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General Information

Websitexagenic.com
CategoryBioTech
Employees

Offices

Toronto, CAN

People

Founder and CTO
Board of Directors
Executive Chairman

Funding

TOTAL $30M
FUNDING TOTAL $30M
Venture Round, 2/2011
MaRS Investment Accelerator Fund
Series A, 1/2012
CTI Capital
Ontario Emerging Technologies Fund
Qiagen
$10M
Series B, 12/2013
Domain Associates
Ontario Emerging Technologies Fund
CTI Capital
$20M

Tags

Xagenic

Xagenic Inc., a Toronto, Canada-based molecular diagnostics company developing a new technology for decentralized, rapid diagnostic testing and a true point-of-care platform. Our aim is to enable on-demand, near patient molecular testing, empowering clinicians in making treatment decisions for their patients at the time of first consultation. This will dramatically improve patient care and reduce health care costs. Xagenic has adapted this technology to permit rapid, enzyme-free detection of nucleic acids from clinical samples.

We are commercializing a simple and fully automated technology platform that will enable widespread decentralized diagnostic testing to be performed outside of clinical laboratories. Our team is developing infectious disease tests that will allow the detection of a variety of analytes in situations where rapid test turnaround will provide clinically actionable results.

Recent Milestones

Videos

Screenshots

Sources

  1. Mars Investment Accelerator Fund source [edit]
  2. Xagenic Closes $10M Series A Financing (finsmes.com) [edit]
  3. Xagenic Closes $20 Million Series B Financing (finsmes.com) [edit]
  4. Xagenic to Receive up to $990K from Government of Canada (finsmes.com) [edit]
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Last Edited 12/2/13

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