QuidelOrtho
QDELPrivate Company
Total funding raised: $100M
Overview
QuidelOrtho is a pure-play diagnostics leader with an 80+ year combined legacy, formed via a $6 billion merger in 2022. Its mission is to provide vital health information across the entire care continuum by leveraging a diversified technology portfolio spanning immunoassay, clinical chemistry, molecular diagnostics, and transfusion medicine. The company's strategy is to drive growth through portfolio integration, operational efficiency, and expanding its high-value informatics and service offerings to become an indispensable partner to healthcare providers globally.
Technology Platform
A diversified portfolio of diagnostic platforms including the VITROS integrated chemistry/immunoassay systems for central labs, SOFIA and QUICKVUE for point-of-care/rapid testing, LYRA for open-platform molecular PCR, and ORTHO VISION for automated transfusion medicine.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
QuidelOrtho competes with large IVD conglomerates (Roche, Abbott, Siemens) in central lab and specialized players in POC/rapid testing. Its primary advantages are its pure-play focus, unmatched breadth across the diagnostic continuum, and strong service reputation, though it faces constant pricing and innovation pressure.
Company Timeline
Initial Public Offering
Founded in San Diego, United States
PIPE: $100.0M