Precipio, Inc. Overview
Pro stress-test →Precipio is a healthcare biotechnology company that provides cancer diagnostic products, reagents, and services in the United States, with a focus on diagnostic blood cancer testing services. The company leverages advanced molecular and digital imaging technologies to improve accuracy and speed in hematologic disease diagnosis.
Strategic Profile
Pro stress-test →Precipio develops precision diagnostic solutions integrating digital morphology, immunophenotyping, and molecular testing to improve diagnosis of leukemia and related blood disorders, designed to enhance accuracy and speed of laboratory workflows. The company offers IV-Cell, a proprietary cell culture media, and HemeScreen, a suite of genetic diagnostic panels.
Competitive Landscape
Pro stress-test →Precipio competes in the blood cancer diagnostics market against established players like T2 Biosystems, Biodesix, and ENDRA Life Sciences. The company differentiates through proprietary culture media (IV-Cell) and rapid genetic diagnostic panels (HemeScreen), targeting laboratory efficiency improvements and diagnostic accuracy in hematologic malignancies.
Industry Context
Precipio, Inc. operates in Healthcare Biotechnology - Cancer Diagnostics & Laboratory Medicine.
Key facts
Founded: 1997 · Headquarters: New Haven, Connecticut, US · Revenue: Growth of 27% YoY · Market cap: $32.7M-$41.6M