CNSide Diagnostics receives lab licenses for CSF Tumor Cell Enumeration test, expanding service availability to 48 U.S. states.
Quiver AI Summary
CNSide Diagnostics, a subsidiary of Plus Therapeutics, has announced that it has received laboratory licenses to offer its CNSide® Cerebrospinal Fluid Tumor Cell Enumeration test in California, Rhode Island, and Maryland, bringing its total licensed states to 48. This test aids in the diagnosis and treatment monitoring for patients with central nervous system cancers, specifically those with leptomeningeal metastases. The CNSide® testing service has demonstrated high clinical utility, influencing treatment decisions in 90% of cases based on over 11,000 tests conducted since 2020. The company remains focused on expanding market access and increasing insurance coverage for its tests, which are performed in its certified laboratory in Houston, Texas.
Potential Positives
- CNSide Diagnostics has been granted lab licenses to provide its proprietary testing service in California, Rhode Island, and Maryland, expanding its reach to 48 states.
- The CNSide® CSF Tumor Cell Enumeration test has demonstrated high sensitivity (92%) and specificity (95%), influencing treatment decisions in 90% of cases.
- More than 11,000 CNSide® tests have been performed at over 120 U.S. cancer institutions since 2020, showcasing significant demand and clinical validation.
- The press release emphasizes the company's commitment to expanding market access and coverage, indicating potential for future growth and business opportunities.
Potential Negatives
- Company is still in the early stages of product development, which may limit immediate revenue potential and market impact.
- Risks associated with the company’s ability to maintain its Nasdaq listing could indicate financial instability or operational challenges.
- Forward-looking statements highlight uncertainties regarding clinical trials and product development, suggesting potential challenges in achieving future goals.
FAQ
What is the CNSide® CSF Tumor Cell Enumeration test?
The CNSide® CSF Tumor Cell Enumeration test is a laboratory-developed test for detecting tumor cells in cerebrospinal fluid, aiding in CNS cancer management.
Which states is CNSide Diagnostics now licensed to operate in?
CNSide Diagnostics is now licensed to provide testing services in California, Rhode Island, Maryland, and 48 other U.S. states.
What are the clinical benefits of the CNSide® CSF Assay Platform?
The CNSide® CSF Assay Platform supports rapid diagnoses, treatment monitoring, and guidance for patients with leptomeningeal metastases.
How many CNSide® tests have been performed to date?
Over 11,000 CNSide® tests have been performed at more than 120 U.S. cancer institutions since 2020.
Where is CNSide Diagnostics based?
CNSide Diagnostics, LLC is based in Houston, Texas, where it operates a CLIA certified testing facility.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PSTV Insider Trading Activity
$PSTV insiders have traded $PSTV stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $PSTV stock by insiders over the last 6 months:
- ROBERT P LENK purchased 110,000 shares for an estimated $53,779
- ANDREW JOHN HUGH MACINTYRE SIMS (Chief Financial Officer) purchased 20,000 shares for an estimated $10,200
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PSTV Hedge Fund Activity
We have seen 18 institutional investors add shares of $PSTV stock to their portfolio, and 13 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VANGUARD GROUP INC added 1,414,286 shares (+4346.2%) to their portfolio in Q3 2025, for an estimated $966,947
- ALTIUM CAPITAL MANAGEMENT LLC added 918,914 shares (+inf%) to their portfolio in Q3 2025, for an estimated $628,261
- GEODE CAPITAL MANAGEMENT, LLC added 762,074 shares (+1489.1%) to their portfolio in Q3 2025, for an estimated $521,029
- UBS GROUP AG added 536,236 shares (+611.9%) to their portfolio in Q3 2025, for an estimated $366,624
- BLACKROCK, INC. added 462,429 shares (+6644.1%) to their portfolio in Q3 2025, for an estimated $316,162
- STATE STREET CORP added 341,893 shares (+inf%) to their portfolio in Q3 2025, for an estimated $233,752
- NORTHERN TRUST CORP added 265,489 shares (+inf%) to their portfolio in Q3 2025, for an estimated $181,514
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$PSTV Analyst Ratings
Wall Street analysts have issued reports on $PSTV in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- D. Boral Capital issued a "Buy" rating on 12/01/2025
- Ascendiant Capital issued a "Buy" rating on 11/21/2025
- HC Wainwright & Co. issued a "Buy" rating on 11/03/2025
- Maxim Group issued a "Buy" rating on 08/18/2025
To track analyst ratings and price targets for $PSTV, check out Quiver Quantitative's $PSTV forecast page.
$PSTV Price Targets
Multiple analysts have issued price targets for $PSTV recently. We have seen 4 analysts offer price targets for $PSTV in the last 6 months, with a median target of $4.0.
Here are some recent targets:
- Jason Kolbert from D. Boral Capital set a target price of $5.0 on 12/01/2025
- Edward Woo from Ascendiant Capital set a target price of $19.0 on 11/21/2025
- Sean Lee from HC Wainwright & Co. set a target price of $2.0 on 11/03/2025
- Jason McCarthy from Maxim Group set a target price of $3.0 on 08/18/2025
Full Release
HOUSTON, Dec. 11, 2025 (GLOBE NEWSWIRE) -- CNSide Diagnostics, LLC, a wholly-owned subsidiary of Plus Therapeutics, Inc. (Nasdaq: PSTV ) (“Plus” or the “Company”), a clinical-stage pharmaceutical company developing targeted radiotherapeutics with advanced platform technologies for central nervous system (CNS) cancers, announces that it has been granted lab licenses to provide the CNSide ® Cerebrospinal Fluid (CSF) Tumor Cell Enumeration (TCE) laboratory developed test (LDT) in California, Rhode Island and Maryland.
“CNSide Diagnostics is now licensed to provide our proprietary testing service in 48 of 50 U.S. states and obtaining state licensure is a key enabler of our plan to bring the benefits of CNSide CSF testing to the broadest possible set of patients with CNS cancers,” said Russ Bradley, CNSide Diagnostics, LLC President and General Manager. “We remain focused on executing on U.S. market access and launch strategy and look forward to continued expansion of coverage across payors and states.”
The CNSide ® CSF Assay Platform supports rapid diagnoses, treatment monitoring, and treatment guidance for patients with leptomeningeal metastases. The superior clinical utility of CNSide ® over standard of care has been shown in 9 peer-reviewed publications, the FORESEE clinical trial, and has been validated in the market through real-world use.
More than 11,000 CNSide ® tests have been performed at over 120 U.S. cancer institutions since 2020, delivering high sensitivity (92%) and specificity (95%), while influencing treatment decisions in 90% of cases.
This test is available exclusively through CNSide Diagnostics, LLC. as a testing service provided to health care professionals in the U.S.
CNSide Diagnostics, LLC performs the tests in its CLIA certified facility in Houston, TX.
About CNSide Diagnostics, LLC
CNSide Diagnostics, LLC is a wholly owned subsidiary of Plus Therapeutics, Inc. that develops and commercializes proprietary laboratory-developed tests, such as CNSide
®
, designed to identify tumor cells that have metastasized to the central nervous system in patients with carcinomas and melanomas. The CNSide
®
CSF Assay Platform enables quantitative analysis of the cerebrospinal fluid that informs and improves the management of patients with leptomeningeal metastases. For more information, visit
https://www.cnside-dx.com/
.
About Plus Therapeutics
Headquartered in Houston, Texas, Plus Therapeutics, Inc. is a clinical-stage pharmaceutical company developing targeted radiotherapeutics for difficult-to-treat cancers of the central nervous system with the potential to enhance clinical outcomes. Combining image-guided local beta radiation and targeted drug delivery approaches, the Company is advancing a pipeline of product candidates with lead programs in leptomeningeal metastases (LM) and recurrent glioblastoma (GBM). The Company has built a supply chain through strategic partnerships that enable the development, manufacturing, and future potential commercialization of its products. For more information, visit
https://www.plustherapeutics.com
.
Forward-Looking Statements
This press release contains statements that may be deemed “forward-looking statements” within the meaning of U.S. securities laws, including statements regarding the market for CNSide and the potential launch and test coverage expansion, including plans for additional payor agreements. All statements in this press release other than statements of historical fact are forward-looking statements. These forward-looking statements may be identified by future verbs, as well as terms such as “expect” “potential,” “anticipating,” “planning” and similar expressions or the negatives thereof. Such statements are based upon certain assumptions and assessments made by management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate.
The forward-looking statements included in this press release could differ materially from those expressed or implied by these forward-looking statements because of risks, uncertainties, and other factors that include, but are not limited to, the following: the Company’s ability to maintain the listing of its common stock on Nasdaq; the early stage of the Company’s product candidates and therapies; the results of the Company’s research and development activities, including uncertainties relating to the clinical trials of its product candidates and therapies; the Company’s liquidity position and capital resources and its ability to raise additional cash; the outcome of the Company’s partnering/licensing efforts, risks associated with laws or regulatory requirements applicable to it; market conditions, product performance, litigation or potential litigation, and competition within the cancer diagnostics and therapeutics field; ability to develop and protect proprietary intellectual property or obtain licenses to intellectual property developed by others on commercially reasonable and competitive terms; challenges associated with radiotherapeutic manufacturing, production and distribution capabilities necessary to support the Company’s clinical trials and any commercial level product demand; and material security breach or cybersecurity attack affecting the Company’s operations or property. This list of risks, uncertainties, and other factors is not complete. The Company discusses some of these matters more fully, as well as certain risk factors that could affect its business, financial condition, results of operations, and prospects, in its reports filed with the SEC, including its annual report on Form 10-K for the fiscal year ended December 31, 2024, quarterly reports on Form 10-Q, and current reports on Form 8-K. These filings are available for review through the SEC’s website at www.sec.gov . Any or all forward-looking statements the Company makes may turn out to be wrong and can be affected by inaccurate assumptions it might make or by known or unknown risks, uncertainties, and other factors, including those identified in this press release. Accordingly, you should not place undue reliance on the forward-looking statements made in this press release, which speak only as of its date. The Company assumes no responsibility to update or revise any forward-looking statements to reflect events, trends or circumstances after the date they are made unless the Company has an obligation under U.S. federal securities laws to do so.
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