The most innovative companies in biotech in 2024
Insilico Medicine, ElevateBio, Inato, and Exscientia are among Fast Company's Most Innovative Companies in biotech in 2024.
Personalis
New diagnostics from <anchor>Personalis</anchor> and Guardant are helping to detect cancer earlier, to guide personalized treatments, and to monitor patients’ response. Rocket Pharmaceuticals is advancing multiple first-in-class rare-disease treatments through clinical trials. And Inato is helping to connect drugmakers with community research sites outside of large urban centers to enroll more diverse patients in clinical trials, helping to ensure that new therapies work for everyone who needs them.
Why Personalis is one of the most innovative biotech companies of 2024
Why Personalis is one of the most innovative biotech companies of 2024

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03-19-2024 [MOST INNOVATIVE COMPANIES 2024](https://www.fastcompany.com/section/most-innovative-companies-2024)

[**How Personalis is detecting cancer with improved precision**](/91035236/personalis-most-innovative-companies-2024)

The company’s whole-genome sequencing test makes it one of the most innovative biotech companies of 2024.

![How Personalis is detecting cancer with improved precision](https://images.fastcompany.com/image/upload/f_webp,c_fit,w_1920,q_auto/wp-cms/uploads/2024/03/2024-MIC-Article-BIOTECH-03-1.jpg)

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BY [Adam Bluestein](/user/adam-bluestein)1 minute read

Through genomic sequencing and analytics, Fremont, CA-based [Personalis](https://www.personalis.com/) aims to make detection of cancer ever more precise and timely. In October 2023, the company launched early access to its NeXT Personal Dx test, which offers ultra-sensitive circulating tumor DNA (ctDNA) detection, enabling earlier detection of cancer recurrence and more detailed monitoring of treatment response.

NeXT Personal Dx is a whole-genome sequencing test that detects circulating tumor DNA molecules, finding previously hidden traces of residual cancer, while reporting on specific mutations that can help identify personalized treatments. Personalis also supports the development of personalized cancer vaccines and other next-generation cancer immunotherapies. It is collaborating with Moderna to analyze patient tumor data for its individualized neoantigen-based cancer therapeutics, now in Phase 3 trials, and with AstraZeneca to explore ultra-sensitive residual disease detection for cancer.

In November 2023, it entered a partnership with Tempus Labs, an AI and precision medicine company, to commercialize the test for lung cancer, breast cancer, and immunotherapy monitoring. The company’s third quarter revenue of $18.2 million was up 23% over last year.

_Explore the full 2024 list of Fast Company’s [Most Innovative Companies](https://www.fastcompany.com/most-innovative-companies/list), 606 organizations that are reshaping industries and culture. We’ve selected the firms making the biggest impact across 58 categories, including [advertising](https://www.fastcompany.com/91025697/advertising-marketing-most-innovative-companies-2024), [artificial intelligence](https://www.fastcompany.com/91029555/artificial-intelligence-most-innovative-companies-2024), [design](https://www.fastcompany.com/91029585/design-most-innovative-companies-2024), [sustainability](https://www.fastcompany.com/91029594/sustainability-most-innovative-companies-2024), and more._

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_Apply to the [Most Innovative Companies Awards](https://www.fastcompany.com/apply/most-innovative-companies) and be recognized as an organization driving the world forward through innovation. Final deadline: Friday, October 4._

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ABOUT THE AUTHOR

Adam Bluestein writes for _Fast Company_ about people and companies at the forefront of innovation in business and technology, life sciences and medicine, food, and culture. His work has also appeared in _Fortune, Bloomberg Businessweek, Men's Journal, and Proto_[More](https://www.fastcompany.com/user/adam-bluestein)

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