Daxor

Daxor

DXR
Is this your company? Claim your profile to update info and connect with investors.
Claim profile

Private Company

Total funding raised: $7M

Market Cap: $56.8MFounded: 1975HQ: Oak Ridge, United States

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.

CardiovascularCritical Care

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

2
Total raised:$7M
Grant$2M
PIPE$5M

Opportunities

The shift to value-based care creates a powerful incentive for hospitals to adopt tools like BVA that demonstrably reduce costly readmissions and improve outcomes.
The vast, underserved patient populations in heart failure and critical care represent multi-billion dollar addressable markets with no direct competitive device.

Risk Factors

The primary risk is commercial adoption, requiring Daxor to overcome entrenched clinical practices with limited sales and marketing resources.
The company's micro-cap financial position constrains its ability to fund aggressive growth, and navigating complex hospital reimbursement remains an ongoing challenge.

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

1975Founded

Founded in Oak Ridge, United States

2020PIPE

PIPE: $5.0M

2022Grant

Grant: $2.0M