{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgN6u25QLDA","lastupdate":"2022-08-26T00:00:00.000Z","update_date":"2022-08-26T00:00:00.000Z","lastModified":"Sep 7, 2024","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"memed-diagnostic","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$rQVDcOinJIcywO98WUQJbeArB37xbMaXORUwWOpCx4sFVsUxG3vuEW","name":"MeMed Diagnostics","oneliner":"Diagnostic Tools for Infectious Diseases","registrar":"514288885","website":"https://www.me-med.com","careerspage":"https://www.me-med.com/careers","founded_month":6,"founded_year":2009,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/memeddx","youtube":"","facebook":"https://www.facebook.com/Memed.diagnostics","linkedin":"https://www.linkedin.com/company/2500897","instagram":""},"social":["https://twitter.com/memeddx","https://www.facebook.com/Memed.diagnostics","https://www.linkedin.com/company/2500897"],"flattenedsociallinks":"https://twitter.com/memeddx|https://www.facebook.com/Memed.diagnostics|https://www.linkedin.com/company/2500897","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"51-200","employees_exact":105,"patent":1,"raised":223429159,"stage":"E","public_stage":"E","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4LuwgtgKDA","primary_sector":"Health Tech & Life Sciences","alternativenames":[""],"about":"MeMed Diagnostics has developed and validated an immune-based protein signature, MeMed BV, which distinguishes between bacterial and viral infections, providing a powerful tool in the fight against resistant strains of bacteria.\r\n\r\nAn ELISA format of MeMed BV called ImmunoXpert is cleared for use in the EU (CE-IVD), Switzerland, and Israel and is currently in pilot distribution in these areas.\r\n\r\nMeMed is also developing MeMed Key, a platform that paves the way for measuring multiple proteins and signatures, both conventional and innovative, with central lab precision at the point of care. MeMed Key will measure MeMed BV within minutes.\r\n\r\nIn September 2021, the company was granted 510(k) clearance by the FDA for MeMed BV for adults and children.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"+97248500302","country":null,"address":{"israeli":[{"id":"ca330458-6b16-409f-adb8-1cad7ddc19c3","city":"Tirat Carmel","type":null,"address":"Nahum Het St 5, Tirat Carmel, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":null},"headquarter_address":null,"district":"North District","news":[{"id":"2d44c179-aa29-40c3-a20a-1492fdd36244","date":"Jun 7, 2022","link":"https://www.investegate.co.uk/memed/gnw/maccabi-healthcare-services-announces-it-is-the-first-hmo-in-the-world-to-include-memed-bv--174--test-as-part-of-routine-care/20220607070000H7570/","source":"www.investegate.co.uk","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"SmwD57qHGOUdBxRRzvHOT8J01GtXFa6ByTFqg7QtRau9bxzsmxMmXF","news_summary":"Investegate MeMed Announcements  MeMed: Maccabi Healthcare Services announces it is the first HMO in the world to include MeMed BV® test as part of routine care","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"e93713ec-60cc-40f0-85ae-6ab84a0a2781","date":"Jan 10, 2022","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3926819,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"FDA approval, funding","company":"MeMed","layoffs":null,"summary":"Israeli healthtech company MeMed has completed a $93 million Series E funding round, bringing its total funding to over $200 million. The funding round included new and existing investors, and the companys valuation has significantly increased. MeMed recently received FDA approval for its MeMed BV test, which helps healthcare providers distinguish between bacterial and viral infections. The company plans to focus on manufacturing in the U.S. and Europe, commercializing its product, and expanding its range of diagnostic solutions. MeMed was founded in 2009 and employs 100 people in Israel, Europe, and the U.S.","partners":null,"customers":null,"investors":["Horizons Ventures","Shavit Capital","Social Capital","La Maison Partners","Touchwood Capital","Caesarea Medical Holdings","Union Tech Ventures","ClaI Insurance","Phoenix Insurance","Poalim Equity","Western Technology Investment","U.S. Department of Defense","EU Commission"],"confidence":9,"key_topics":["FDA approval","funding","diagnostic solutions","expansion","manufacturing"],"date_of_event":"2022-01-10","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$93 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"cHN4PrT5e4BdZgaJwxsgoxC88tNCECXs1YPPRL6nsiGr6FnULYzN2J","news_summary":"MeMed raises $93 million to translate the immune system","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"a1dd0fa5-4c89-4602-b160-36f1e956a5ca","date":"Sep 20, 2021","link":"https://nocamels.com/2021/09/memed-diagnostics-medical-fda-clearance/","source":"nocamels.com","visible":1,"analysis":{"tags":["medical solutions","FDA clearance","antibiotic resistance"],"company":"MeMed Diagnostics","layoffs":null,"summary":"MeMed Diagnostics has received 510(k) clearance from the FDA for its test, MeMed BV, which can distinguish between bacterial and viral infections. The test analyzes the bodys immune response to infection, allowing for better-informed antibiotic treatment decisions. The FDA clearance is a breakthrough moment for MeMed and its host-response technology. The company plans to ramp up commercial activities in the US to ensure broad availability of its products.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["MeMed BV","bacterial and viral infections","antibiotic resistance","FDA clearance","host-response technologies"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"n6LTaUEzXSlAz9UX165AtMSCf4hp5HmmvQU1ADxTXJtfrF60vWE1hP","news_summary":"Israeli Firm MeMed Receives FDA Clearance For Infection Test","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c54a000a-1825-475f-b089-51d3d4d018af","date":"Jul 27, 2021","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3913362,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"diagnostic tool, infectious diseases","company":"MeMed","layoffs":null,"summary":"Israeli diagnostic tool company MeMed has received the CE Mark in Europe for its new disease management solution called MeMed Covid-19 Severity. The solution uses machine learning to stratify the risk of severe outcomes from the disease. MeMed aims to help physicians identify Covid-19 patients at risk of severe outcomes and manage future pandemics. The companys long-term vision is to transform the way infections are detected and managed by harnessing the power of the host immune response. MeMed Covid-19 Severity will be available in Europe directly from MeMed and through commercial channels. MeMed has received $130 million in fundraising and grants from investors including the European Innovation Council and OurCrowd.","partners":null,"customers":null,"investors":["European Innovation Council","OurCrowd"],"confidence":9,"key_topics":["CE Mark","MeMed Covid-19 Severity","machine learning","host immune response","Delta variant"],"date_of_event":"2021-07-27","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"7kPI0RkyaSEEwCzYs1FL2Mq7sVmFQqdYc4xXzMz64M8e7DgE94NEhr","news_summary":"MeMed's Covid-19 severity test receives its CE Mark to predict severe outcomes","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"52024dce-7659-49f0-b908-60219bf232d9","date":"Feb 23, 2021","link":"https://www.globes.co.il/news/article.aspx?_atscid=7_134353_204082920_1780334_0_Txtetaxjxdshwhus8sp&did=1001361699","source":"www.globes.co.il","visible":1,"analysis":{"tags":"Healthcare, Diagnostics","company":"מימד","layoffs":"Not mentioned","summary":"Israeli company MeMed, co-founded by Dr. Eran Eden and Dr. Kfir Oved, has developed a new capability to predict which COVID-19 patients are likely to deteriorate into severe illness. The company reads this information from the immune system response and is the only company currently doing so. MeMeds product is already approved for use in Israel and Europe and is nearing the end of a clinical trial for FDA approval. The company has raised around $100 million in funding and plans to grow by 30-40% in the coming year.","partners":"Not mentioned","customers":"Not mentioned","investors":"Horizons Ventures, Social + Capital, כלל, הפניקס, CME, FOXCONN, Ping An, WTI","confidence":8,"key_topics":"Disease Detection, Investment, Expansion","date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$100 million","structured_issues":"Investment, Expand","acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment, Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Vis5aQBJK6TND8SWhJZnRAJHfFpGO9slRMdBnGLKDvqqYZHySlYDH2","news_summary":"MeMed פיתחה בדיקה שתנבא האם מצבו של חולה קורונה עומד להחמיר","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"9c936f6b-e81b-46ad-becf-e06d17d26c3f","date":"Oct 25, 2020","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3865516,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"biotechnology, healthcare","company":"MeMed Diagnostics Ltd.","layoffs":null,"summary":"MeMed Diagnostics Ltd., an Israeli biotechnology company, has developed innovative technology that analyzes immune responses to infections. Their products, MeMed BV and MeMed Key, use multi-analytes and machine learning algorithms to determine whether a patients infection is viral or bacterial, helping doctors make informed decisions about treatment. The company has received clearance in Israel, Switzerland, and Europe, and is working towards approval in the U.S. MeMeds technology aims to address the overuse of antibiotics and the growing prevalence of antibiotic-resistant bacteria. The company has attracted investors, including Solina Chau from Horizons Ventures. The technology has potential applications in the fight against COVID-19, providing insights into infection severity and patient response to treatment. MeMeds goal is to revolutionize healthcare by improving the understanding of immune system responses to infections.","partners":null,"customers":null,"investors":"Solina Chau","confidence":9,"key_topics":["immunological research","MeMed BV","MeMed Key","immune responses","antibiotic resistance"],"date_of_event":"2020-10-26","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Investment","Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"CGteLIjKQRhr752BneVH1Y2834Sj29p6Kqs0LZmTgCesXK5WgxezBo","news_summary":"MeMed analyzes complex immune responses to answer simple health questions","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"9472f8cf-3fa4-4a2c-abc5-e4d789c6c1de","date":"Sep 8, 2020","link":"https://www.globenewswire.com/news-release/2020/09/08/2089723/0/en/DiaSorin-and-MeMed-partner-to-develop-and-commercialize-novel-host-immune-response-based-diagnostics-solution.html","source":"www.globenewswire.com","visible":1,"analysis":{"tags":"partnership","company":"DiaSorin","layoffs":null,"summary":"DiaSorin and MeMed have formed a strategic partnership to develop and commercialize a novel host immune response-based diagnostics solution. DiaSorin has obtained the rights to commercialize MeMed BV™ test on its LIAISONÒ family of analyzers, which will be available on over 5,000 LIAISONÒ XL and LIAISONÒ XS platforms worldwide. The MeMed BV™ test accurately differentiates between bacterial and viral infections, providing fast and better-informed treatment decisions. The test has been extensively validated and has received regulatory clearances. This partnership will allow DiaSorin to incorporate a cutting-edge test in its menu and expand its innovative technology to customers globally. The partnership is expected to improve patient outcomes and potentially lead to cost savings for the healthcare system.","partners":"MeMed","customers":null,"investors":null,"confidence":9,"key_topics":["Diagnostics","Host immune response","Bacterial vs. viral infections","MeMed BV™ test","DiaSorin"],"date_of_event":"September 8, 2020","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"RjvtQmlG8U9OnLtccLQRBDRMnQ0u9DZc0zsxtaPV6RTExwFKCvLdSM","news_summary":"DiaSorin and MeMed partner to develop and commercialize novel host immune response based diagnostics solution","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"20a9ba3d-aa8e-4d0d-b97e-6e6c818fc7d8","date":"Jul 23, 2020","link":"https://www.globenewswire.com/news-release/2020/07/23/2066398/0/en/Prospective-Study-Finds-Potential-Utility-of-MeMed-s-Host-Immune-Technology-for-Personalizing-Treatment-of-Severe-COVID-19-Patients.html","source":"www.globenewswire.com","visible":1,"analysis":{"tags":"COVID-19, immune technology","company":"MeMed","layoffs":null,"summary":"A prospective study conducted by researchers at Israels Rabin Medical Center in collaboration with MeMed has found that MeMeds host immune technology, specifically the analysis of IP-10, can be useful in managing the care and treatment of severe COVID-19 patients. The study shows that continuous and rapid measurements of IP-10 can predict disease severity, monitor inflammatory status, and personalize treatment strategies for patients with severe COVID-19. The study used MeMeds technology platform, MeMed Key, to measure IP-10 levels in patients. MeMed Key enables highly sensitive measurements of multiple host immune proteins within minutes at the point of need. The findings of the study suggest that further research is warranted in this area.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["MeMeds Host Immune Technology","COVID-19","IP-10","inflammatory status","treatment decisions"],"date_of_event":"2020-07-23","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"moQQF1TAx7r3w115hxaOlWWo6GytyDTzpMHKil8dr5BjbPeFz6vQJ2","news_summary":"Prospective Study Finds Potential Utility of MeMed's Host Immune Technology for Personalizing Treatment of Severe COVID-19 Patients","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"f70d4569-32fa-4b11-a119-e87552766b96","date":"Jun 7, 2020","link":"https://www.israel21c.org/israeli-firm-advances-diagnostic-solutions-for-covid-19/","source":"www.israel21c.org","visible":1,"analysis":{"tags":"diagnostics, protein measurement test","company":"MeMed","layoffs":null,"summary":"Israeli diagnostics startup MeMed is working with hospitals to determine how its protein measurement test can enhance Covid-19 care. The test measures the levels of three immune system proteins to distinguish between viral and bacterial infections. MeMed aims to help determine whether individuals exposed to Covid-19 have been infected with a pathogen, the type of pathogen, and the potential severity of the infection. They have received CE Mark clearance for their testing platform in Europe and are now validating various applications of the system in Covid-19 patients.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["Covid-19 care","protein measurement test","viral and bacterial infections","severity of infection","CE Mark clearance"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ra3bipfVsmq4pv4oaXtJ1D5UTlMp2iFtbIqkYjJfOShRnYycO1h8eW","news_summary":"Israeli firm advances 15 minute diagnostic test for Covid-19","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"789dfd40-b6f5-4bd6-943d-f95226435ba2","date":"Jun 2, 2020","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3829390,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":["health","diagnostics","infection","antibiotics"],"company":"MeMed Diagnostics Ltd.","layoffs":null,"summary":"MeMed Diagnostics has received regulatory approval to put its rapid test for identifying viral or bacterial infections on the Israeli and European market. The test can provide results within 15 minutes and helps doctors determine the type of treatment needed, reducing the use of antibiotics. MeMed has raised $100 million from investors including Foxconn and Ping An Global Voyager, and has received grants of about $30 million. The company plans to increase production capacity and expand partnerships with hospitals and HMOs. MeMed is also developing new tests based on testing the immune systems response, including a test for predicting the severity of COVID-19 and a test for detecting infectious diseases before symptoms appear.","partners":null,"customers":null,"investors":["Foxconn","Horizon Ventures","Ping An Global Voyager"],"confidence":9,"key_topics":["rapid test","antibiotic reduction","regulatory approval","expansion","new tests"],"date_of_event":"2020-02-06","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"aLXOfsC78HFdi7GnzlVBq4AUQedtiDwhkMjLzyIRZthFKZFPCdC2St","news_summary":"MeMed Receives Regulatory Green Light for Test that can Greatly Reduce Antibiotics Prescriptions","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"f9074dd3-5909-44bf-ae90-c5c01882ade8","date":"Mar 29, 2020","link":"https://en.globes.co.il/en/article-memed-to-predict-which-covid-19-patients-will-worsen-1001323692","source":"en.globes.co.il","visible":1,"analysis":{"tags":"diagnostic test","company":"MeMed Diagnostics","layoffs":null,"summary":"MeMed Diagnostics is developing a diagnostic and prognostic test for early detection of viruses, including coronavirus, and predicting deterioration in the patients situation. The companys technology uses the immune system to diagnose diseases and has already received marketing approval for a device that can detect bacterial or viral diseases within two hours. MeMed is working with partners, including the US army, to develop the test and gather data. The company believes it can also predict whether the disease will worsen and is cooperating with centers around the world to test its predictive capability for COVID-19 patients. MeMed is in touch with health agencies to install the new technology quickly.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["diagnostic test","prognosis","coronavirus","immune system","PCR test"],"date_of_event":"March 29, 2020","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"60AZkmCz2KteoVzzCfbi41Rg2brIbG7ivdg7hSZMU08O0CbswJNW7k","news_summary":"MeMed to predict which COVID-19 patients will worsen","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"a6fc621f-d8fc-4ab2-95c9-9222f629ba81","date":"Nov 17, 2019","link":"https://www.israel21c.org/is-it-a-virus-or-a-bacteria-israeli-solution-wins-e2-5m-award/","source":"www.israel21c.org","visible":1,"analysis":{"tags":"expansion","company":"MeMed","layoffs":null,"summary":"MeMed has received €2.5 million from the European Innovation Council (EIC) to accelerate the expansion of its platform to distinguish bacterial and viral infections. The funding will be used to broaden the tests suitability across diverse clinical settings and generate additional clinical validation evidence. MeMeds immune system-based test, called ImmunoXpert, is already cleared for use in the European Union, Switzerland, and Israel.","partners":null,"customers":null,"investors":"European Innovation Council (EIC)","confidence":9,"key_topics":["MeMed","EIC","antibiotic","infection","expansion"],"date_of_event":"November 18-24","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"€2.5 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Q3Wg2vTcJ7BUWCFn6oEUNdbNHo951Zs0SbIhnMwKWyAnuJiFjEuZqt","news_summary":"Is it a virus or a bacteria? Israeli solution wins €2.5M award","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"68601e51-8f1f-4e77-8f3d-3d56c22300d1","date":"Nov 13, 2019","link":"https://www.360dx.com/business-news/memed-gets-25m-accelerate-point-care-platform-launch","source":"www.360dx.com","visible":1,"analysis":{"tags":"funding, expansion","company":"MeMed","layoffs":null,"summary":"MeMed has received €2.5 million in funding from the European Innovation Council to accelerate the expansion of its MeMed BV tests applicability. The funding will be used to widen the tests capability to include minimally invasive capillary blood samples and to validate its clinical utility. MeMed will also receive services from the EIC to scale their business and bring their technologies to the market. The company previously raised over $70 million in financing and received a $4.1 million grant from the US Department of Defense.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["MeMed BV test","funding","expansion","clinical utility","ELISA format"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"€2.5 million","structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"tqeSYvkXRXT8HrH1qrVjPHqMqEVD88d6qQrpLJcw0p9SyZfUQgEjHy","news_summary":"MeMed Gets €2.5M to Accelerate Point-of-Care Platform Launch","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"58a6bbca-eab6-4a3a-8d71-27d554ec8831","date":"Jul 1, 2019","link":"https://www.ptcommunity.com/wire/memed-named-technology-pioneer-world-economic-forum","source":"www.ptcommunity.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"8r1PdisZqiD5VM3Dkm9Bqw50n7PJYn9x5WYZI9DoFDGSQLWUoWTQST","news_summary":"https://www.ptcommunity.com/wire/memed-named-technology-pioneer-world-economic-forum","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"fba46235-c203-4fb0-ba6c-7a3d82d7089a","date":"Dec 5, 2018","link":"https://finance.yahoo.com/news/dtra-commits-additional-funds-memeds-140000548.html","source":"finance.yahoo.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"iD7O4tIc8S9da4lL1lbDLcSpOV6vfJoqsNQI1lharUuioImJwPPCKs","news_summary":"https://finance.yahoo.com/news/dtra-commits-additional-funds-memeds-140000548.html","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"8eae19b1-b0fe-42f7-b587-6b45da0c878a","date":"Sep 20, 2018","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3746336,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"funding, blood testing device","company":"MeMed Diagnostics Ltd.","layoffs":null,"summary":"MeMed Diagnostics Ltd. has completed a $70 million funding round to launch a new model of its blood testing device and expand its range of tests. The funding round was participated by Ping An Insurance Group Co of China Ltd., OurCrowd Ltd., Li Ka-Shing, Foxconn, and other investors. MeMed develops and markets an automated blood testing device that can diagnose bacterial or viral infections based on specific proteins in the blood. The device provides highly accurate results within minutes to hours, compared to traditional tests that can take days. The funding brings MeMeds total equity raised to $100 million. The company also received grants totaling over $25 million from governmental entities. 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The grant will be used to set up manufacturing processes and implement cloud connectivity. MeMed recently completed a trilogy of clinical studies that validated their novel blood test for differentiating between bacterial and viral infections in children. The company is now working to expand the menu of tests available on the POC platform, including tests for predicting disease severity and differentiating between sepsis and SIRS.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["grant","prototype development","manufacturing","cloud connectivity","clinical studies"],"date_of_event":"February 6, 2018","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"zksa90kcJlhHgM4ZYfj3XWDjTYaWJWLgW38Rf89U34MDmZ018Ve9nH","news_summary":"MeMed Secures Additional Funding From the Department of Defense","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"9372c357-fce7-4fed-b2d4-b37820452d27","date":"Sep 19, 2017","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3721540,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"automated blood testing device","company":"MeMed","layoffs":null,"summary":"Israeli startup MeMed has raised $30 million in funding for its automated blood testing device that can distinguish between bacterial and viral infections. 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MeMed is now developing a point-of-care platform for the test with support from the US Department of Defense.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["blood test","bacterial infections","viral infections","antibiotic overuse","clinical studies"],"date_of_event":"September 18, 2017","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"BYqkD3TefuivWaSjPIEqHODNtW2rJoMOYE1IWIWIILzRYtVghOQIwJ","news_summary":"MeMed Completes Trilogy of Clinical Studies with More Than 2,000 Patients Validating First Ever Blood Test to Accurately Distinguish Between Bacterial and Viral Infections","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"85db241b-f6aa-4ef3-b6e8-b4030e63cb08","date":"Apr 20, 2017","link":"http://www.jpost.com/Business-and-Innovation/Tech/Israeli-firm-US-Department-of-Defense-to-fight-infectious-disease-together-488470","source":"www.jpost.com","visible":1,"analysis":{"tags":"medical diagnostics","company":"MeMed","layoffs":null,"summary":"Israeli company MeMed is partnering with the United States Department of Defense to develop a second-generation diagnostic system for distinguishing between bacterial and viral infections. The new system, which will be capable of providing results within 15 minutes, aims to address the global threat of antibiotic-resistant bacteria. MeMeds first-generation ImmunoXpert system is already on the market. The company received a $9.2 million contract from the Defense Threat Reduction Agency to revamp its technology. MeMeds technology uses three proteins in the blood to diagnose infections, and the second-generation model will be easier to use and more efficient.","partners":"United States Department of Defense","customers":null,"investors":null,"confidence":8,"key_topics":["antibiotic-resistant bacteria","bacterial and viral infections","point-of-care testing","diagnostic system","Department of Defense partnership"],"date_of_event":"April 20, 2017","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"lhNcMTEGeG9duWu4JEPzAqBtMjbCsd6zvg3HhwqZK9zvuj4nmaVnM5","news_summary":"http://www.jpost.com/Business-and-Innovation/Tech/Israeli-firm-US-Department-of-Defense-to-fight-infectious-disease-together-488470","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"f4fb1717-eba8-4ec1-98b6-5a33e779a6d0","date":"Apr 19, 2017","link":"http://www.prnewswire.com/news-releases/memed-awarded-92m-contract-by-us-department-of-defense-300441640.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"contract, funding","company":"MeMed Ltd.","layoffs":null,"summary":"MeMed Ltd. has been awarded a contract by the Defense Threat Reduction Agency (DTRA) worth up to $9.2M. 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The second generation of the test involves the development of a new point of care platform that is easy to use and takes only 15 minutes.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["contract","point of care platform","bacterial vs viral infections","immune-based diagnostics","antimicrobial resistance"],"date_of_event":"April 19, 2017","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Nlrrm5XuxNdYfY8gFhUmgTWavT7ODD0kNkTiP7S04sJRSsGzGaSJ4X","news_summary":"MeMed Awarded $9.2M Contract by US Department of Defense","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"f8378689-5945-4659-9503-53153c7c7879","date":"Dec 25, 2016","link":"https://www.israel21c.org/does-your-child-really-need-that-antibiotic/","source":"www.israel21c.org","visible":1,"analysis":{"tags":"diagnostic test","company":"MeMed","layoffs":null,"summary":"A clinical study published in Lancet Infectious Diseases confirmed that MeMeds blood test, ImmunoXpert, accurately distinguishes between bacterial and viral infections in children. The test outperformed routine tests and has the potential to reduce antibiotic overuse and combat bacterial resistance. 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The study showed that ImmunoXpert significantly outperformed routine tests and has the potential to reduce antibiotic overuse and combat bacterial resistance. The test looks at the immune system to identify markers that indicate the type of infection a patient is fighting. MeMed is collaborating with clinical thought leaders on further studies and plans to conduct clinical studies in the U.S. in 2017. The company aims to provide rapid and accurate diagnostic solutions for infectious diseases and inflammatory disorders.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["ImmunoXpert","bacterial and viral infections","antibiotic overuse","clinical study","patient management"],"date_of_event":"December 21, 2016","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"DH47YTNidgNhymFCrlqRY78UurQhtiBDwwsx6WHHqnXWmTGsDsCm0j","news_summary":"Lancet Infectious Diseases Publishes Independent Double-Blind Study Validating MeMed's Immunoxpert™ Blood Test's Ability to Accurately Distinguish Between Bacterial and Viral Infections in Children","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"66101e68-7293-413b-8ae2-a91e4c115c8a","date":"Oct 9, 2016","link":"https://www.israel21c.org/new-diagnostic-test-distinguishes-bacterial-from-viral-infections/","source":"www.israel21c.org","visible":1,"analysis":{"tags":["healthcare","antibiotic overuse","diagnostic methods"],"company":"MeMed","layoffs":null,"summary":"Israeli startup MeMed has developed two products, ImmunoXpert and ImmunoPoC, to address the global health crisis of antibiotic overuse. ImmunoXpert is currently used by hospitals in the EU, Switzerland, and Israel to determine whether an infection is bacterial or viral. MeMed has received significant investments and prizes, including funding from blue-chip VCs and grants from the European Commission. The company plans to use the funds for clinical studies in Europe and expand into other markets, including the US and Latin America. MeMed is ahead of its competitors and has a multidisciplinary team working on developing additional tools in the future.","partners":null,"customers":null,"investors":["Social+Capital","Horizon Ventures"],"confidence":8,"key_topics":["antibiotic overuse","diagnostic methods","ImmunoXpert","ImmunoPoC","clinical studies"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"rnGuQoQtXcqIFCom58CaItnz2eoqOTjjAQPzOZHh3IA2RSS0WOS8YD","news_summary":"New diagnostic test distinguishes bacterial from viral infections","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"85a4e968-1947-42a0-b45e-dfade7bfe017","date":"Sep 8, 2016","link":"http://www.businesswire.com/news/home/20160908005128/en/%E2%82%AC2.3-Million-Award-European-Commission-Support-Deployment","source":"www.businesswire.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"xZjO4DeYtiXgTpbnSXMdUtt3iZx8UcvFG0ITZb2mEzSGpLUESKctpw","news_summary":"€2.3 Million Award by European Commission Will Support Deployment of ImmunoXpert™ to Reduce Antibiotic Misuse in Hospitals","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"44eeb6de-4cc0-4e62-ba9c-908340ef541e","date":"Aug 20, 2015","link":"http://www.globes.co.il/en/article-memed-swiftly-diagnoses-if-a-disease-is-viral-or-bacterial-1001062515","source":"www.globes.co.il","visible":1,"analysis":{"tags":"Medical Technology","company":"MeMed","layoffs":"N/A","summary":"MeMed, an Israeli medical device company, has developed a diagnostic tool that can determine whether a patient has a bacterial or viral infection within two hours. 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The company has raised an undisclosed amount of funding from investors including Hanina Brandes, Social + Capital, and Horizon Ventures.","partners":"Bnai Zion hospital, Hillel Yaffe hospital, hospitals in Geneva and Utrecht","customers":"N/A","investors":"Hanina Brandes, Social + Capital, Horizon Ventures","confidence":9,"key_topics":"Medical Device, Antibiotics, Bacterial Infection, Viral Infection, Investment","date_of_event":"August 19, 2015","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"€3 million","structured_issues":"Investment, Expand","acquisition_amount":"N/A","structuredIssuesShow":"#Investment, Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"hIY2UTQl7qZCrm6PEqD2Hy2lYMOh0iMjvLKz1FLLhfbaA1AHqlny1a","news_summary":"MeMed swiftly diagnoses if a disease is viral or 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