Chris Newmarker

September 29, 2016

1 Min Read
T2Candida Panel (2015 Prix Galien USA Winner)

T2Candida Panel (2015 Prix Galien USA Winner)

T2 Biosystems (Lexington, MA) touts its T2Candida Panel as the only FDA-cleared test for sepsis that does not require a blood culture that could potentially take days to produce a result. Instead, the T2Candida Panel is able to identify the five clinically relevant species of Candida within 4.5 hours. The company's  T2Dx Instrument uses proprietary T2 Magnetic Resonance technology to measures how water molecules react in the presence of magnetic fields.

The groundbreaking nature of the technology is getting attention. As of June 30, 41 customers including multiple hospital systems had committed to adopt the T2Dx Instrument at U.S. and European sites, according to the company. Revenue for the first six months of 2016 was $2.1 million, about triple what it was a year before, and Canon U.S.A. this month spent $40 million to buy nearly a fifth of T2 Biosystems's stock. 

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[Image courtesy of T2 Biosystems]

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