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Abbott launches SimpleScreen CRC, a blood-based colorectal cancer screening test for adults 45+, covered by Medicare.

Market News
30 Sep 2026
PRNewsWire
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Bullish
Abbott launches SimpleScreen CRC, a blood-based colorectal cancer screening test for adults 45+, covered by Medicare.

Abbott has launched SimpleScreen CRC, an FDA-approved blood test for colorectal cancer screening in adults aged 45 and older at average risk. This test offers a convenient alternative for those who decline or do not complete stool-based or visual screening methods, aiming to increase screening rates among the 60 million Americans due for screening. SimpleScreen CRC detects cancer signals via circulating cell-free DNA and showed 81.1% sensitivity in clinical trials. Covered by Medicare with no out-of-pocket costs for eligible patients, Abbott also provides patient support services to help complete the screening process, with follow-up colonoscopy recommended for positive results.

Abbott Laboratories (ABT) shares are trading at USD 101.00 as of Sep 30, 2026 19:11 WIB, close to their 52-week low of USD 82.57 but well below the 52-week high of USD 134.59. Despite a modest 1-day gain of 0.06%, the stock sees more selling pressure on Pluang with 79% of orders to sell versus 21% to buy. The dividend yield stands at 2.5%, and typical investors hold the stock for about 96 days, reflecting cautious sentiment around the health sector name amid its new product launches.

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