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T2 Biosystems

T2 Biosystems

T2 Biosystems is a Lexington, Massachusetts-based company developing diagnostic products targeting sepsis and in vitro diagnostic products intended to target sepsis, hemostasis, bacteria, and lyme disease founded in 2006 by Robin Toft.

OverviewStructured DataIssuesContributors

Contents

t2biosystems.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Nanotechnology
Nanotechnology
Healthcare
Healthcare
Medical diagnostics
Medical diagnostics
‌
Nanomedicine
Biomedical engineering
Biomedical engineering
Technology
Technology
Biology
Biology
...
Location
Lexington, Massachusetts
Lexington, Massachusetts
0
Wilmington, Massachusetts
Wilmington, Massachusetts
0
United States
United States
B2X
B2C
B2C
CEO
‌
Robin Toft
0
‌
John Sperzel
0
‌
John W. Cumming
0
Thierry Bernard
Thierry Bernard
0
‌
Dr. Ninfa M. Saunders,
0
Founder
‌
Robin Toft
Michael Cima
Michael Cima
Tyler Jacks
Tyler Jacks
‌
Lee Josephson
AngelList URL
angel.co/t2-biosystems
Date Incorporated
2006
Number of Employees (Ranges)
51 – 200
Email Address
info@t2biosystems.com0
t2service@t2biosystems.com0
Phone Number
+178145712000
Full Address
231 Andover Street Wilmington, MA 01880
101 HARTWELL AVE LEXINGTON, MA 02421 UNITED STATES0
CIK Number
1,492,674
Investors
Flybridge Capital Partners
Flybridge Capital Partners
Polaris Partners
Polaris Partners
Partners HealthCare
Partners HealthCare
Goldman Sachs
Goldman Sachs
WS Investments
WS Investments
‌
Arcus Ventures
Partners Healthcare Group
Partners Healthcare Group
Flagship Pioneering
Flagship Pioneering
...
DUNS Number
803126320
Founded Date
2006
Fax Number
781-240-04640
781-240-05410
781-357-3080
Total Funding Amount (USD)
255,800,000
Latest Funding Round Date
September 2019
Stock Symbol
TTOO0
Exchange
Nasdaq
Nasdaq
0
Former CEO
John McDonough
John McDonough
Latest Funding Type
Series E
Series E
Patents Assigned (Count)
40
Wellfound ID
t2-biosystems
Country
United States
United States
0
Headquarters
Lexington, Massachusetts
Lexington, Massachusetts
0

Other attributes

Company Operating Status
Active

T2 Biosystems is a company that is known for developing products that treat life altering diseases. The solutions that they have developed were created with the purpose of saving lives and reducing the healthcare costs for patients and caregivers.

Some of the products and solutions that T2 Biosystems has developed includes their T2 Biosystems, T2MR, T2Bacteria Panel, T2Candida Panel, and T2Dx. They are also developing their T2Direct Diagnostics, T2HemoStat, T2Plex, T2Cauris, T2Resistance, and T2SARS-CoV-2 in their pipeline.

Innovating solutions to treat against diseases such as sepsis, hemostasis, and bacterial and Lyme disease is possible through the company's T2MR method. T2MR is a method that utilizes miniaturized magnetic resonance technology to measure the reaction of water molecules that are present around a magnetic field. The method does not require purification or extraction of target molecules in order to identify those target molecules.

The number of cells that is required for the T2MR to detect target cells or organism in a blood culture can be as low as 1 CFU/mL, as opposed to the standard range of 10,000 to 1,000,000 CFUs/mL. This property of the method allows the T2MR to detect low levels of pathogens in whole blood.

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Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

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