Genomic Health, Inc. Q2 2009 Earnings Call Transcript

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2009-08-04 18:05:46.0

Tags: Financial, Forward-looking Statement, Call Transcript, Earnings, Conference, Genomic Health Inc., Financial Accounting, Finance, Seeking Alpha

Earnings Call Excerpt

Genomic Health, Inc. (GHDX)

Q2 2009 Earnings Call Transcript

August 4, 2009 4:30 pm ET

Executives

Dean Schorno - VP, Finance

Kim Popovits - President and CEO

Brad Cole - COO and CFO

Steve Shak - Chief Medical Officer

Analysts

David Clair - Piper Jaffray

Peter Lawson - Thomas Weisel Partners

Charles Duncan - JMP Securities

Scott Gleason - Stephens Inc.

Ashim Anand - Natixis Bleichroeder

Abigail Davis [ph] - JPMorgan

Matthew Scalo - Canaccord Adams

Kelley Roche - Leerink Swann

Presentation

Operator

Good afternoon. My name is Kairy and I will be your conference operator today. At this time, I would like to welcome everyone to the Genomic Health second quarter 2009 financial results conference call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. (Operator instructions)

I would now like to turn the conference over to Mr. Dean Schorno, Vice President of Finance. Sir, you may begin your conference.

Dean Schorno

Thank you. Good afternoon everyone and welcome to Genomic Health’s second quarter 2009 financial results conference call.

Before we begin, I would like to remind you that various remarks we make on this call that are not historical, including those about our future financial operating results, future plans and prospects, the success of our business strategy, the impact of clinical data on demand for our tests, economic benefits and value to payers of our tests, growth and market opportunities, future products, product enhancements and our product pipeline, demand for our test and drivers of demand, payer coverage and pricing, progress in patient access, our investment in our product pipeline and commercial organization, clinical outcomes and timing of clinical studies, our plans for international expansion, the impact of the economy in our business, and our expectations regarding our ability to comply with potential FDA regulation, constitute forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act.

We refer you to our annual report on Form 10-Q for the quarter ended March 31, 2009 filed with the SEC, in particular to the section entitled, Risk Factors, for additional information on factors that could cause actual results to differ materially from our current expectations. These forward-looking statements speak only as of the date hereof and we disclaim any obligation to update these forward-looking statements.

With that, I’ll turn the call over to Kim Popovits, President and CEO of Genomic Health.

 

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