Daxor
DXRPrivate Company
Total funding raised: $7M
Overview
Daxor Corporation's mission is to advance healthcare by enabling optimal fluid management through its proprietary Blood Volume Analysis (BVA) technology. The company has achieved FDA clearance for its next-generation Daxor BVA Analyzer, built on a foundation of over 75,000 tests and 175+ peer-reviewed studies demonstrating improved outcomes in heart failure and ICU settings. Its strategy centers on commercializing this rapid, portable system to address the 'silent crisis' of volume mismanagement in value-based care, leveraging its U.S. manufacturing facility for scale.
Technology Platform
Patented Blood Volume Analyzer (BVA) systems based on indicator dilution using iodine-131 radiolabeled human serum albumin (RISA) to directly and accurately measure total blood volume, red cell volume, and plasma volume.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
Daxor has no direct competitor offering an FDA-cleared device for direct blood volume measurement. Its main competition is the entrenched standard of care using imprecise surrogates. Adjacent technologies like non-invasive hemodynamic monitors or bioimpedance devices are indirect and not substitutive, giving Daxor a strong first-mover moat.
Company Timeline
Founded in Oak Ridge, United States
PIPE: $5.0M
Grant: $2.0M