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Advanced Dx, Inc.

Private Company Ticker Symbol™: (ADVADXP)

Business Summary

Advanced Dx, Inc. is a privately-held, venture capital backed medical devices and equipment company that specializes in diabetic testing. Advanced Dx provides physicians a turn-key solution for diagnosing, testing, and treating diabetes patients. Advanced Dx services seek to lower the equipment investment and staffing costs of doctors. Founded in 2008, Advanced Dx, Inc. is headquartered in Holliston, Massachusetts.

Jump to Advanced Dx, Inc.: Detailed Business Description for more details on Advanced Dx, Inc. products and services, financial structure, Advanced Dx, Inc. major business events, and more.

Overview & Corporate Organization

Basic Information

Company Tags:VC Backed
Year Founded:2008
Fiscal Year End:12/31
City:Holliston
State/Province:Massachusetts
Country:United States
Phone:View

Corporate Organization

Brands:
Advanced Diagnostics
Eyetel Imaging
Founders:
Gary Gregory

Industry Information

Industry Codes

PICS™:700505
NAICS:View
SIC:View

PrivCo Industries (Sector > Industry > Sub-Industry)

Healthcare > Medical Devices & Equipment > Medical Diagnostic Equipment

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Mergers & Acquisitions

PrivCo's M&A Activity table for Advanced Dx, Inc. displays the mergers and acquisitions involving Advanced Dx, Inc., for example if Advanced Dx, Inc. acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
DetailsMay. 2008CompletedViewViewAcquisition
Asset Sale
View

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VC/Funding Activity

PrivCo's VC/Funding Activity table for Advanced Dx, Inc. displays the venture capital rounds, angel investments, debt or other funding raised by Advanced Dx, Inc..
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DateInvestorRoundInvestor Type
Aug. 2010ViewAVenture Capital
Aug. 2010ViewA
DetailsTotal Round A View
Total of Funding Shown Above View

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Detailed Business Description: Advanced Dx, Inc.

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Advanced Dx, Inc. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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Business Model

Advanced Dx, Inc. provides testing equipment and personnel for diagnosis of clinical conditions including diabetic retinopathy, neuropathies, and peripheral vascular disease. Advanced Dx gives primary care physicians the ability to diagnose these conditions so they can keep patients in house and generate revenue from diagnostic procedures. Advanced Dx services eliminate the need for practices to make the heavy investment in personnel, equipment, and training needed to diagnose common conditions, lowering the overall cost of clinical condition detection.

The ADx Service Delivery Model allows Advanced Dx technicians to deliver equipment and perform tests on site at primary care practices. The ADx service can be delivered on a weekly or monthly basis according to how frequently the practice requires testing. An estimated 1 in 6 patients that visit primary care physicians have diabetes, neuropathies, and peripheral vascular disease, the conditions that ADx diagnoses.

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