Foundation Medicine
| Type | Subsidiary |
| Parent Company | Roche |
| HQ | Cambridge, MA, US |
| Founded | 2010 |
| Website | foundationmedicine.com |
| Cybersecurity rating | CMore |
Foundation Medicine was founded in 2010 and is headquartered in Cambridge, MA, US
Key People/Management at Foundation Medicine
Cindy Perettie
Chairman Of The Board
Brian Alexander
Chief Executive Officer
Konstantin Fiedler
Chief Operating Officer
Winifred Lynn Swan
General Counsel and Chief Legal Officer
Priti Hegde
Chief Scientific Officer
Andrew Suchoff
Chief People Officer
Foundation Medicine Office Locations
Foundation Medicine has offices in Cambridge, Morrisville, San Diego and Penzberg
Cambridge, MA, US (HQ)
150 Second St
Morrisville, NC, US
7010 Kit Creek Rd
San Diego, CA, US
11010 Torreyana Rd
Penzberg, DE
Nonnenwald 2/building 433 d
Foundation Medicine Financials and Metrics
Summary Metrics
Founding Date | 2010 |
Total Funding | $96.5 m |
Investors | Kleiner Perkins, Redmile Group, Deerfield Capital Management, Roche Venture Fund, Third Rock Ventures, Casdin Capital, GV, Kleiner Perkins Caufield & Byers (KPCB), Laboratory Corp. of America, WuXi Corporate Venture Fund |
In total, Foundation Medicine had raised $96.5 m. Foundation Medicine is a subsidiary of Roche
Foundation Medicine Revenue
Foundation Medicine's revenue was reported to be $152.9 m in FY, 2017
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 285.8k |
Debt/Equity | 1.9 x |
Debt/Assets | 0.4 x |
Financial Leverage | 5.3 x |
Foundation Medicine Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Lexent Bio | June 12, 2020 |
Foundation Medicine Revenue Breakdown
Foundation Medicine revenue breakdown by geographic segment: 92.8% from United States and 7.2% from Other
Foundation Medicine Cybersecurity Score
Foundation Medicine Online and Social Media Presence
9.94k Twitter followers
Foundation Medicine has 9.94k Twitter Followers. The number of followers has increased 0.4% month over month and increased 1% quarter over quarter
Foundation Medicine's Trends
Twitter Engagement Stats for @FoundationATCG
2.2k
Tweets
753
Following
9.9k
Followers
14
Tweets last 30 days
5.9
Avg. likes per Tweet
78.6%
Tweets with engagement
Foundation Medicine Company Culture
Overall Culture
A-
76/100
CEO Rating
A
76/100
Compensation
B
74/100
Diversity
B-
71/100
Foundation Medicine News and Updates
August 28, 2021
Foundation Medicine, Epic collaboration focuses on genomics for precision oncology
The EHR integration can help practices, hospitals and academic medical centers access genomic information more easily in the EHR, for more streamlined clinical decision support.
November 18, 2020
TwinStrand Biosciences Licenses Duplex Sequencing Technology to Foundation Medicine
SEATTLE, Nov. 18, 2020 /PRNewswire/ -- TwinStrand Biosciences today announced it has entered into a worldwide non-exclusive agreement to sublicense two foundational patent families to Foundation Medicine and its affiliates relating to TwinStrand Duplex Sequencing™ error-correction...
May 29, 2019
UPDATE 1-Bayer to work with Foundation Medicine on cancer patient screening
* Genetic sequencing test seen as vital to secure market
uptake
November 16, 2018
Global $85.5 Billion Precision Medicine (Diagnostics/Therapeutics) Market to 2025 - Key Players are GE Healthcare; Abbott Lab, Precision Biologics, Foundation Medicine, Illumina and IBM Watson
DUBLIN, Nov. 16, 2018 /PRNewswire/ -- The "Precision Medicine (Diagnostics/Therapeutics) Market Analysis Report By Application (Genetic Tests, Esoteric Tests, Pharmaceuticals, Medical Devices), By End Use, And Segment Forecasts, 2018 - 2025" report has been added to...
June 19, 2018
UPDATE 2-Roche pays $2.4 bln for rest of cancer expert Foundation Medicine
* Echoes past biotech buy-outs at Flat Iron and Genentech
(Adds more on personalised cancer care, analyst comment)
June 19, 2018
UPDATE 1-Roche to pay $2.4 bln to buy rest of Foundation Medicine
ZURICH, June 19 (Reuters) - Swiss drugmaker Roche Holding AG
has agreed to pay $137 per share to buy the rest of
Foundation Medicine (FMI), a $2.4 billion transaction
that values the U.S. genomic profiling group at $5.3 billion,
the partners said on Tuesday.
Foundation Medicine Blogs
March 30, 2022
Celebrating Women’s History Month: A Q&A with Foundation Medicine’s CMO, Mia Levy, MD, PhD
This past year, we’ve made several important additions to our strong and diverse Executive Team. As a whole, they are committed to serving patients, oncologists, and researchers, while fostering a wor...
February 23, 2022
What’s Next With Priti Hegde: How can immuno-oncology innovation transform care for cancer patients?
Transforming early science into reality is the very essence of R&D, and research—particularly groundbreaking research—takes time. But time is something cancer patients do not have. In order to deliver...
December 01, 2021
Finding Answers, Empowering Action
In The Emperor of All Maladies, Siddhartha Mukherjee’s Pulitzer Prize-winning “biography of cancer,” the author presents a thought experiment involving Atossa, the Persian queen who suffered from what...
September 17, 2021
How Real-World Clinico-Genomic Data is Delivering New Cancer Insights | Foundation Medicine
Real-world clinico-genomic data is recognized across the healthcare community as a catalyst to spur potentially life-changing advancements in care and has become instrumental in our joint work to impr...
August 26, 2021
What a Difference a Year Makes: The Evolving Landscape of Pan-Tumor Liquid Biopsy Testing | Foundation Medicine
As FoundationOne®Liquid CDx marks its first anniversary as an FDA-approved liquid biopsy option for cancer patients, I’d like to look back over the past year and explore the progress we’ve made. In ju...
August 03, 2021
Making Comprehensive Genomic Profiling Indispensable at a Global Level: Progress, Perspectives and What’s Next | Foundation Medicine
I initially became an oncologist because, to me, treating cancer provided the biggest opportunity to make a difference for people. I learned quickly that the most valuable tool in treating this diseas...
Foundation Medicine Frequently Asked Questions
When was Foundation Medicine founded?
Foundation Medicine was founded in 2010.
Who are Foundation Medicine key executives?
Foundation Medicine's key executives are Cindy Perettie, Brian Alexander and Konstantin Fiedler.
How many employees does Foundation Medicine have?
Foundation Medicine has 1,813 employees.
What is Foundation Medicine revenue?
Latest Foundation Medicine annual revenue is $152.9 m.
What is Foundation Medicine revenue per employee?
Latest Foundation Medicine revenue per employee is $84.3 k.
Who are Foundation Medicine competitors?
Competitors of Foundation Medicine include Biodesix, Flatiron Health and Myriad Genetics.
Where is Foundation Medicine headquarters?
Foundation Medicine headquarters is located at 150 Second St, Cambridge.
Where are Foundation Medicine offices?
Foundation Medicine has offices in Cambridge, Morrisville, San Diego and Penzberg.
How many offices does Foundation Medicine have?
Foundation Medicine has 4 offices.
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