OraSure

OraSure

OSUR
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Private Company

Total funding raised: $103M

Market Cap: $218.1MFounded: 1987HQ: Bethlehem, United States

Overview

OraSure Technologies (OSUR) is a mission-driven diagnostics company focused on decentralizing healthcare through a portfolio of non-invasive testing and sample collection platforms. Its strategy has been built on internal innovation and strategic acquisitions, including DNA Genotek (sample management), BioMedomics (point-of-care rapid tests), and Sherlock Biosciences (next-gen molecular platforms). This has created a comprehensive ecosystem from sample to result, targeting infectious diseases, genetic conditions, and research applications. The company aims to improve healthcare access, quality, and value by empowering individuals and providers with actionable diagnostic insights.

Infectious DiseaseGenetic Disorders

Technology Platform

A synergistic portfolio of diagnostic platforms including non-invasive sample collection/stabilization (oral fluid, saliva), lateral flow rapid tests, and next-generation instrument-free molecular platforms (INSPECTR™ synthetic biology and SHERLOCK™ CRISPR-based).

Funding History

3
Total raised:$103M
Grant$8M
Debt$50M
IPO$45M

Opportunities

The global shift towards decentralized, point-of-care, and home-based diagnostics presents a massive growth opportunity, particularly for OraSure's non-invasive and instrument-free platforms.
Expansion of sickle cell screening programs globally and the growing life sciences research market for stabilized samples provide additional near-term revenue drivers.

Risk Factors

Key risks include the technical and commercial failure of the high-potential but unproven INSPECTR™/SHERLOCK™ molecular platforms, intense competition from larger diagnostics firms, and the regulatory and reimbursement hurdles inherent in bringing new diagnostic tests to market.

Competitive Landscape

OraSure competes in distinct segments: against large players like Abbott in rapid POC tests, with differentiation in oral fluid; as a niche leader in molecular sample collection via DNA Genotek; and in the future, against CRISPR/molecular startups in instrument-free diagnostics. Its integrated sample-to-result strategy is a key differentiator.

Company Timeline

1987Founded

Founded in Bethlehem, United States

2000IPO

IPO — $45.0M

2020Debt

Debt: $50.0M

2021Grant

Grant: $8.0M