Last deal

$41M

Amount

Series A

Stage

03.04.2023

Date

2

all rounds

$68.28M

Total amount

date founded

Financing round

General

About Company
Mercy BioAnalytics is a biotechnology company that uses a liquid biopsy assay platform to detect early-stage cancer.

Industry

Sector :

Subsector :

founded date

01.01.2018

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

The Natick, Massachusetts-based company, founded in 2018 by Paul Blavin and Joseph Sedlak, focuses on the early detection of ovarian and lung cancers. Their Mercy Halo platform detects stage I cancer, enabling healthcare providers to find cancer early and improve the chances of a cure. By developing a multi-cancer screening blood test, Mercy BioAnalytics aims to enhance the quality of life for cancer patients and their families.
Contacts

Phone number

Social url

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Their latest funding was raised on 03.04.2023. Their latest investor Novalis LifeSciences. Their latest round Series A

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People

Founders
2
Joseph Sedlak
Joseph Sedlak

Joseph Sedlak

Joseph is the Co-Founder and Chief Scientific Officer of Mercy BioAnalytics. Joseph graduated summa cum laude from the University of Michigan with a degree in biomedical engineering and entered the M.D./Ph.D. program at Harvard Medical School to pursue his mission to improve the lives of those with cancer. Since arriving at Harvard, Joseph focused on reducing the mortality and morbidity of cancer by seeking clinical opportunities to help care for cancer patients and studying in several research labs across Harvard and MIT. These research experiences included modeling the evolution of cancer resistance to small molecules, studying immunotherapy resistance, and biomarker assay development. Informed by his experiences working with patients and the body of ongoing cancer research, Joseph critically assessed early detection as the largest unmet need in the field of oncology. The majority of early-stage, localized cancers can be cured by surgery alone. However, as cancer progresses and distant metastases have developed, surgery is rarely curative. After gaining insight into the challenges of early cancer detection and seeing the need for detecting cancers earlier go unmet, Joseph dedicated his efforts to improving cancer screening by co-founding Mercy BioAnalytics. Joseph is now on an authorized leave of absence from Harvard Medical School and plans to return to his fifth year in the M.D./Ph.D. program after seeing Mercy’s technology reach patients in prospective randomized clinical trials.

current job

Mercy BioAnalytics
Mercy BioAnalytics

organization founded

1

Joseph Sedlak

Paul Blavin
Paul Blavin

Paul Blavin

Paul is the co-founder and CEO of Mercy BioAnalytics. He began his career in 1986 as an investment banker with Citibank and Donaldson, Lufkin & Jenrette. He then served as the President of First Mercury Financial Corporation, a publicly-traded insurance company. He also co-founded and managed a private investment partnership – PWB Value Partners, L.P. – which began with three investors and $3.2 million under management. Over 14 years, the business grew to more than 80 investors and approximately $2.0 billion, consistently outperforming the S&P 500 Index, net of all fees and expenses. Paul was born and raised in Southfield, Michigan just outside of Detroit. He graduated Phi Beta Kappa with High Distinction with a BBA in Accounting from the University of Michigan and earned an MBA at Harvard Business School.

current job

Mercy BioAnalytics
Mercy BioAnalytics

organization founded

1

Paul Blavin

Employee Profiles
3
Dawn Mattoon

Dawn Mattoon

Chief Operating Officer

Paul Blavin

Paul Blavin

CEO & Co-Founder

Joseph Sedlak

Joseph Sedlak

CSO & Co-Founder

Activity

Recent News
3
News Timeline

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