Overview

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IPO / Stock
Went Public on Oct 9, 2014 / NASDAQ:GBSN
Total Equity Funding
$28M in 4 Rounds
Headquarters:
Salt Lake City, UT
Description:
Great Basin Corporation is a life sciences company commercializing technologies for the molecular, rapid diagnostic testing market.
Founders:
,
Categories:
Biotechnology, Health Diagnostics, Information Technology
Website:
http://www.gbscience.com
Social:

Company Details

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Great Basin Corporation is a privately held life sciences company. Great Basin Corporation commercializes breakthrough technologies for the molecular, rapid diagnostic testing market.

Great Basin Corporation is dedicated to developing simple yet powerful point-of-care technology and products that improve automation, throughput, scalability, reliability and ease-of-use in rapid diagnostic testing.

Great Basin’s technology—providing greater scalability of content—will empower health providers to diagnose infectious disease and define a clear treatment path sooner for improved patient outcomes, shorter hospital stays, and dollars saved in hospitalization costs per patient. This next-generation technology will ultimately limit the spread of deadly hospital-acquired superbugs by delivering pinpoint accuracy to diagnosis, significantly reducing medication errors, false positives, and antibiotic drug resistance.

In short, we will bring this technology to doctors’ offices and pharmacies, making molecular testing so simple and cost effective that every patient will be tested for every serious infection, reducing misdiagnoses and significantly limiting the spread of infectious disease.

Please visit our Technology and Product pages to learn more about our innovative approach to diagnostics.

Funding Rounds (5) - $96M

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DateAmount / RoundValuationLead InvestorInvestors
Jul, 2016$68M / Post Ipo Debt0
Apr, 2014$600k / Venture0
Dec, 2013$5.8M / Venture0
Jan, 2013$9.5M / Series B0
Feb, 2011$12.1M / Series A0

Current Team (6)

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Offices/Locations (1)

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  • Office

    2441 South 3850 West

    Salt Lake City, UT 84120

    USA

Past Team (1)

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Images (1)

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