Exhibit 99.1
Guardant Health Announces Tentative Date of FDA Advisory Panel Review of Shield
Blood Test
PALO ALTO, Calif. Dec 19, 2023 (BUSINESS WIRE) Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company,
today announced that the U.S. Food and Drug Administrations Molecular and Clinical Genetics Panel of the Medical Devices Advisory Committee is tentatively scheduled to review the premarket approval application (PMA) for the companys
Shield blood test to screen for colorectal cancer on March 28, 2024. The date and details of the meeting are subject to confirmation by the FDA and publication in the Federal Register.
Guardant Health submitted the final module of its PMA for Shield on March 10, 2023. The submission includes data from the companys positive
ECLIPSE study, an over 20,000-patient registrational study evaluating the performance of its blood test for detecting colorectal cancer in average-risk adults.
We welcome the opportunity to engage in a discussion with key opinion leaders about our study results and the power of Shield in closing the screening
gap once FDA approved, said AmirAli Talasaz, co-CEO of Guardant Health. The proposed timing of the meeting is in line with our expectation to complete the PMA process and launch Shield IVD in
2024.
About Guardant Health
Guardant
Health is a leading precision medicine company focused on guarding wellness and giving every person more time free from cancer. Founded in 2012, Guardant is transforming patient care by providing critical insights into what drives disease through
its advanced blood and tissue tests, real-world data and AI analytics. Guardant tests help improve outcomes across all stages of care, including screening to find cancer early, monitoring for recurrence in early-stage cancer, and helping doctors
select the best treatment for patients with advanced cancer. For more information, visit guardanthealth.com and follow the company on LinkedIn, X (Twitter) and Facebook.
Forward-Looking Statements
This press release contains
forward-looking statements within the meaning of federal securities laws, including statements relating to Guardant Healths future results, or regarding the potential benefits and advantages of Guardant Healths platforms, assays and
tests, which involve risks and uncertainties that could cause Guardant Healths actual results to differ materially from the anticipated results and expectations expressed in these forward-looking statements. These statements are based on
current expectations, forecasts and assumptions, and actual outcomes and results could differ materially from these statements due to a number of factors. These and additional risks and uncertainties that could affect Guardant Healths
financial and operating results and cause actual results to differ materially from those indicated by the forward-looking statements made in this press release include those discussed under the captions Risk Factors and
Managements Discussion and Analysis of Financial Condition