Axim Biotech
AXIMPrivate Company
Total funding raised: $44.5M
Overview
AXIM Biotechnologies is a diagnostic-focused R&D company with a mission to improve patient lives through rapid, in-clinic testing solutions. The company has achieved commercial validation with two FDA-cleared ophthalmological diagnostics and is leveraging its integrated platform to diversify into early cancer detection and cannabinoid research. Its strategy combines direct commercialization, strategic alliances, and a client-focused diagnostic development service to address unmet needs in multiple therapeutic areas.
Technology Platform
A vertically integrated R&D platform for developing rapid, quantitative, point-of-care lateral flow diagnostic tests, with capabilities extending to biomarker discovery, assay design, and formulation chemistry.
Funding History
5Opportunities
Risk Factors
Competitive Landscape
Competes in ocular Dx with TearLab and QuidelOrtho, differentiated by quantitative lactoferrin testing. Faces intense competition in broader POC Dx from giants like Abbott and Roche. Early IP and niche focus are key competitive advantages.
Competitors
Company Timeline
Founded in New York, United States
Series A: $10.0M
Series B: $20.0M