Company Overview

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Founders:
Shana Kelley
Headquarters:
Toronto
Funding:
$30M
Categories:
Biotechnology

Xagenic is a molecular diagnostics company developing on-demand molecular testing, facilitating faster treatment decisions for patients.

Description

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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.

Current Team (2)

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Board Members and Advisors (1)

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Funding Rounds (3) - $30M

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Investors (5)

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  • A79692dafc46b58ed2582dceaae5986e

    Qiagen

    QIAGEN N.V., through its subsidiaries, provides technologies and products for preanalytical sample..
  • E7294e4e867f035dea98830a8d0cf786

    CTI Capital

    Capital Security and Venture Capital
  • Cb default image

    Ontario Emerging Technologies Fund

    The OETF will co-invest — with qualified venture capital funds and other private investors —..
  • 948d51ee44830b2c07412345258dd9fd

    MaRS Investment Accelerator Fund

    MaRS is a non-profit organization that partners with entrepreneurs, researchers, business and..
  • 0a3acad2d1a668f5769bee7f82e0eb3a

    Domain Associates

    Founded in 1985, Domain Associates, L.L.C. is a venture capital firm with an exclusive focus on..

Offices/Locations (1)

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  • Office

    Toronto,

    CAN