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T2 Biosystems Inc   (NASDAQ: TTOO)
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Price: $0.2500 $0.00 1.626%
Day's High: $0.2586 Week Perf: -3.85 %
Day's Low: $ 0.24 30 Day Perf: -28.57 %
Volume (M): 930 52 Wk High: $ 6.95
Volume (M$): $ 233 52 Wk Avg: $3.11
Open: $0.25 52 Wk Low: $0.22



 Market Capitalization (Millions $) 4
 Shares Outstanding (Millions) 18
 Employees 60
 Revenues (TTM) (Millions $) 7
 Net Income (TTM) (Millions $) -48
 Cash Flow (TTM) (Millions $) -5
 Capital Exp. (TTM) (Millions $) 0

T2 Biosystems Inc
T2 Biosystems Inc is a healthcare company that develops and commercializes innovative diagnostic products for the detection of challenging infectious diseases. Their core technology, called T2 Magnetic Resonance, enables rapid and accurate detection of pathogens and their related biomarkers from various clinical samples. This technology eliminates the need for traditional culture-based methods, which can be time-consuming. T2 Biosystems' products are designed to improve patient outcomes by providing faster and more accurate diagnoses, allowing for more effective treatment decisions.


   Company Address: 101 Hartwell Avenue Lexington 2421 MA
   Company Phone Number: 761-4646   Stock Exchange / Ticker: NASDAQ TTOO


   

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Contract

T2 Biosystems Secures Commitment from Vizient Amid Revenue Challenges

Published Sun, Dec 29 2024 6:36 PM UTC

T2 Biosystems Extends Partnership with Vizient Despite Financial Instability LEXINGTON, Mass. In a move that underscores its commitment to addressing critical healthcare challenges, T2 Biosystems, Inc. (NASDAQ: TTOO), a pioneer in the rapid detection of sepsis-causing pathogens, has announced the extension of its multi-year capital equipment supplier agreement with Vizient...

Product Service News

T2 Biosystems Reaches Major Milestone with Global Shipment of 250,000 Sepsis Tests Amidst Financial Headwinds,

Published Sun, Dec 29 2024 11:59 AM UTC

T2 Biosystems Surpasses Key Milestone with 250,000 Sepsis Tests Shipped Globally Amid Financial Challenges In a significant achievement for T2 Biosystems Inc, the company has successfully shipped its 250,000th novel sepsis test globally, marking a crucial milestone in the adoption of its proprietary technology. This achievement reflects the growing global demand for T2 Biosy...

Product Service News

Global Expansion T2 Biosystems Bolsters European Presence with Key Instrument Sale,

Published Sat, Dec 28 2024 4:07 AM UTC

T2 Biosystems Strengthens European Market Presence with Strategic Instrument Sale T2 Biosystems, a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, has announced a significant step forward in its expansion into the European diagnostics market. The company recently completed the sale of four T2Dx Instruments to an established European...

Partnership

Innovations in Bio-Diagnostics and AI A Strategy for Combating Antimicrobial Resistance

Published Tue, Oct 8 2024 1:01 PM UTC

The ever-evolving landscape of antimicrobial resistance (AMR) presents an increasingly formidable challenge to public health worldwide. In response to this growing crisis, two cutting-edge biotechnology companies, T2 Biosystems, Inc. and Prxcision, Inc., have joined forces in a strategic co-marketing collaboration aimed at revolutionizing the field of diagnostics and antibio...

Product Service News

Evolving Sepsis Detection and Lyme Disease Testing T2 Biosystems Sets New Benchmarks in Diagnostics

Published Mon, Sep 23 2024 1:00 PM UTC

In the ever-evolving landscape of medical...







T2 Biosystems Inc's Segments
Product Instruments    22.17 % of total Revenue
Product Consumables    70.88 % of total Revenue
Instrument Rentals    0.45 % of total Revenue
Service    6.5 % of total Revenue
Total Product Revenue    100 % of total Revenue





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