Foundation Medicine

Foundation Medicine is a molecular information company dedicated to a transformation in cancer care in which treatment is informed by a deep understanding of the genomic changes that contribute to each patient's unique cancer. The company's clinical assays, FoundationOne for solid tumors and FoundationOne Heme for hematologic malignancies and sarcomas, 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. Foundation Medicine's molecular information platform 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
Public
HQ
Cambridge, US
Founded
2010
Size (employees)
417 (est)+51%
Foundation Medicine was founded in 2010 and is headquartered in Cambridge, US

Key People at Foundation Medicine

Michael J. Pellini

Michael J. Pellini

President & CEO & Board Director
Ronald Collette

Ronald Collette

CIO
Kevin Krenitsky

Kevin Krenitsky

Chief Commercial Officer & SVP, International Strategy
Steven J. Kafka

Steven J. Kafka

Chief Business Officer
Alexis Borisy

Alexis Borisy

Co - Founder & Chairman of the Board
Vincent A. Miller

Vincent A. Miller

SVP, Clinical Development

Foundation Medicine Office Locations

Foundation Medicine has office in Cambridge
Cambridge, US

Foundation Medicine Metrics

Foundation Medicine Summary

Market capitalization

$836 M

Closing share price

$24.5
Foundation Medicine's current market capitalization is $836 M.

Foundation Medicine Financials

Foundation Medicine's revenue is $93.2 M in FY, 2015 which is 52.59% increase from the previous period.
FY, 2015FY, 2014FY, 2013

Revenue

$93.2 M$61.1 M$29 M

Revenue growth, %

52.6%110.7%

Gross profit

$56.5 M$33.6 M$17.3 M

Operating income

$-89.8 M$-53.3 M$-41.8 M

Operating expense total

$146 M$86.9 M$59.1 M

Net Income

$-89.6 M$-52.2 M$-42.9 M

Operating cash flow

$45.7 M$-52.2 M$69.5 M

Foundation Medicine Market Value History

Foundation Medicine Online Presence

Foundation Medicine News

Foundation Medicine Company Life

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