CorisBio

Gembloux, Belgium Founded: 1996 • Age: 30 yrs Acquired By Avacta
Rapid diagnostic tests for infectious diseases are developed and commercialized.
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About CorisBio

CorisBio is a company based in Gembloux (Belgium) founded in 1996 was acquired by Avacta in June 2023.. CorisBio offers products and services including BL-RED, OXA-48 K-SeT, RESIST-5, Crypto/Giardia Duo-Strip, and Influ A+B K-SeT. CorisBio operates in a competitive market with competitors including OpGen, Avails Medical, Resistell, NOWDiagnostics and HandyLab, among others.

  • Headquarter Gembloux, Belgium
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $575.65 K (USD), Grant

    Jan 01, 2018

  • Investors
    Avacta

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Avacta

    (Jun 01, 2023)

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Products & Services of CorisBio

CorisBio offers a comprehensive portfolio of products and services, including BL-RED, OXA-48 K-SeT, RESIST-5, Crypto/Giardia Duo-Strip, and Influ A+B K-SeT. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Detects beta lactamases via electrochemistry technology

Identifies OXA-48-like carbapenemases using lateral flow

Tests for KPC, NDM, VIM, IMP carbapenemases

Detects Cryptosporidium and Giardia parasites

Identifies Influenza A and B viruses via lateral flow

Funding Insights of CorisBio

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $575,645
  • First Round

    (01 Jan 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2018 Amount Grant - CorisBio Valuation

investors

Jan, 2015 Amount Grant - CorisBio Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CorisBio

CorisBio has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Avacta and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Developer of therapeutics and diagnostics for the treatment of cancer
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CorisBio

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CorisBio

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Corisbio Comparisons

Employees
+
Add Comparison
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Competitors of CorisBio

CorisBio 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 OpGen, Avails Medical, Resistell, NOWDiagnostics and HandyLab, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Developer of diagnostics and bioinformatics platforms for providers
domain founded_year HQ Location
Point-of-care devices are developed for infection diagnosis and treatment optimization.
domain founded_year HQ Location
Antibiotic susceptibility testing is provided via bacterial movement detection.
domain founded_year HQ Location
Develops rapid assay medical tests that use a single drop of blood to test for a variety of common conditions, illnesses and diseases
domain founded_year HQ Location
Molecular diagnostic assays and automation platforms are developed.
domain founded_year HQ Location
Instruments and assays for molecular pathogen detection are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Corisbio

Avacta Acquires Heart Bioconcept
Mpo-Mag2 years ago
Avacta Group’s £7.4m Acquisition Coris BioConcept
Globallegalchronicle2 years ago

Frequently Asked Questions about CorisBio

When was CorisBio founded?

CorisBio was founded in 1996 and raised its 1st funding round 19 years after it was founded.

Where is CorisBio located?

CorisBio is headquartered in Gembloux, Belgium. It is registered at Gembloux, Namur, Belgium.

What does CorisBio do?

Coris BioConcept is engaged in the development, production and commercialization of rapid diagnostic tests for the detection of the pathogen for enteric, gastric and respiratory diseases. The company utilizes immunochromatography technology with colloidal gold particles or latex microspheres to develop their products. The tests are available in two formats: dipstick and cassette. The company also offers tests under the brand name RESIST for the detection of antibiotic-resistant bacteria. The company offers products in more than 70 countries in Europe, Asia, South America, Africa, Oceania, Ireland, United Kingdom, and Norway. It is among the leaders on the Belgian market (80).

Who are the top competitors of CorisBio?

CorisBio's top competitors include Avails Medical, OpGen and Verax Biomedical.

What products or services does CorisBio offer?

CorisBio offers BL-RED, OXA-48 K-SeT, RESIST-5, Crypto/Giardia Duo-Strip, and Influ A+B K-SeT.

Who are CorisBio's investors?

CorisBio has 2 investors. Key investors include Avacta, and European Union.

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