Chembio

Medford, United States Founded: 1986 • Age: 40 yrs Acquired By Biosynex
Proprietary immunoassay platform is utilized for infectious disease diagnostics.
Annual revenue $49.5M Latest available
Total funding - 6 rounds
Employees 213 Tracked headcount
Investors 3 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Chembio

Chembio is a company based in Medford (United States) founded in 1986 was acquired by Biosynex in January 2023. The company has 213 employees as of December 31, 2022. Chembio has completed 1 acquisition, including Orangelife Comercio E Industria. 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. Chembio operates in a competitive market with competitors including Souzhou Ribo Life Science, PathoQuest, Quantalife, Senzo and Hememics Biotechnologies, among others.

  • Headquarter Medford, United States
  • Employees 213 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Chembio Diagnostics, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $49.52 M (USD)
    4
    as on Dec 31, 2022
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $20 M (USD), Debt – Conventional

    Sep 04, 2019

  • Investors
    HHS

    & 2 more

  • Employee Count
    213

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Biosynex

    (Jan 31, 2023)

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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.

Product name locked
Category locked
Primary

Rapid test for detecting HIV and syphilis in blood samples.

Product name locked
Category locked
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Assay for identifying HIV types 1 and 2 quickly and accurately.

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

Product name locked
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System for detecting Zika virus antibodies in clinical settings.

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

People of Chembio

Headcount 50-200
Employee Profiles 23
Employee Profiles
People
Atif Rizvi
VP, Finance
People
Tom Ippolito
Vice President, Quality and Regulatory Affairs
People
Stella Rivera
VP, Human Resources
People
Neil A. Goldman
Executive Vice President & CFO

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Funding Insights of Chembio

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Health-tech companies are targeted for venture capital investments.
Locked Locked Locked
Public health and human services are overseen by HHS.
Locked Locked Locked
Professional rapid diagnostic tests for diseases are manufactured by Biosynex.
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Investor details for Chembio

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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.

Investments
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Investment portfolio details for Chembio

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Diagnostic test kits are manufactured for healthcare applications.
Locked Locked 2011 Locked
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Complete acquisition details for Chembio

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Financial Statements - Chembio

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Detailed financials for Chembio

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Chembio Comparisons

Chembio Primary company
Description
Proprietary immunoassay platform is utilized for infectious ...
Location
Medford, United States
Founded Year
1986
Annual Revenue
$49.52 M (USD)
Net Profit
Not available
EBITDA
Not available
Employees
213
As of 2022
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Peer comparison for Chembio

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Competitors of Chembio

Chembio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Souzhou Ribo Life Science, PathoQuest, Quantalife, Senzo and Hememics Biotechnologies, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Nucleic acid drugs are developed via RNA interference technology.
Locked Locked Locked
Next-generation sequencing is provided for microbiology testing applications.
Locked Locked Locked
Provide tools that accelerate new strategies for the diagnosis and treatment of inherited disorders, cancer, and infectious disease.
Locked Locked Locked
Point-of-care diagnostic devices for infectious diseases are developed.
Locked Locked Locked
Biopreservation platform for mammalian cells and biologics is developed.
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Detailed competitors of Chembio

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Latest news on Chembio

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Complete news archive for Chembio

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  • Brand-specific news history

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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.

As of Dec 31, 2022, the latest employee count at Chembio is 213.

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.

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