Talis Biomedical

Molecular diagnostic tests for infectious diseases

California, United States

About Talis Biomedical

Talis Biomedical Corporation specializes in molecular diagnostic tests that are designed for point-of-care testing, particularly for infectious diseases like COVID-19. Their main product, the Talis One COVID-19 Test System, allows healthcare providers to conduct tests and receive results directly at the location of care, such as hospitals and clinics. This system is capable of accurately detecting the SARS-CoV-2 virus and its variants, including Omicron. What sets Talis apart from its competitors is its focus on providing lab-quality results quickly and conveniently, which helps healthcare providers make timely decisions regarding patient care. The goal of Talis Biomedical is to enhance the accessibility and efficiency of diagnostic testing, ultimately improving patient outcomes and aiding in the management of infectious diseases.

None, CaliforniaHeadquarters
2010Year Founded
$8.4MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
11-50Employees

Risks

Increased competition from established companies like Abbott and Roche.
Class action lawsuits could lead to financial liabilities and reputational damage.
Closure of Redwood City labs may disrupt operations and delay product development.

Differentiation

Talis offers rapid, point-of-care molecular diagnostics for infectious diseases.
The Talis One platform is cloud-enabled, allowing real-time data sharing and integration.
Talis focuses on lab-quality results at the point of care, enhancing healthcare delivery.

Upsides

Growing demand for decentralized healthcare boosts Talis's point-of-care testing solutions.
Advancements in microfluidics align with Talis's compact diagnostic devices.
Regulatory fast-tracking may accelerate Talis's product launch timelines.

Funding

Total raised$8.37 M
StageIPO
GRANT
4/30/2018
$9