The announcement comes alongside two ongoing clinical trials launched by Freenome, including its prospective PREEMPT CRC study (NCT04369053), a longitudinal real-world data study consisting of under 40,000 participants evaluating the company's blood-based screening test among adults at average risk for CRC.

Roche led the financing alongside existing and new investors. The funds will progress clinical programs and expand platform capabilities.

– Registrational study targets enrollment of 20,000 individuals at high risk of lung cancer –SOUTH SAN FRANCISCO, Calif., Dec. 12, 2023 /PRNewswire/ -- Freenome, a privately held company developing multiomics blood tests for early cancer detection, today announced the initiation of its PROACT LUNG study and provided an update on its lung cancer research, including the ongoing Vallania study. The study is intended to validate the clinical performance of the Freenome blood test for lung cancer screening. The test combines lung cancer-specific biomarkers with cancer-common markers identified on Freenome's proprietary multiomics platform. This is Freenome's second blood-based test developed on the platform and being evaluated in a prospective clinical study.Early detection of lung cancer, while in its most treatable stage, leads to better clinical outcomes for patients.1,2 Recently, the United States Preventive Services Task Force expanded the recommended ages and smoking history for lung cancer screenings, reaffirming the importance of early detection. In people at high risk for lung cancer, annual screening with a low-dose CT (LDCT) scan is typically recommended as part of the standard of care (SOC)