Company intelligence / Profile preview

Foundation Medicine

Cambridge, Massachusetts, United Statesfoundationmedicine.com ↗
Ownership
Public · FMI
Employees
~1700
Development stage
Commercial
01

Overview

Foundation Medicine’s CGP tests are validated and widely used to inform clinical decision-making in oncology. They provide actionable insights for targeted therapies and immunotherapies by identifying clinically relevant genomic alterations. The company collaborates with biopharma partners to accelerate new therapy development but does not itself develop therapeutics. Clinical results focus on the utility of their diagnostics rather than direct patient outcomes.

Therapeutic areas
Oncology
Modalities
Comprehensive Genomic Profiling (CGP)Next-Generation Sequencing (NGS)Diagnostic ServicesMolecular Information Services
Industry
Molecular Diagnostics
02

Drug pipeline

4 assets

FoundationOne CDx

Commercial
Indications
Solid tumors

3 more assets in the full pipeline.

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03

Partnerships

Major partnership with Roche Group since full acquisition in 2018Collaborations with multiple biopharma companies for companion diagnostics developmentBroad InstituteDana-Farber Cancer InstituteHarvard Medical SchoolMIT
04

Financials

Market cap
$0
Total revenue
$57M
Enterprise value
$56.6M

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