AKONNI BIOSYSTEMS INC

FREDRICK, MD · CIK 0001254334 · Medtech · Private

Rapid molecular diagnostic test for nontuberculous mycobacteria (NTM) lung disease that simultaneously detects infection and antimicrobial resistance

akonni.com →
Grants
$15M
16 awards
Sector median: 1
Raised
$23M
11 Form D · Jun 2019
88 months since last filing
Contracts
$5.5M
8 awards · Health and Human S, Defense
#115 of 4531 in medtech
Patents
31
15 granted · 16 pending
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Federal contractDepartment of Health and Human Services · Tb Testing$749,714
Federal contractDepartment of Defense · Study$873,908
Private capital raisedForm D · SEC$1,166,386
Federal contractDepartment of Defense · Trutip Kits$9,299
Private capital raisedForm D · SEC$912,598
Private capital raisedForm D · SEC$934,650
Federal grantDepartment of Health and Human Services · Phase II · Diagnostic array for aseptic encephalitis$990,390
Private capital raisedForm D · SEC$368,996
Federal grantDepartment of Health and Human Services · Phase II · TB Diagnostics at the Point of Care$399,713
Federal grantDepartment of Health and Human Services · Phase II · A low-cost instrument for nucleic acid isolation.$761,218
Federal grantDepartment of Health and Human Services · Phase II · A low-cost instrument for nucleic acid isolation.$1,497,301
Federal contractDepartment of Defense · Tru Tip Blood And Rna Kits$15,850
Federal grantDepartment of Health and Human Services · Phase II · Diagnostic array for aseptic encephalitis$973,123
Private capital raisedForm D · SEC$800,000
Federal grantDepartment of Health and Human Services · Phase II · A low-cost instrument for nucleic acid isolation.$736,083
Federal contractDepartment of Health and Human Services · Igf::ot::igf A Low Cost Integrated Method For Isolation Of M. Tuberculosis Dna From Raw Sputum$299,976
Private capital raisedForm D · SEC$4,000,000
Federal contractDepartment of Health and Human Services · Igf::ot::igf Title - Sample Preparation And Screening Of Non-invasive Pediatric Specimens For Lower Respiratory Disease$224,978
Private capital raisedForm D · SEC$2,346,182
Federal grantDepartment of Health and Human Services · Phase II · TB Diagnostics at the Point of Care$148,964
Private capital raisedForm D · SEC$2,358,583
Private capital raisedForm D · SEC$7,500,000
Federal grant· 1 of 2 same dayDepartment of Health and Human Services · Phase II · TB Diagnostics at the Point of Care$2,999,998
Federal grant· 2 of 2 same dayDepartment of Health and Human Services · Phase II · TB Diagnostics at the Point of Care$1,000,000
Private capital raisedForm D · SEC$1,105,000
Federal contractDepartment of Health and Human Services · The Purpose Of This Contract Is To Produce An Inexpensive And Easy-to-use Sputum Processing System That Can Operate In A Low Resource Clinical Setting For On-site Molecular Testing Or Transport To A Centralized Facility. Upon Completion Of The Contract, The Contractor Shall Have Produced A Production-equivalent Instrument And Consumables So That They Can Be Manufactured Under Cgmp And Compliant With The Design Control Requirements Of Iso 13485. The Device Shall Have Been Tested To Meet Its User $2,999,954
Private capital raisedForm D · SEC$1,775,000
Federal grantDepartment of Health and Human Services · Phase II · TB Diagnostics at the Point of Care$999,998
Federal grantDepartment of Health and Human Services · Phase II · TB Diagnostics at the Point of Care$1,000,000
Federal grantDepartment of Health and Human Services · Phase I · Lab-on-a-Film Multiplexed Test for Respiratory Mycobacterial Infections$299,610
Federal grantDepartment of Health and Human Services · Phase I · Lateral flow array for undeclared food allergens$168,087
Federal grantDepartment of Health and Human Services · Phase II · Lab-on-a-Film Multiplexed Test for Respiratory Mycobacterial Infections$999,739
Federal contractDepartment of Defense · Phase I & Phase II - Trutip Alpha Prototype Kits$364,999
Federal grantDepartment of Health and Human Services · Phase II · Lab-on-a-Film Multiplexed Test for Respiratory Mycobacterial Infections$999,394
Federal grantDepartment of Health and Human Services · Phase II · Lab-on-a-Film Multiplexed Test for Respiratory Mycobacterial Infections$996,031
Federal grant · SBIR/STTRFederal contract · USAspendingForm D · SEC

Peer position

Medtech · 4531 companies · ranked on federal contract value
Medtech companies ranked by federal contract value
#CompanyContractsDisclosed equity
112TayCo Brace, Inc.$5.8M$792K
113TRIPLE RING TECHNOLOGIES INC$5.7M$1.0M
114Inscopix, Inc.$5.6M—
115AKONNI BIOSYSTEMS INC$5.5M$23M
116410 MEDICAL, INC.$5.5M$29M
117LAMBDAVISION INCORPORATED$5.4M—
118MOTION CONTROL, INC$5.4M—

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 19 related persons
  • Darrell ChandlerExecutive Officer
  • Charles DaitchDirector · Executive Officer
  • Jon DavisExecutive Officer
  • Michael FarmerDirector · Executive Officer
  • Lawrence FirestoneExecutive Officer
  • Dr. Myun HanDirector
  • Thomas HigginsDirector · Executive Officer
  • David KeysDirector
  • Tom McMahonDirector
  • Brian MorraDirector
  • Michael MurphyExecutive Officer
  • Chuck ParrishDirector
  • Ron PionDirector · Executive Officer
  • Mary PitmanDirector
  • Mary PittmanDirector
  • Jennifer ReynoldsExecutive Officer
  • George RudyExecutive Officer
  • Mark WoodDirector
  • Dr. Jialu WuDirector

Patents

USPTO · 15 granted of 31

Regulatory activity · Medtech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.