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Cancer Genetics enters hereditary breast, ovarian cancer testing market

Cancer Genetics Inc. is entering the hereditary breast and ovarian cancer diagnostics market with the launch of a focused genomic panel to detect such cancers in the human body.

The panel, termed Focus::HERSite, will initially focus on analyzing the 16 most common genes associated with the cancers.

The company estimates that the U.S. market for hereditary breast and ovarian cancer testing is approximately $2.5 billion today and growing at 7% annually.