Xagenic

Biotechnology, Health Diagnostics, Medical Device
Founded in 2010-01-01
Toronto, Ontario, Canada
For Profit

About Xagenic

Xagenic Inc., a Toronto, Canada-based molecular diagnostics company developing new technology for decentralized, rapid diagnostic testing, and a true point-of-care platform. Our aim is to enable on-demand, near-patient molecular testing, empowering clinicians in making treatment decisions for their patients at the time of the first consultation. This will dramatically improve patient care and reduce health care costs. Xagenic has adapted this technology to permit rapid, enzyme-free detection of nucleic acids from clinical samples. We are commercializing a simple and fully automated technology platform that will enable widespread decentralized diagnostic testing to be performed outside of clinical laboratories. Our team is developing infectious disease tests that will allow the detection of a variety of analytes in situations where rapid test turnaround will provide clinically actionable results.

Company Metrics

  • Employees: 51-100
  • Monthly Visits: None
  • Tech Stack: 7 active products

Financial Information

  • Estimated Revenue:
  • Total Funding: 60077922 USD
  • Last Funding: 15000000 CAD (Series B)
  • Funding Status: M&A

Technology Stack

Xagenic actively uses 7 products in their tech stack.

Market Presence

Industries: Biotechnology, Health Diagnostics, Medical Device

Headquarters: Toronto, Ontario, Canada