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saladax.com

Founded Year

2004

Stage

Loan | Alive

Total Raised

$49.86M

Last Raised

$100K | 2 yrs ago

About Saladax Biomedical

Saladax Biomedical develops and commercializes diagnostic assays for the practical delivery of personalized medicine. The company's line of MyCare assays improves the efficacy of existing drugs through optimized dosing. Saladax's initial focus is oncology, with a portfolio of 13 chemotherapy drug dose management assays in various stages of development. Three MyCare assays are currently offered to the oncology community: My5-FU, MyPaclitaxel and MyDocetaxel. Saladax's MyCare line also serves the central nervous system (CNS) field, with two antipsychotic drug dose management assays.

Saladax Biomedical Headquarter Location

116 Research Drive

Bethlehem, Pennsylvania, 18015,

United States

610-419-6731

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Expert Collections containing Saladax Biomedical

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Saladax Biomedical is included in 3 Expert Collections, including Medical Devices.

M

Medical Devices

11,590 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

C

Cancer

3,605 items

Companies researching, developing, or offering products & services that aid in the screening, prevention, diagnosis, management, and treatment of cancer.

H

Health IT

7,900 items

Saladax Biomedical Patents

Saladax Biomedical has filed 26 patents.

The 3 most popular patent topics include:

  • Fluoroarenes
  • Immunology
  • Nootropics
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/18/2013

11/3/2020

Proteins, Transcription factors, Clusters of differentiation, Molecular biology, Human proteins

Grant

Application Date

12/18/2013

Grant Date

11/3/2020

Title

Related Topics

Proteins, Transcription factors, Clusters of differentiation, Molecular biology, Human proteins

Status

Grant

Latest Saladax Biomedical News

Saladax Biomedical, Inc. Acquires Intellectual Property Portfolio for Antipsychotic Drug Tests

Apr 5, 2022

April 05, 2022 09:05 AM Eastern Daylight Time BETHLEHEM, Pa.--( BUSINESS WIRE )--Saladax Biomedical, Inc. (Saladax) is pleased to announce that it has acquired a patent portfolio for antipsychotic drug testing from Janssen Pharmaceutica NV. This intellectual property (IP) portfolio includes 17 patent families and has resulted in 33 U.S. patents and 296 patents in ex-U.S. countries. This IP, along with the current Saladax IP, covers the major antipsychotic drugs that are prescribed worldwide and places Saladax in a premier position in the antipsychotic drug testing field. With this IP portfolio, Saladax has developed tests for chemistry analyzers commonly found in hospitals and a point-of-care instrument that can be used where centralized testing is not possible. These tests address a significant unmet clinical need for patients with serious mental illness (SMI) by providing rapid, actionable results to health care professionals (HCP). International and U.S. clinical guidelines have recently been established recommending antipsychotic drug testing. The availability of these tools will greatly enhance the ability of health care professionals to better manage their patients in real time. SMI is a significant public health concern. The estimated economic impact of SMI worldwide is more than $2.5 trillion each year with the number of people that SMI affects growing rapidly. In the U.S. current data shows that more than 13 million adults in the U.S. experienced SMI in the past year. That is more than 3% of the adult population.1 Saladax is well positioned as the leading diagnostic company in the field of antipsychotic drug testing with a full panel of antipsychotic tests already on the market and a solid pipeline of new products. “This is a very exciting time for Saladax and the field of therapeutic drug monitoring (TDM).” stated Sal Salamone, Founder and CEO of Saladax. “The availability of antipsychotic testing is arguably the most significant step in the field of TDM since the launch of the Abbott Diagnostics TDx platform back in the 1980’s.” About Saladax Biomedical, Inc. Headquartered in Bethlehem, PA, Saladax Biomedical, Inc. is a privately held company that develops, manufactures, and markets assays that provide rapid therapeutic drug levels for essential and life-saving medicines prescribed by psychiatrists and oncologists. Since 2007, Saladax's proprietary technology has been used in clinical laboratories or point-of-care settings to assist clinicians in monitoring and optimizing patient care. Additionally, the company collaborates with leading pharmaceutical companies to develop tests for clinical trials and companion diagnostics. For more information, visit MyCareTests.com . Bessonova L, Ogden K, The Economic Burden of Bipolar Disorder in the United States: A Systematic Literature review 2011. doi: 10.2147/CEOR.S259338

Saladax Biomedical Web Traffic

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  • When was Saladax Biomedical founded?

    Saladax Biomedical was founded in 2004.

  • Where is Saladax Biomedical's headquarters?

    Saladax Biomedical's headquarters is located at 116 Research Drive, Bethlehem.

  • What is Saladax Biomedical's latest funding round?

    Saladax Biomedical's latest funding round is Loan.

  • How much did Saladax Biomedical raise?

    Saladax Biomedical raised a total of $49.86M.

  • Who are the investors of Saladax Biomedical?

    Investors of Saladax Biomedical include Ben Franklin Technology Partners of Northeastern PA, Fosun Pharmaceutical, GE Capital, Life Sciences Greenhouse of Central Pennsylvania, Delaware Crossing Investment Group and 5 more.

  • Who are Saladax Biomedical's competitors?

    Competitors of Saladax Biomedical include WaveForm Diabetes, Integrated Diagnostics, Foundation Medicine, Third Eye Diagnostics, EraGen Biosciences and 11 more.

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