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T2 Biosystems
Foxboro, Massachusetts, United Statest2biosystems.com ↗
- Ownership
- Public · TTOO
- Employees
- ~113
- Development stage
- Commercial
01
Overview
T2 Biosystems developed and commercialized rapid molecular diagnostic tests using its proprietary magnetic resonance technology. Its FDA-cleared products included the T2Candida Panel and the T2Bacteria Panel for direct-from-blood identification of fungal and bacterial bloodstream infections. The company also advanced a pipeline including a resistance gene panel, a biothreat panel, a Candida auris panel, and a Lyme disease test. Clinical studies demonstrated improved speed to result compared to traditional blood cultures.
- Therapeutic areas
- Infectious Diseases
- Modalities
- DeviceMolecular diagnostic test (in vitro diagnostics)Nucleic acid amplification technology (for pathogen detection)Nanoparticle-based detection system
- Industry
- Molecular Diagnostics
02
Financials
- Market cap
- $28K
- Total revenue
- $2M
- Enterprise value
- $16.9M
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