Close Menu
  • Small Business Debt Management
  • Articles
  • Bankruptcy
    • Budgeting
    • Business Credit
  • Business loan
  • Business Tax
    • Debt Consolidation
    • Debt Collection
    • Debt Settlement
  • Insurance
  • Business Credit
What's Hot

Textile exporters demand govt address unresolved budget anomalies – Business & Finance

‘Appeal effect orders’: tax experts decry FBR working – Business & Finance

MVT more than doubled in FY25 – Business & Finance

Facebook X (Twitter) Instagram
Debt Settle Tips – Business Finance & Debt Solutions
  • Small Business Debt Management
  • Articles
  • Bankruptcy
    • Budgeting
    • Business Credit
  • Business loan
  • Business Tax
    • Debt Consolidation
    • Debt Collection
    • Debt Settlement
  • Insurance
  • Business Credit
  • Small Business Debt Management
  • About Us
  • Advertise with US
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Debt Settle Tips – Business Finance & Debt Solutions
  • Small Business Debt Management
  • About Us
  • Advertise with US
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Home » Teal Health at-home cervical cancer screening test wins FDA approval
Business Credit

Teal Health at-home cervical cancer screening test wins FDA approval

Riley Moore | Debt AgentBy Riley Moore | Debt AgentMay 9, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link Telegram LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


Teal Health CEO on FDA approval of new at-home cancer test

The Food and Drug Administration on Friday approved the first-ever at-home test for cervical cancer screening, developed by San Francisco-based startup Teal Health.

The company began developing the prototype for its Teal Wand just over five years ago. The concept was to make cervical cancer screening more accessible via telehealth and a test that could be self-administered at home, rather than at a doctor’s office.

“The pandemic showed everyone that telehealth is a thing that is preferred … and made it easier to get care for most Americans,” said Kara Egan, CEO of Teal Health, adding that Covid also demonstrated “at-home testing was a thing that people could handle and really understand.”

The Teal Wand works much like a tampon applicator, with a large swab that the user can insert themselves to collect a sample for testing. The FDA designated the tool as a breakthrough device after the company’s clinical trial results showed the precision of the self-administered test was comparable with an in-office screening performed by a clinician, with a 96% accuracy rate.

Teal plans to make the wand available in California first, starting in June.

More CNBC health coverage

The company has had discussions with carriers about insurance coverage for the test as a preventive screening, which for most women would be covered without copays just like an annual doctor’s visit.

The American Cancer Society recommends women get screened for cervical cancer every three years starting at age 21.

Yet Egan says 1 in 4 women fall behind on screening, in part because they can’t find time for an in-person gynecologist appointment, a problem especially for women in rural areas who often have to travel beyond their community to get to a doctor.  

“This is about increasing access to care and making sure we have more options to get that care,” she said.

Ahead of its anticipated FDA approval, Teal Health raised $10 million in its latest funding round in January to help ramp up production for the launch of the Teal Wand. The investment was led by Forerunner Ventures and Laurene Powell Jobs’ Emerson Collective. The company has raised a total of $23 million from investors including Serena Williams’ Serena Ventures, as well as testing firm LabCorp.  

The company’s milestone comes as investors have grown more interested in women’s health tech.

Last year, there was an influx of $680 million into the space invested across 30 deals, according to data from Deloitte. About 60% of those funds went to later-stage investments, according to Jen Radin, principal in Deloitte’s life sciences and health-care practice.

“From 2023 to 2024 femtech saw 41% growth, outpacing overall health tech, which grew only 10%,” Radin said.

FemHealth Ventures managing partner Maneesha Ghiya says while investors are now more cautious, in general, interest in women’s health tech is moving beyond maternity and menopause.   

“Many more people are thinking about women’s health more broadly and supporting these types of innovations — and that includes from the large, established players like medtech, pharma, biotech, large public companies that are thinking more broadly about women’s health,” Ghiya said.

Don’t miss these insights from CNBC PRO



Source link

Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
Previous ArticleFired CPSC commissioner tells President Trump, “See you in court”
Next Article Art market offers investors ‘escape’ from volatile stocks
Riley Moore | Debt Agent
  • Website

Related Posts

‘F1’ is Apple’s highest-grossing theatrical film ever

July 7, 2025

Family offices ramp up deals in June with bets on biotech and pharma

July 7, 2025

How Netflix keeps luring directors away from traditional box office

July 7, 2025
Leave A Reply Cancel Reply

Latest Posts

Textile exporters demand govt address unresolved budget anomalies – Business & Finance

‘Appeal effect orders’: tax experts decry FBR working – Business & Finance

MVT more than doubled in FY25 – Business & Finance

Stocks slump after Trump threatens new tariffs on more than a dozen countries

Latest Posts

What Is an Insurance Policy?

July 2, 2025

How to Build a School Culture Where Educators Thrive

June 30, 2025

Servant Leadership in Education: Lead by Serving First

June 30, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to Debt Settle Tips – your trusted resource for navigating the complex world of business finances. Our mission is to empower business owners, entrepreneurs, and individuals with the knowledge they need to make informed financial decisions.

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Small Business Debt Management
  • About Us
  • Advertise with US
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 debtsettletips. Designed by debtsettletips.

Type above and press Enter to search. Press Esc to cancel.