Company intelligence / Profile preview

The Binding Site

Birmingham, United Kingdomthermofisher.com ↗
Ownership
Private
Employees
~1100
Development stage
Commercial
01

Overview

The Binding Site’s diagnostic products—especially Freelite®—are globally recognized as the gold standard for diagnosis and monitoring of multiple myeloma. Their tests are recommended by major clinical guidelines (IMWG) for all stages of disease management. They have a strong track record of innovation in specialty protein diagnostics with over 4,300 supporting publications. Their business has grown at ~10% annually with revenues exceeding $220 million in 2022 prior to acquisition by Thermo Fisher Scientific

Therapeutic areas
OncologyImmunologyInfectious Diseases
Modalities
Diagnostic assay (Immunoassay)Protein analysis instrumentation
Industry
Protein Biomarker Diagnostics
02

Drug pipeline

2 assets

Freelite

Commercial
Indications
Multiple Myeloma, MGUS

1 more asset in the full pipeline.

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