AdvanDx
Company

Last deal

$2.5M

Amount

Debt Financing

Stage

17.03.2015

Date

3

all rounds

$49.7M

Total amount

date founded

Financing round

General

About Company
AdvanDx provides molecular diagnostic tests for identifying pathogens causing critical infections in hospitalized patients.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2002

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

The company offers its products to medical centers, reference labs, government institutions, and community hospitals through a network of sales force and distributors. AdvanDx uses its proprietary Peptide Nucleic Acid Fluorescence In Situ Hybridization (PNA FISH) technology platform, which employs a unique Whole Cell Analysis (WCA) approach to pathogen identification. This technology enables fast and highly accurate single cell analysis for bacterial species identification in samples from patients with critical infections. AdvanDx is the market leader in molecular testing of positive blood cultures, providing pathogen identification results 48 to 72 hours earlier than conventional testing methods. Clinical studies show that early, appropriate antibiotic therapy for patients with bloodstream infections using AdvanDx's PNA FISH® tests reduces patient mortality, shortens length of stay (LOS), and lowers hospital costs.
Contacts

Contact Email

Phone number

Social url

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M&A Details
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Transaction name

Acquired by

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announced date

14.07.2015

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3

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Their latest funding was raised on 17.03.2015. Their latest round Debt Financing

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People

Founders
1
Henrik Stender
Henrik Stender

Henrik Stender

Henrik Stender is the Owner at Stender Diagnostics. He previously worked as a Founder at AdvanDx.

current job

Stender Diagnostics
Stender Diagnostics

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2

Henrik Stender

Employee Profiles
20
Dennis H. Langer

Dennis H. Langer

Chairman of the Board & CEO

Activity

Recent News
0