Say that this test has a false positive 1 in 1000 times. If you test 100,000 people, you'll get 100 positives that need invasive further testing and followup, and 5 real pancreatic cancer cases.
Society will pay for 100,000 tests, and 105 cases of followup. You may cause lasting harm to some of those 105 people. And then it's not clear if you can improve the survival of the 5 pancreatic cancer cases much. They'll live longer after diagnosis (because you diagnosed earlier) but not necessarily longer overall.
(One other screening effect: You'll find more "real cancer" that is so slow growing that it may have always remained subclinical before the more sensitive testing; And the most serious cancers, you won't find so much sooner, because they grow so much in the interval between tests.)