NOWDiagnostics, Inc.

SPRINGDALE, AR · Founded 2013 · CIK 0001572736 · Medtech · Private

Rapid point-of-care blood test cassette with smartphone reader for multiplexed serological analysis

nowdx.com →
Grants
$938K
1 award
Sector median: 1
Raised
$43M
7 Form D · Dec 2019
81 months since last filing
Contracts
$4.1M
3 awards · Defense, Health and Human S
#137 of 4531 in medtech
Patents
10
3 granted · 7 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$25,000
Private capital raisedForm D · SEC$1,400,000
Private capital raisedForm D · SEC$1,500,000
Private capital raisedForm D · SEC$6,208,000
Private capital raisedForm D · SEC$10,935,616
Federal contractDepartment of Defense · Igf::ot::igf:: SBIR Phase II Action$999,629
Private capital raisedForm D · SEC$13,250,000
Federal contractDepartment of Health and Human Services · Igf::ot::igf A Multiplexed Remote System For Filovirus Disease Surveillance$2,431,860
Private capital raisedForm D · SEC$18,974,741
Federal contractDepartment of Health and Human Services · To Develop Rapid And Accurate Point Of Care And Over The Counter Tests For Detection Of SARS-COV-2 Antibodies In Blood And Achieve Emergency Use Authorization (eua).$695,500
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
134NUSHORES BIOSCIENCES LLC$4.3M$350K
135TRACE BIOSCIENCES INC$4.2M—
136ShockWave Medical, Inc.$4.2M$110M
137NOWDiagnostics, Inc.$4.1M$43M
138SILK TECHNOLOGIES, LTD.$4.1M$5.0M
139Neurable Inc.$4.1M$12M
140DXDISCOVERY INC$4.1M—

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 · 14 related persons
  • Ann BordelonExecutive Officer
  • Clete BrewerDirector · Executive Officer · Promoter
  • Alan ChangDirector
  • Kevin ClarkDirector · Executive Officer · Promoter
  • Doug DegnDirector
  • Charles FarkasDirector
  • Chuck FarkasDirector
  • Gerald GallwasDirector
  • Gerald GalwasDirector
  • Jerry GalwnsDirector
  • John HarleyDirector
  • Jeff MontieDirector
  • Qinwei ShiExecutive Officer
  • Jeremy WilsonDirector · Executive Officer · Promoter

Patents

USPTO · 3 granted of 10

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.