July 22, 2017 3:07 AM ET

Biotechnology

Company Overview of Veracyte, Inc.

Company Overview

Veracyte, Inc. operates as a molecular diagnostics company in the United States. The company uses genomic technology to resolve diagnostic ambiguity. It offers Afirma Thyroid FNA Analysis solution for use in thyroid cancer diagnosis; cytopathology testing services; and the Afirma Malignancy Classifiers to manage thyroid nodule patients. The company’s products also include Percepta Bronchial Genomic Classifier solution for use in lung cancer screening and diagnosis; and Envisia Genomic Classifier solution for idiopathic pulmonary fibrosis. It sells its products through its product specialists, institutional channel managers, account managers, and clinical science specialists. The company was ...

6000 Shoreline Court

Suite 300

South San Francisco, CA 94080

United States

Founded in 2006

216 Employees

Phone:

650-243-6300

Fax:

650-243-6301

Key Executives for Veracyte, Inc.

Co-Founder, Chairman and Chief Executive Officer
Age: 59
Total Annual Compensation: $500.0K
President and Chief Operating Officer
Age: 48
Total Annual Compensation: $395.0K
Chief Financial Officer
Age: 47
Total Annual Compensation: $29.0K
Compensation as of Fiscal Year 2016.

Veracyte, Inc. Key Developments

Veracyte, Inc. Presents at The William Blair 2017 Growth Stock Conference, Jun-15-2017 08:00 AM

Veracyte, Inc. Presents at The William Blair 2017 Growth Stock Conference, Jun-15-2017 08:00 AM. Venue: The Four Seasons Hotel, 120 East Delaware Place, Chicago, IL 60611, United States. Speakers: Bonnie H. Anderson, Co-Founder, Chairman and Chief Executive Officer.

Veracyte, Inc. Presents at BIO International Conference 2017, Jun-22-2017 09:00 AM

Veracyte, Inc. Presents at BIO International Conference 2017, Jun-22-2017 09:00 AM. Venue: San Diego Convention Center, San Diego, CA 2865, United States. Speakers: John W. Hanna, Chief Commercial Officer.

Veracyte, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017; Reiterates Earnings Guidance for the Year 2017

Veracyte, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported revenue of $16,432,000 against $13,550,000 a year ago. Loss from operations was $7,517,000 against $9,751,000 a year ago. Net loss and comprehensive loss was $8,217,000 or $0.24 per basic and diluted share against $10,075,000 or $0.36 per basic and diluted share a year ago. The company reiterated its 2017 annual revenue guidance of $76 million to $84 million and annual cash burn of $25 million to $27 million.

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Recent Private Companies Transactions

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