This company offers mobile diagnostic labs that can be rapidly deployed to any healthcare setting. Their system performs a wide range of tests on-site, delivering results in under 30 minutes, while more complex tests are handled by a central lab, improving patient care and reducing healthcare resource utilization.
Funding
$13M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional laboratory testing often involves delays in obtaining results, leading to delayed treatment and increased patient anxiety. A significant percentage of patients skip requested lab tests, and critical results may not always reach the patient in a timely manner. Traditional labs are also prone to pre-analytical errors due to manual handling and logistical challenges.
Solution
Genalyte offers Merlin, a point-of-care diagnostic platform that delivers lab-quality results in approximately 30 minutes. Merlin integrates seamlessly into existing clinical workflows, automating the testing process from sample insertion to EMR integration. The system eliminates pre-analytical errors by minimizing manual handling and automating data transfer. By providing rapid, actionable results during the patient visit, Merlin aims to improve patient care, reduce follow-up appointments, and enhance overall efficiency for healthcare providers.
Target Audience
The primary target audience includes primary care and outpatient clinics, private and concierge clinics, hospitals and health systems, surgery centers and specialists, and government, military, and VA healthcare facilities.
Features
- Fully automated sample processing: load and go functionality for up to 20 vials
- Comprehensive diagnostic menu including complete blood count (CBC), lipid panel, and comprehensive metabolic panel (CMP)
- Proprietary Maverick Immunoassay Analyzer for rapid chemistry and hematology analysis
- Direct integration with existing EMR systems for seamless results delivery
- CloudLab platform for automated order routing and quality-checked results
- Elimination of manual data entry, reducing the risk of labeling errors and transcription mistakes