Foundation Medicine, Inc.

CAMBRIDGE, MA · Founded 2009 · CIK 0001488613 · Medtech · Acquired

Genomic sequencing tests for cancer diagnosis and treatment selection

foundationmedicine.com →
Grants
—
No SBIR or STTR on record
Sector median: 1
Raised
$59M
3 Form D · Sep 2012
169 months since last filing
Contracts
$158M
58 awards · Veterans Affairs, Defense, Health and Human S
#8 of 4531 in medtech
Patents
40
2 granted · 38 pending
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Private capital raisedForm D · SEC$7,000,000
Private capital raisedForm D · SEC$10,000,000
Private capital raisedForm D · SEC$42,499,987
Federal contractDepartment of Veterans Affairs · Igf::ot::igf Fee Basis Tests$4,600
Federal contractDepartment of Defense · Igf::ot::igf Lab Tests$5,800
Federal contractDepartment of Veterans Affairs · Igf::ot::igf - Genomic Referral Testing Services$5,600
Federal contractDepartment of Veterans Affairs · One Foundation Optimized For Solid Tumor Testing On One Va Patient At The Durham Va Medical Center$4,600
Federal contractDepartment of Veterans Affairs · Igf::ot::igf Lab Testing For Solid Tumor (cancer)$11,600
Federal contractDepartment of Veterans Affairs · Igf::ot::igf - Genomic Referral Testing Services$5,600
Federal contractDepartment of Veterans Affairs · Igf::ot::igf Provide Offsite Clinical Reference Laboratory Stat Testing Services To The Kansas City Vamc.$4,600
Federal contractDepartment of Veterans Affairs · Genomic Test$5,800
Federal contractDepartment of Defense · Igf::ot::igf Lab Tests, Foundation One$5,800
Federal contractDepartment of Veterans Affairs · Igf::ot::igf Foundationone Hematologic Testing$3,500
Federal contractDepartment of Defense · Igf::ot::igf Foundation One Lab Test$5,800
Federal contractDepartment of Veterans Affairs · Igf::ot::igf Urgent Testing$4,200
Federal contractDepartment of Veterans Affairs · Genetic Test$5,800
Federal contractDepartment of Defense · Solid Tumor Tc Patient A$10,450
Federal contractDepartment of Veterans Affairs · Tumor Mutational Burden (quantitative Genomic Marker) Services Visn 15$3,500
Federal contractDepartment of Veterans Affairs · Solid Tumor And Hematologic Tumor Mutational Burden (quantitative Genomic Marker) Services; Wichita$3,500
Federal contractDepartment of Veterans Affairs · Igf::ot::igf One Time Genetics Testing At The Vamc In Hines, Il.$12,600
Federal contractDepartment of Veterans Affairs · Tumor Mutational Burden (quantitative Genomic Marker) Services Visn 15 Task Order Award - Kc$3,500
Federal contractDepartment of Veterans Affairs · Tumor Mutational Burden (quantitative Genomic Marker) Services Visn 15 Task Order Award$2,950
Federal contractDepartment of Veterans Affairs · Igf::ot::igf Genomic Sequencing Testing Services Task Order$6,686,063
Federal contractDepartment of Veterans Affairs · Tumor Mutational Burden (quantitative Genomic Marker) Services Visn 15 Task Order Award$2,950
Federal contractDepartment of Veterans Affairs · Genomic Sequencing Testing Services$17,706,754
Federal contractDepartment of Veterans Affairs · Hematologic Malignancies Testing$2,606
Federal contractDepartment of Veterans Affairs · Nop Hematologic Next Generation Sequencing Testing For The Richard L Roudebush Va Medical Center$135,529
Federal contractDepartment of Veterans Affairs · Hematologic Malignancies Ngs Test$2,602
Federal contract· 1 of 2 same dayDepartment of Veterans Affairs · Genomic Sequencing Testing Services$22,211,489
Federal contract· 2 of 2 same dayDepartment of Veterans Affairs · Hematologic Malignancies Ngs$2,606
Federal contractDepartment of Veterans Affairs · Reference Lab Test$2,606
Federal contractDepartment of Veterans Affairs · Hematologic Malignancies Testing Services$2,606
Federal contractDepartment of Veterans Affairs · Malignancies Testing, Ngs Wichita Vamc$2,606
Federal contractDepartment of Veterans Affairs · Test Malign$2,606
Federal contractDepartment of Veterans Affairs · Genomic Sequencing Testing Services$22,382,850
Federal contractDepartment of Veterans Affairs · Reference Lab Test$5,213
Federal contractDepartment of Veterans Affairs · Heme Genomic Testing$13,032
Federal contractDepartment of Veterans Affairs · Next Generation Sequencing (ngs) Of Prostate Cancer Samples.$5,000
Federal contractDepartment of Veterans Affairs · Genomic Sequencing Testing Services$20,339,628
Federal contractDepartment of Veterans Affairs · Genomic Sequencing Testing Services$22,374,867
Federal contractDepartment of Veterans Affairs · Task Order For Base Year$24,000,010
Federal contractDepartment of Veterans Affairs · Hematologic Malignancy Next Generation Sequencing (nsg) Emergency$110,000
Federal contractDepartment of Veterans Affairs · Modification P1 To Add An Additional Poc For Fmi And Additional Report$21,581,260
Federal contractDepartment of Veterans Affairs · Igf:ct:igf:testing$237,400
Federal contract · USAspendingForm D · SEC

Peer position

Medtech · 4531 companies · ranked on federal contract value
Medtech companies ranked by federal contract value
#CompanyContractsDisclosed equity
5CEPHEID$219M$5.2M
6Spectral Md, Inc.$189M$1.1M
7Synchron$170M$82M
8Foundation Medicine, Inc.$158M$59M
9Inbios International Inc$146M—
10Crossject SA$104M$10M
11Stratatech Corporation$98M$3.0M

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 · 17 related persons
  • Alexis BorisyDirector · Executive Officer
  • ALEXIS BORISY, M.S.Director
  • Brook ByersDirector
  • Robert HessleinExecutive Officer
  • Evan JonesDirector
  • Kevin KrenitskyExecutive Officer
  • KEVIN KRENITSKY, M.D.Executive Officer
  • Mark LevinDirector
  • MARK LEVINDirector
  • Michael PelliniDirector · Executive Officer
  • MICHAEL PELLINI, M.D.Director · Executive Officer
  • Jason RyanExecutive Officer
  • David SchenkeinDirector
  • DAVID SCHENKEINDirector
  • Robert TepperDirector
  • ROBERT TEPPER, M.D.Director
  • Krishna YeshwantDirector

Patents

USPTO · 2 granted of 40
  • Systems And Methods For Identifying Mitochondrial Dna Variantsapplication
  • Tree-based Model For Selecting Treatments And Determining Expected Treatment Outcomesapplication
  • Therapeutic And Diagnostic Methods For Cancerapplication
  • Methods For Evaluating Clonal Tumor Mutational Burdenapplication
  • Methods And Systems For Detection Of Mismatch Repair Deficiencyapplication
  • Braf Gene Fusions And Uses Thereofapplication
  • Classification Of Samples Based On Methylation Analysis Of Dna Fragmentsapplication
  • System And Method For Outcome Tracking And Analysisapplication
  • Compositions And Methods For Evaluating Genomic Alterationsapplication
  • Bcor Rearrangements And Uses Thereofgranted
  • Oligonucleotides And Methods For Capturing Single-stranded Templates And/or Templates With 3' Overhangsapplication
  • Novel Alk And NTRK1 Fusion Molecules And Uses Thereofapplication

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.