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BioFire Diagnostics
A biotech company that detects pathogens and mutations for molecular diagnostics
About BioFire Diagnostics
BioFire Diagnostics, LLC, a leader in syndromic infectious disease testing, operates in the in vitro diagnostics market. This company specializes in molecular diagnostics, which involves analyzing biological markers in the genome and proteome to diagnose diseases. BioFire's flagship product, the BioFire System, is renowned for its speed, simplicity, and comprehensive testing capabilities. It can deliver accurate results in about one hour, making it a valuable tool for clinical laboratories that require around-the-clock molecular testing.
BioFire primarily serves clinical laboratories and healthcare providers who need rapid and reliable diagnostic tools to identify infections based on symptoms. The company’s syndromic testing approach allows for the simultaneous detection of multiple pathogens from a single patient sample, which is crucial for timely and accurate diagnosis. This method is particularly beneficial in identifying complex infections where symptoms may overlap, such as respiratory, gastrointestinal, and other infectious diseases.
The business model of BioFire Diagnostics revolves around the sale of its BioFire System and the associated test panels. These panels are designed to detect a wide range of pathogens, and the company generates revenue through the sale of these diagnostic kits. Additionally, BioFire offers ongoing support and maintenance services for its systems, ensuring that clients receive continuous and reliable performance.
BioFire Diagnostics operates globally, with FDA-cleared and CE IVD-marked assays, which means their products meet the regulatory standards in the United States and Europe. This global reach allows the company to support public health initiatives worldwide, reinforcing its mission to improve public health through advanced diagnostic solutions.
In summary, BioFire Diagnostics is a pioneering company in the field of molecular diagnostics, providing rapid and comprehensive syndromic testing solutions to clinical laboratories and healthcare providers. Their innovative BioFire System sets the standard for infectious disease diagnostics, ensuring accurate and timely results.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 1990
- Headquarters
- Salt Lake City, United States
- Employees
- 608
- Open positions
- 37
- Dealroom signal
- 63.0/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, DNA, Infections and Infectious Diseases, Genetics and genomics, Molecular Biology, Health Diagnostics, Spinout, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Jan 2014 | $450M | $450M | BioMérieux | ↗ |
| LATE VCOther financing | May 2013 | $45M | $180M | Athyrium Capital Management | — |
Growth signals
Latest recorded traffic for BioFire Diagnostics is 15K monthly website visits, down 34.8% over the last three months. BioFire Diagnostics's team declined 10.6% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
Athyrium Capital Management
Other known investors2 additional known investors
BioMérieux
University of Utah
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about BioFire Diagnostics on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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