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Magellan Diagnostics logo — Protecting Lives through Accessible, Reliable Lead Testing S...

Magellan Diagnostics

Protecting Lives through Accessible, Reliable Lead Testing Solutions

Founded 1960 Private Equity Total: $50.00M Health Care

General Information

Company Name Magellan Diagnostics
Founded Year 1960
Industries Health Care
Funding Stage Private Equity
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About Magellan Diagnostics

Magellan Diagnostics is a Massachusetts-based company dedicated to protecting lives through accessible and reliable lead testing solutions. With a focus on preventing lead poisoning, the company offers point-of-care systems, clinical laboratory instruments, and analytical laboratory services. Established in the late 1960s as ESA, Inc., the company's technology has evolved from benchtop analyzers to portable instruments, enhancing the accessibility of lead testing. Magellan Diagnostics has received significant support, with a $50.00 million Private Equity Round investment on 29 November 2006 from prominent investors such as Abingworth, Ampersand Capital Partners, Bluehub Capital, Tekla Capital, New England Partners, Nexus Medical Partners, and KBL Healthcare Ventures. Operating in the health care industry, Magellan Diagnostics continues to make a substantial impact in identifying and protecting those at risk of lead exposure.

Taxonomy: lead testing, point-of-care systems, clinical laboratory instruments, analytical laboratory services, public health, preventive healthcare, MIT, ASV technology, blood lead analysis, innovation, accessibility, risk identification, lead poisoning prevention

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round •••••• 7
Investor Investor Investor Investor Investor
•••• •••• 		29 Nov 2006

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FAQ About Magellan Diagnostics

Protecting Lives through Accessible, Reliable Lead Testing Solutions
Magellan Diagnostics was founded in 1960.
Magellan Diagnostics operates in the following industries: Health Care.
Magellan Diagnostics has completed 1 funding round, raising a total of $50.00M. The latest funding stage is Private Equity.
Top alternatives and competitors to Magellan Diagnostics include xMD Diagnostics, Inc., A.Menarini Diagnostics, Dominion Diagnostics, Reliable Diagnostic Supplies (Pty) Ltd, ILSA. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Magellan Diagnostics and xMD Diagnostics, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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