Verax Biomedical
Manufacturing · Massachusetts, United States · 11-50 Employees
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Overview
Headquarters
148 Bartlett St, Marlborough, Massachuse...Phone Number
(508) 755-7029Website
www.veraxbiomedical.comRevenue
$9.9 MillionIndustry
ZI Rank: 1
Signal Type
Jan
Feb
Mar
Apr
May
Jun
ZI Rank
2
1
1
1
1
1
About Verax Biomedical
Verax Biomedical specializes in detecting bacterial contamination in platelets and tissues intended for transfusion and transplantation. Their products include the FDA-cleared Platelet PGD Test, which enhances safety and availability of platelet transfusions by enabling 7-day dating. The company targets healthcare providers and organizations involved in transfusion medicine, offering solutions that comply with FDA guidance. Verax Biomedical is committed to improving blood safety and efficiency in medical practices.Explore more
Verax Biomedical Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
Verax Biomedical
$9.9M
11-50
Private
$37.4M
1999
PM
Paul MintzSenior Vice President and Chief Medical Officer
Company Profile Activity
Activity Insights
Verax Biomedical is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Verax Biomedical is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Verax Biomedical.
Verax Biomedical financials insights
Gather financial insights about Verax Biomedical, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2002
Series A
$4.5M
2005
Series B
$15M
2007
Other Financing Round
$3M
Other Financing Round
$2.5M
2013
Unspecified
$12M
2020
Debt
$350K
Verax Biomedical Tech Stack
A closer look at the technologies used by Verax Biomedical
Most Recent Scoops
Project
A high-level source has indicated that the organization’s largest upcoming initiative within the information technology department will focus on exploring new enterprise resource planning (ERP) solutions.
Enterprise Software, Financial Systems, Software
Pain Point
A high-level source has indicated the organization's biggest challenge due to the Coronavirus (COVID-19) pandemic has been the transition to work from home solutions.
Network, Infrastructure, Workforce Management
Pain Point
A high-level source has indicated the organization's largest challenge within 2020 has been increasing sales.
Sales, Sales Development
Project
A high-level source has indicated plans for IT initiatives focused on business continuity to begin within the next six months.
ITSM, Disaster Recovery
Project
Product Development
Verax Biomedical News & Media
Blood Centers of America and Verax Biomedical enter into Group Purchasing Agreement for the use of the Verax Platelet PGD® Test
MARLBOROUGH, Mass.--(BUSINESS WIRE)--Blood Centers of America and Verax Biomedical enter into Group Purchasing Agreement for the use of the Verax Platelet PGD® TestVerax Biomedical and Healthtrust® Purchasing Group Enter Agreement for the Use of the Verax Platelet Pgd® Test
MARLBOROUGH, Mass.--(BUSINESS WIRE)--Verax Biomedical and HealthTrust® Purchasing Group enter agreement for the use of the Verax Platelet PGD® Test
Read more news
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Frequently Asked Questions Regarding Verax Biomedical
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Verax Biomedical specializes in detecting bacterial contamination in platelets and tissues intended for transfusion and transplantation. Their products include the FDA-cleared Platelet PGD Test, which enhances safety and availability of platelet transfusions by enabling 7-day dating. The company targets healthcare providers and organizations involv... Read More
