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Advanced Dx, Inc.
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.
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
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especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.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
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | May. 2008 | Completed | View | View | Acquisition Asset Sale | View |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Aug. 2010 | View | A | Venture Capital | |
| Aug. 2010 | View | A | ||
| Details | Total Round A View | |||
| Total of Funding Shown Above View | ||||
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Detailed Business Description: Advanced Dx, Inc.
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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