Positive Top-Line Results from NHS-Galleri Trial
The prevalent round of screening in the 140,000 participant NHS-Galleri trial showed strong Galleri performance in detecting multiple types of cancers with very low false positive rates.
Galleri Test Commercial Performance
GRAIL sold more than 37,000 Galleri tests in the first quarter, with over 325,000 tests prescribed by more than 14,000 healthcare providers since its launch in 2021.
Revenue Growth
First quarter revenue was $31.8 million, up 19% compared to the first quarter of 2024. Screening revenue was $29.1 million, up 24% year-over-year.
Cash Runway and Financial Management
GRAIL ended the quarter with a cash position of $677.9 million, with a cash burn for 2025 expected to be no more than $320 million, extending the runway into 2028.
Partnerships and Market Expansion
New partnerships with Athena Health and Quest Diagnostics are streamlining Galleri test ordering, and commercial launch in Israel has begun in partnership with OncoTest.
High Specificity and Positive Predictive Value
Galleri demonstrated a specificity of 99.5% and a positive predictive value higher than 43%, as observed in the PATHFINDER study.