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Stock impact report

Lucid Inks New Partnership With VITALExam: Stock to Gain? [Yahoo! Finance]

PAVmed Inc. (PAVM) 
US:NASDAQ Investor Relations: ir.pavm.com
Company Research Source: Yahoo! Finance
LUCD, a commercial-stage, cancer prevention medical diagnostics company and subsidiary of PAVmed Inc. PAVM, recently entered into a strategic partnership with VITALExam LLC. The agreement is aimed at enhancing access to Lucid's EsoGuard Esophageal DNA Test for firefighters at risk for esophageal precancer. Lucid and VITALExam introduced the partnership with a fully contracted CheckYourFoodTube Precancer testing event at Tuscaloosa Fire Rescue in Tuscaloosa, AL. LUCD's Likely Stock Trend Following the News Since the announcement on Dec. 19, Lucid's shares dipped 2.5% to 77 cents last Thursday. The company is gaining synergies from its expanded direct contracting initiative to drive near-term EsoGuard revenues. The latest collaboration with VITALExam should enable Lucid to generate contractually guaranteed revenues through fully contracted CheckYourFoodTube Precancer testing events. Accordingly, we expect the newest agreement to boost the market sentiment toward LUCD stock in the Show less Read more
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