Craft

Foundation Medicine

Revenue

$152.9 M

FY, 2017

Foundation Medicine Summary

Company Summary

Overview
Foundation Medicine is a molecular information company developing clinical diagnostic tests that facilitate personalized cancer therapies. It provides clinical assays, FoundationOne for solid tumors and FoundationOne Heme for hematologic malignancies and sarcomas that provide a comprehensive genomic profile to identify the molecular alterations in a patient's cancer and match them with relevant targeted therapies and clinical trials. The company also offers a molecular information platform that aims to improve day-to-day care for patients by serving the needs of clinicians, academic researchers, and drug developers to help advance the science of molecular medicine in cancer.
Type
Subsidiary
Status
Active
Founded
2010
HQ
Cambridge, MA, US | view all locations
Website
https://www.foundationmedicine.com
Cybersecurity rating
Sectors

Key People

  • Cindy Perettie

    Cindy Perettie, Chairman Of The Board

  • Winifred Lynn Swan

    Winifred Lynn Swan, General Counsel and Chief Legal Officer

    • Andrew Suchoff

      Andrew Suchoff, Chief People Officer

    • Kathleen Kaa, Chief Commercial Officer a.i.. Vice President, Commercial Programs

    Operating MetricsView all

    Patients Tested to Date

    500K
    25.0%

    Jul, 2022

    Biopharma Partners

    65
    30.0%

    Jul, 2022

    Peer-Reviewed Publications

    500

    Jul, 2022

    LocationsView all

    4 locations detected

    • Cambridge, MA HQ

      United States

      150 Second St

    • Morrisville, NC

      United States

      7010 Kit Creek Rd

    • San Diego, CA

      United States

      11010 Torreyana Rd

    • Penzberg, BY

      Germany

      Nonnenwald 2/building 433 d

    Foundation Medicine Financials

    Summary Financials

    Revenue (Q2, 2018)
    $38.7M
    Gross profit (Q2, 2018)
    $11.2M
    Net income (Q2, 2018)
    ($33.4M)
    Cash (Q2, 2018)
    $53.4M
    EBIT (Q2, 2018)
    ($32.1M)

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