
GRAIL (GRAL) Is Up 12.3% After Samsung-Backed Asian Galleri Deal And Trial Data - Has The Bull Case Changed?

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GRAIL's stock rose 12.3% following a US$110 million investment and exclusive Asian distribution deal with Samsung for its Galleri multi-cancer early detection test, which showed a 61.6% positive predictive value in clinical trials. This partnership enhances GRAIL's commercial prospects, but investors should remain cautious due to ongoing high cash burn and unprofitability. GRAIL projects $232.5 million in revenue by 2028, with a fair value estimate of $105.00 per share, indicating a potential 10% upside from its current price. Diverse opinions on GRAIL's value exist, with estimates ranging from US$28 to US$121 per share.
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