identifiers that match the order paperwork (e.g. Fulgent Genetics, Inc. TEMPLE CITY, Calif., Sept. 09, 2020 (GLOBE NEWSWIRE) -- Fulgent Genetics, Inc. (NASDAQ: FLGT) (Fulgent Genetics or the company), a technology company providing comprehensive testing solutions through its scalable technology platform, today announced a new partnership with Miami-Dade County in Florida for COVID-19 testing. If you require a sample collection kit, please contact us at clientservices@fulgentgenetics.com. Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 Testing is limited to laboratories designated by Fulgent Genetics which are also certified under the Clinical Laboratory The company plans to sell 4.2 million shares, which would net the company . (i.e. It has used some of the $570 million in trailing-12-month earnings to expand its offerings and international exposure. Shares of FLGT opened at $30.83 on Monday. Arrange for others to provide groceries, medicines, etc. The forward-looking statements made in this press release speak only as of the date of this press release, and the Company assumes no obligation to update publicly any such forward-looking statements to reflect actual results or to changes in expectations, except as otherwise required by law. Making the world smarter, happier, and richer. There are links to the lab to order the test and links to practice guidelines and authoritative resources like GeneReviews, PubMed, MedlinePlus, PharmGKB to support the clinician's informed test selection. TEMPLE CITY, Calif. & PASADENA, Calif. -- (BUSINESS WIRE)--Feb. 23, 2022-- Fulgent Genetics, Inc. (NASDAQ: FLGT) ("Fulgent" or the "Company"), a technology-based genetic . Of course, Fulgent is also producing a lot of profit. nicole@blueshirtgroup.com, Fulgent Genetics Announces Strategic Investment in Spatial Genomics. Company: Fulgent Therapeutics . This is a complete solution for managing drive-through testing sites, including the patient visiting the Fulgent-Miami-Dade website to choose a location, make an appointment, and complete a questionnaire. Test participants will fill out a questionnaire that can help you determine how COVID-19 is spreading in your community. or Fulgent is contracted with Medicare. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. If you are a Fulgent Genetics shareholder, you are encouraged to contact Mark Stein or Linda Border at Barrack, Rodos & Bacine, at the toll-free number 877-386-3304, or via email at mstein@barrack . Increase the effectiveness of medications while reducing the risk of adverse drug reactions with PGx testing, available clinically through Fulgent, or at-home through Picture Genetics. Test results will be labeled positive, negative, or indeterminate. Fulgent Genetics is investing up to $40 million to lead Spatial Genomics Series A financing, which totals approximately $56 million and also includes investments by 12 West Capital and other investors. +1 (626) 434-3598 for more information. We can verify insurance coverage either before or after a sample is received in the laboratory. Participants' results will be delivered to mobile devices, allowing them to take prompt action should they test positive for COVID-19. Find nationwide available RT-PCR appointments near you. Examples of forward-looking statements in this press release include statements about, among other things: managements and others beliefs, judgments and estimates regarding the development and potential commercialization of Spatials products, services and technology; the benefits and opportunities relating to or arising from Fulgents investment in Spatial and Fulgents ability to integrate any of Spatials products, services or technology into its platform; Fulgents and Spatials testing solutions and services; the Companys identification and evaluation of opportunities and its ability to capitalize on opportunities to grow its business. Once we receive a sample or completed forms (see below), it is our practice to work with the provider and the patient on an individual basis. Fulgent Therapeutics, LLC is a pharmaceutical company focusing on developing and commercializing innovative cancer therapeutics. Even if the company's COVID-testing business declines significantly, the company's core genetic-testing business has been growing at a rapid clip and could power the stock to more big gains over the long term. Fulgent Genetics is a CAP and CLIA certified genetics lab in Los Angeles that's dedicated to high quality and affordable genetic testing. . Test. We are incredibly happy to partner with the county in their tremendous efforts to combat this virus, commented Brandon Perthuis, Chief Commercial Officer of Fulgent Genetics. The companys reports filed with the U.S. Securities and Exchange Commission (SEC), including its annual report on Form 10-K for the year ended December 31, 2019 filed with the SEC on March 13, 2020 and the other reports it files from time to time, including subsequently filed quarterly and current reports, are made available on the companys website upon their filing with the SEC. Our solution includes online booking systems & patient follow-up, clinical-grade testing in our lab, and management tools. Fulgents reporting solution will then deliver reports directly to patients mobile phones. Fulgent Genetics, Inc. By merging the fields of genetics, molecular biology, and computer science, we pursue excellence in clinical diagnostics, therapeutic development, and data analysis. Shares of diagnostic testing company Fulgent Genetics (FLGT 0.10%) were up 93% last year, according to S&P Global Market Intelligence. Clinical Laboratory Improvement Amendments (CLIA) License, College of American Pathologists (CAP) Accreditation, New York State Clinical Laboratory Permit. And shares are dirt cheap. and related services available through the moomoo app are offered by including but not limited to the following Testing will not be released until a reasonable path has been determined for reimbursement. Fulgent Genetics' proprietary technology platform has created a broad, flexible test menu and the ability to continually expand and improve its proprietary genetic reference library while maintaining accessible pricing, high accuracy and competitive turnaround times. and submit it to Fulgent Genetics via email or fax. The unpredictability of COVID took shareholders on a journey through several peaks and valleys on the way to that gain. Fulgent Genetics, Inc. (NASDAQ: FLGT) ("Fulgent Genetics", "Fulgent", or the "Company"), a technology-based genetic testing company focused on transfo . To make the world smarter, happier, and richer. For patients with no medical insurance and limited financial resources to cover the cost of testing. Through its Picture Genetics platform launched in 2019, Fulgent Genetics offers consumers direct access to its advanced genetic testing and analytics capabilities from the ease and comfort of home . Provide your community with timely, dependable COVID-19 testing. We offer cash pricing at a discounted rate to make our tests accessible to all patients. These forward-looking statements are subject to a number of risks and uncertainties, which may cause the forward-looking events and circumstances described in this press release to not occur, and actual results to differ materially and adversely from those described in or implied by the forward-looking statements. It is only authorized during the duration of the COVID-19 emergency declaration by federal regulators under Section 564(b)(1) of the Act, 21 U.S.C. 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