Cholestech
Rapid point-of-care diagnostics enhancing patient care with immediate results and comprehensive support
About Cholestech
Abbott's Global Point of Care division specializes in rapid diagnostic testing solutions, catering primarily to healthcare professionals and institutions. Operating in the medical diagnostics market, the business focuses on providing point-of-care testing (POCT) systems that deliver quick and reliable results, crucial for timely medical decision-making. Their product offerings include the i-STAT system, which allows for wireless diagnostic testing and seamless integration with electronic medical records (EMR), and the Cholestech System, which aids in heart disease counseling during office visits. Abbott's business model revolves around the sale of diagnostic equipment and consumables, generating revenue through product sales and ongoing technical support services. The company empowers healthcare professionals with educational resources through platforms like myPOCacademy, ensuring they stay informed about the latest advancements in POCT. Abbott's solutions are designed to improve patient outcomes by enabling faster diagnosis and treatment, although product availability may vary by region.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Feb 1991 | $24M | $96M | Undisclosed | — |
Growth signals
Latest recorded traffic for Cholestech is 620K monthly website visits, up 106.7% over the last three months. Cholestech's team declined 17.3% over the past year.
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Global footprint
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Market sentiment
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