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Quidel

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Quidel - Immunoassays & Molecular Diagnostics Healthcare Solutions

San Diego, United StatesFounded 1979Biotech & Life Sciences
Valuation $908M Market cap · 2026
Revenue $2.54B Latest reported FY
EBITDA $550M Latest reported FY

About Quidel

Quidel Corporation, established in 1979, is a prominent player in the medical diagnostics industry. The company specializes in developing, manufacturing, and marketing diagnostic testing solutions. Quidel's product portfolio includes a wide range of diagnostic tests that are used to detect various diseases and conditions. These products are primarily used by healthcare professionals in hospitals, clinics, and laboratories.

Quidel operates in the global healthcare market, with a strong focus on infectious diseases, reproductive health, bone health, and virology. The company has established itself as a leader in several diagnostic categories, including lateral flow tests, direct fluorescent antibody (DFA) tests, microtiter plate-based tests, fluorescent immunoassays, and molecular diagnostic products.

The company's business model revolves around the development and commercialization of innovative diagnostic tests. Quidel invests heavily in research and development to create new products and improve existing ones. The company generates revenue by selling its diagnostic tests and related products to healthcare providers and institutions. Additionally, Quidel has expanded its product base through strategic acquisitions, further enhancing its market presence and product offerings.

Quidel's recent achievements include the development of a rapid antigen test for detecting COVID-19, which received emergency use authorization from the FDA. This test is notable for being faster, cheaper, and simpler than traditional diagnostic methods, making it a valuable tool in managing the pandemic.

In summary, Quidel Corporation is a key player in the medical diagnostics industry, providing innovative and reliable diagnostic solutions to healthcare professionals worldwide. The company's commitment to research and development, coupled with its strategic acquisitions, has positioned it as a leader in the market.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1979
Headquarters
San Diego, United States
Listing
IPO 1981
Employees
493
Open positions
None listed
Dealroom signal
30.8/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Diabetes, Biotechnology, Oncology, Molecular
Business model
Manufacturing
Client focus
b2b
Investment activity
5 companies, latest May 2022
Capital deployed
—
Preferred round
ACQUISITION

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANT✓Other financing May 2020 $635K — Undisclosed —
IPO✓Exit Aug 1981 $0 — Undisclosed —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $2.5B -6.8% $550M 21.6% −$282M -11.1% $186M
2025 $2.7B -1.9% $489M 17.9% −$1.1B -41.5% $186M
2024 $2.8B -7.2% $492M 17.7% −$2.1B -73.7% $219M
2023 $3B -8.2% $691M 23.1% $247M
2022 $3.3B +92.3% $1.1B 33.8%
2021 $1.7B +2.2% $916M 53.9%
2020 $1.7B — $1.1B 64%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Quidel website traffic

Latest recorded traffic for Quidel is 62K monthly website visits, down 33.3% over the last three months. Quidel's team declined 14.3% over the past year.

Latest monthly visits62K 3-month web change-33.3% 1-year team growth-14.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
MapmygenomeA molecular diagnostics company Hyderabad, India Operational 128 $1.1M $4.4M
PharmaCyte BiotechPharmaCyte Biotech is a clinical stage biotechnology company focused on developing and preparing to commercialize treatments for cancer and diabetes based upon a proprietary cellulose-based live cell encapsulation technology known as “Cell-in-a-Box® Las Vegas, United States Operational
Foventa TherapeuticsTopical small-molecule therapeutics for retinal vascular diseases Cambridge, United Kingdom Operational
IntellectUpA new technology platform, that it checking the risk of any existing disease or disease that can occur in a certain period Holon, Israel Operational
SyapseCreating a unified ecosystem and delivering clinical, programmatic, and valuable real-world data insights to advance precision medicine in the field of oncology West Whiteland Township, United States Acquired
MedGenome LabsA genomics-driven research and diagnostics company with a mission to improve global health by decoding the genetic information contained in an individual’s genome Foster City, United States Operational
CureJoyPlatform that provides reliable information on alternative and holistic healthcare from the experts in the field Bengaluru, India Operational
AstraZenecaBiopharmaceutical solutions for major global diseases Cambridge, United Kingdom Operational
Showing 8 of the closest matchesCompare every metric →

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Other known investors2 additional known investors

  • HHS Administration for Strategic Preparedness and Response
  • US Biomedical Advanced Research and Development Authority
Team profiled 24 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · San Diego HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Quidel 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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