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Pacific Edge’s Draft Medicare Coverage Sparks Growth Prospects Despite FY26 Loss
11:16am on Thursday 25th of June, 2026 AEST
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Healthcare
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Pacific Edge’s Draft Medicare Coverage Sparks Growth Prospects Despite FY26 Loss
11:16am on Thursday 25th of June, 2026 AEST
Key Points
47% decline in operating revenue to $11.5 million
Draft Medicare Local Coverage Determination proposes coverage for Cxbladder tests
Total laboratory throughput down 16.3%, commercial tests down 23.8%
Raised $36.1 million in equity post-year-end
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Pacific Edge (NZX:PEB)
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