GenMark Diagnostics

San Diego, United States Founded: 1993 • Age: 33 yrs Acquired By Roche
Instruments and test panels for multiplexed molecular diagnostics are provided.
Annual revenue $171.6M Latest available
Total funding $8.6M 2 rounds
Employees 797 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About GenMark Diagnostics

GenMark Diagnostics is a company based in San Diego (United States) founded in 1993 was acquired by Roche in March 2021. GenMark Diagnostics has raised $8.56 million across 2 funding rounds from investors including Roche and SLR Investment Corp. The company has 797 employees as of December 31, 2021. GenMark Diagnostics offers products and services including ePlex System and ePlex Cartridge. GenMark Diagnostics operates in a competitive market with competitors including Inflammatix, Visby Medical, MeMed, Molbio Diagnostics and Stilla Technologies, among others.

  • Headquarter San Diego, United States
  • Employees 797 as on 31 Dec, 2021
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Roche Diagnostics, North America
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $171.55 M (USD)
    95
    as on Dec 31, 2020
  • Net Profit
    -$18.64 M (USD)
    61
    as on Dec 31, 2020
  • EBITDA
    -$11.05 M (USD)
    74
    as on Dec 31, 2020
  • Total Equity Funding
    $8.56 M (USD)

    in 2 rounds

  • Latest Funding Round
    $65 M (USD), Debt – Conventional

    Feb 08, 2019

  • Investors
    Roche

    & 1 more

  • Employee Count
    797

    as on Dec 31, 2021

  • Acquired by
    Roche

    (Mar 15, 2021)

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Products & Services of GenMark Diagnostics

GenMark Diagnostics offers a comprehensive portfolio of products and services, including ePlex System and ePlex Cartridge.

Product name locked
Category locked
Primary

Automates nucleic acid testing for pathogen detection.

Product name locked
Category locked
Locked

Enables single-use molecular assays for diagnostics.

People of GenMark Diagnostics

Headcount 500-1000
Employee Profiles 131
Employee Profiles
People
David Huang
Laboratory Technician
People
Earl Beleran
Lab Technician I
People
Yvette Estrella
Accounting Manager
People
Danielle Gadbois
Sr Mechanical Engineer

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Funding Insights of GenMark Diagnostics

GenMark Diagnostics has successfully raised a total of $8.56M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $65 million completed in February 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in GenMark Diagnostics

GenMark Diagnostics has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Roche and SLR Investment Corp.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Debt and equity investments are offered by the firm.
Locked Locked Locked
Pharmaceuticals and diagnostics kits are developed for various diseases.
Locked Locked Locked
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Investor details for GenMark Diagnostics

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Investments & Acquisitions by GenMark Diagnostics

Investments
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Investment portfolio details for GenMark Diagnostics

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Financial Statements - GenMark Diagnostics

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Detailed financials for GenMark Diagnostics

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Genmark Diagnostics Comparisons

GenMark Diagnostics Primary company
Description
Instruments and test panels for multiplexed molecular diagno...
Location
San Diego, United States
Founded Year
1993
Annual Revenue
$171.55 M (USD)
Net Profit
-$18.64 M (USD)
EBITDA
-$11.05 M (USD)
Employees
797
As of 2021
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Peer comparison for GenMark Diagnostics

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Competitors of GenMark Diagnostics

GenMark Diagnostics 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 Inflammatix, Visby Medical, MeMed, Molbio Diagnostics and Stilla Technologies, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of diagnostic solutions for systemic infections
Locked Locked Locked
Portable PCR diagnostics for infectious diseases are developed.
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Provider of machine learning based diagnostic solutions for infectious diseases
Locked Locked Locked
Point-of-care molecular platforms for infectious disease detection are developed.
Locked Locked Locked
Digital PCR solutions for research are developed and analyzed.
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Detailed competitors of GenMark Diagnostics

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Latest news on Genmark Diagnostics

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Complete news archive for GenMark Diagnostics

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Frequently Asked Questions about GenMark Diagnostics

GenMark Diagnostics was founded in 1993 and raised its 1st funding round 16 years after it was founded.

GenMark Diagnostics is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

GenMark Diagnostics is a funded company, having raised a total of $8.56M across 2 funding rounds to date.

As of Dec 31, 2021, the latest employee count at GenMark Diagnostics is 797.

Annual revenue of GenMark Diagnostics is $171.55M as on Dec 31, 2020.

Founded in 1993 in San Diego, United States, multiplexed molecular diagnostics are supported through instruments and test panels. The ePlex System incorporates digital microfluidics for PCR-based assays, with results obtained in under 90 minutes. Disposable cartridges in the XT-8 system enable analyte measurement via electrochemical sensors. Test panels are developed for CNS, GI, respiratory, and hepatic infections, along with genetic disorders.

GenMark Diagnostics's top competitors include Visby Medical, Inflammatix and MeMed.

GenMark Diagnostics offers ePlex System and ePlex Cartridge.

GenMark Diagnostics has 2 investors. Key investors include Roche, and SLR Investment Corp.

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