Saladax Biomedical

BiotechnologySeries CBethlehem, USsaladax.com

Latest round

Series C

Last raised

Mar 2010

Total raised

$12M

Investors

7

About Saladax Biomedical

Founded in 2004, Saladax Biomedical is based in Bethlehem, US, and focuses on therapeutic drug monitoring solutions. The company was established by Salvatore Salamone, who has a history of entrepreneurial ventures.Saladax Biomedical specializes in the development and manufacturing of therapeutic drug monitoring (TDM) assays, primarily designed for life-saving medications prescribed in psychiatric and oncological settings. Their core product offerings focus on ensuring that patients receive optimal dosing of essential drugs, particularly clozapine, through precise measurement of drug levels in the blood. These assays are critical for personalizing treatment plans and improving patient outcomes by allowing healthcare professionals to adjust dosages in real-time based on individual patient responses. Saladax's products serve a diverse client base, including psychiatrists and oncologists, as well as laboratories and healthcare facilities that prioritize personalized medicine.Saladax Biomedical operates on a business-to-business model, generating revenue primarily through sales of their TDM assays to healthcare providers and laboratories. Transactions typically involve direct purchases of their assay products, which may be complemented by training or support services for healthcare professionals to ensure effective implementation of the assays in clinical settings. Partnerships with distributors, such as Katalyst Diagnostics, enhance market access and distribution efficiency.00 mn to support the development and launch of new therapeutic drug monitoring products. The company is targeting expansion into European markets, aiming for increased accessibility and utilization of its assays by 2025.

Who invested in Saladax Biomedical

7 investors across 3 rounds

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Funding rounds

  1. Series C

    Mar 5, 2010

    Amount

    $8.4M

    Investors

    Locked

  2. Series A

    Aug 25, 2008

    Amount

    $3.6M

    Investors

    Locked

  3. Series B

    Dec 12, 2007

    Amount

    $0.3M

    Investors

    Locked

Questions about Saladax Biomedical

Who invested in Saladax Biomedical?

Saladax Biomedical has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Saladax Biomedical raised?

Saladax Biomedical has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Saladax Biomedical last raise money?

Saladax Biomedical's most recent round on record is a Series C, in Mar 2010.

What does Saladax Biomedical do?

Founded in 2004, Saladax Biomedical is based in Bethlehem, US, and focuses on therapeutic drug monitoring solutions.

Where is Saladax Biomedical headquartered?

Saladax Biomedical is headquartered in Bethlehem, US.

Which VCs invest in companies like Saladax Biomedical?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Saladax Biomedical's stage. Their profiles are linked below.

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