Chembio

Medford, United States Founded: 1986 • Age: 40 yrs Listed Acquired By Biosynex
Proprietary immunoassay platform is utilized for infectious disease diagnostics.

About Chembio

Chembio is a Healthcare company based in Medford (United States) founded in 1986, and was acquired by Biosynex in January 2023. It operates as a proprietary immunoassay platform is utilized for infectious disease diagnostics. The company has 213 employees. Chembio has completed 1 acquisition, including Orangelife Comercio E Industria. Its chief executive is Richard Eberly. Chembio offers products and services including DPP HIV-Syphilis Assay, DPP HIV 1/2 Assay, SURE CHECK HIV Self-Test, DPP Zika IgM/IgG System, and Advin COVID-19 Antigen Test. Its focus areas include Life Sciences, Infectious Diseases, In Vitro Diagnostic Tests and Viral. Its legal entity is Chembio Diagnostics, Inc. Its competitors include Souzhou Ribo Life Science, PathoQuest, Quantalife, Senzo and Hememics Biotechnologies and 3 more; 7 of its 8 listed competitors have raised funding.

Company details

Chembio Diagnostics, Inc. was established in 1986 in Medford, United States, within the medical diagnostics sector. Rapid tests for infectious diseases, including two FDA PMA-approved, CLIA-waived HIV assays, are produced using the patented Dual Path Platform technology. In the U.S., these HIV tests are distributed by Alere, Inc. Internationally, the HIV STAT-PAK line is supplied to government and donor-funded programs through direct sales and distributors.

  • Headquarters Medford, United States
  • Employees 213
  • Stage Public
  • Sectors
    Healthcare
  • Website chembio.com
  • Social LinkedIn X Facebook
  • Acquired by Biosynex (Jan 2023)
  • Legal Name Chembio Diagnostics, Inc.
Operational Areas
Key Metrics

Products & Services of Chembio

Chembio offers a comprehensive portfolio of products and services, including DPP HIV-Syphilis Assay, DPP HIV 1/2 Assay, SURE CHECK HIV Self-Test, DPP Zika IgM/IgG System, and Advin COVID-19 Antigen Test.

DPP HIV-Syphilis Assay
Diagnostic Test

Rapid test for detecting HIV and syphilis in blood samples.

DPP HIV 1/2 Assay
Diagnostic Test

Assay for identifying HIV types 1 and 2 quickly and accurately.

SURE CHECK HIV Self-Test
Self-Diagnostic Kit

Home-based test kit for HIV detection with easy user instructions.

DPP Zika IgM/IgG System
Diagnostic Test

System for detecting Zika virus antibodies in clinical settings.

Advin COVID-19 Antigen Test
Diagnostic Test

Antigen test for rapid COVID-19 detection at home or point-of-care.

Funding Insights of Chembio

  • Total Rounds 6
  • Last Round Debt – Conventional β€” $20M
  • First Round $2.84M

    (Jun 2007)

  • Investors Count 2

All 6 funding rounds of Chembio with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2019$20MDebt – Conventional––
Feb 2011$2.82MGrant––
Jun 2009$2.84MGrant––
Jun 2008$3.12MGrant––
May 2008$296,406Grant––
Jun 2007$2.84MGrant––
Valuation history

3 investors in total: 3 institutional.

Investors in Chembio

Chembio has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include HHS, Biosynex and Perceptive Advisors.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Health-tech companies are targeted for venture capital investments.
1999perceptivelife.comNew York, United States
Public health and human services are overseen by HHS.
1953hhs.gov-
Professional rapid diagnostic tests for diseases are manufactured by Biosynex.
2005biosynex.comStrasbourg, France
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Investor details for Chembio

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People of Chembio

24 people are tracked at Chembio (12 in leadership, 12 in team); the tracked headcount is 213.

NameRoleGroup
Richard Eberly
CEOLeadership
Atif Rizvi
VP, FinanceLeadership
Tom Ippolito
Vice President, Quality and Regulatory AffairsLeadership
Stella Rivera
VP, Human ResourcesLeadership
Neil A. Goldman
Executive Vice President & CFOLeadership
Javan Esfandiari
Executive Vice President & Chief Science and Technology OfficerLeadership
Patrick Galvin
U.s. Director Of SalesLeadership
Moira Bilich
Sr. Director Qa/qcLeadership
Angelo Gunasekera
Senior Director Of R&dLeadership
Anita John
Director Of FinanceLeadership
Robert Gannon
Director, Channel Strategy And PartnershipsLeadership
Adam Hewitt
National Sales DirectorLeadership
David Smiley
Laboratory TechnicianTeam
Yusuf K.
Senior Regulatory Affairs SpecialistTeam
Jonovan Acosta
Senior Manager - Public HealthTeam
Raquel Corl
Sales Development RepresentativeTeam
Renata Fernandes
Analista Financeiro SêniorTeam
Jean Marie Marchant Busceti
Research ScientistTeam
Bill Schneider
Sr. Manager, Manufacturing Reliability & ProjectsTeam
David Greenwald
Tech Sup.Team

4 more people are available in the full profile.

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Investments & Acquisitions by Chembio

Chembio has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Orangelife Comercio E Industria.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Diagnostic test kits are manufactured for healthcare applications.
orangelife.com.br–2011Nov 2019β€’β€’β€’β€’
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Timeline of Chembio

6 dated milestones of Chembio across 37 years, from founding to its latest funding, stage changes and deals.

  1. Founded Chembio is founded.
  2. Funding First funding round of $2.8M.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Debt – Conventional, of $20.0M.
  5. Acquisition Acquires Orangelife Comercio E Industria.
  6. Exit Acquired by Biosynex.

Competitors of Chembio

Chembio has 8 listed competitors in our database, 7 of them funded. They include Souzhou Ribo Life Science, PathoQuest, Quantalife, Senzo and Hememics Biotechnologies, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ribolia.com2007Suzhou, China$200.79M–
Nucleic acid drugs are developed via RNA interference technology.
pathoquest.com2010Paris, France$9.99M–
Next-generation sequencing is provided for microbiology testing applications.
quantalife.com2008Pleasanton, United States$28.71M–
Provide tools that accelerate new strategies for the diagnosis and treatment of inherited disorders, cancer, and infectious disease.
senzo.com2013San Francisco, United States$9.6M13
Point-of-care diagnostic devices for infectious diseases are developed.
hememics.com2009Gaithersburg, United States$4.6M13
Biopreservation platform for mammalian cells and biologics is developed.
daktaridx.com2008Boston, United States$73.42M23
Point of care diagnostic platform and data management system
e25bio.com2018Cambridge, United States$4.8M5
Diagnostic platform for disease detection and mapping is provided.
matridx.com2019Hangzhou, China––
Sequencing-based platform for microorganism detection in patients is developed.
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Detailed competitors of Chembio

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Web traffic of Chembio

The website of Chembio (chembio.com) receives about 4K visits a month.

  • Monthly visits
    4K

    ▼ 37.8% vs previous month

Similar websites

Websites whose visitors overlap most with Chembio. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
newswise.com
newswise.com
100%
–#309,012–
cdc.gov
100%
16.4M#4,309View details
biomerieux-diagnostics.com
89%
––View details
calypte.com
89%
––View details
idsplc.com
69%
5.1K#4,586,165View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 8 similar websites and full traffic analytics for Chembio

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  • 8 similar websites
  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Infectious Diseases

10 companies that operate in the same segment as Chembio (Infectious Diseases), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
mRNA-based therapeutics for diseases including cancer and infections are developed.
2010Cambridge, Massachusetts, United StatesUSD 2.78 BUSD 1.94 B5,800
Developer of molecular diagnostic testing solutions
1996Sunnyvale, California, United StatesUSD 19.1 MUSD 54.88 M208
Therapeutics for drug-resistant bacterial infections are developed.
2013Cambridge, Massachusetts, United StatesUSD 114.7 MUSD 59.62 M32
Clinical diagnostics and drug discovery for immune diseases are provided.
2009Seattle, Washington, United StatesUSD 419.15 MUSD 276.98 M619
Vaccines for infectious diseases are developed using cell-free protein synthesis.
2013Foster City, California, United StatesUSD 347 M–414
Portable PCR diagnostics for infectious diseases are developed.
2010San Jose, California, United StatesUSD 386.33 M––
Developing glucan synthase inhibitors for the treatment of fungal infections.
1999Jersey City, New Jersey, United StatesUSD 62.65 MUSD 20.6 M28
Sherlock Biosciences is focused on molecular diagnostics development.
2019Watertown, United StatesUSD 111 M–33
Provider of diagnostic solutions for systemic infections
2016San Francisco, California, United StatesUSD 191.47 M–54
Developer of novel protein-based therapeutics using machine learning and biological engineering
2018Somerville, Massachusetts, United StatesUSD 693 M––
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Related news about Chembio

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Frequently Asked Questions about Chembio

Chembio was founded in 1986 and raised its 1st funding round 21 years after it was founded.

Chembio is headquartered in Medford, United States. It is registered at Medford, Oregon, United States.

Richard Eberly is the current CEO of Chembio.

Chembio has 213 employees.

Annual revenue of Chembio is $49.52M as on Dec 31, 2022.

Chembio Diagnostics, Inc. was established in 1986 in Medford, United States, within the medical diagnostics sector. Rapid tests for infectious diseases, including two FDA PMA-approved, CLIA-waived HIV assays, are produced using the patented Dual Path Platform technology. In the U.S., these HIV tests are distributed by Alere, Inc. Internationally, the HIV STAT-PAK line is supplied to government and donor-funded programs through direct sales and distributors.

Chembio's top competitors include Souzhou Ribo Life Science, Quantalife and Senzo.

Chembio offers DPP HIV-Syphilis Assay, DPP HIV 1/2 Assay, SURE CHECK HIV Self-Test, DPP Zika IgM/IgG System, and Advin COVID-19 Antigen Test.

Chembio has made 1 acquisition, including Orangelife Comercio E Industria.

Chembio has 3 investors. Key investors include HHS, Biosynex, and Perceptive Advisors.

Chembio operates through Chembio Diagnostics, Inc..

Yes. Chembio was acquired by Biosynex in January 2023.

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