MeMed Company

MeMed Diagnostics is a personalized diagnostics company founded in 2009. Their solutions aim to improve patient care, empower physicians, and lower health-care costs through rapid and actionable diagnostics for infectious diseases. Their main focus is preventing antibiotics misuse. Antibiotics are the most prescribed class of drugs worldwide with a global market of 25-30 billion $US. Up to 70% of antibiotics are estimated to be prescribed inappropriately, making them the most misused drug class in the world. Antibiotics misuse leads to ineffective treatment, emergence of resistant strains of bacteria, and is estimated to cost healthcare systems worldwide tens of billions of dollars annually. Their platform, the ImmunoDx™, leverages the world’s most accurate diagnostic system for differentiating bacteria from viruses, crafted by nature, the body’s immune system.
Technology: Biotechnology, Health Care, Health Diagnostics, Medical
Industry: Personalized Medicine
Headquarters: Tirat Carmel, Israel
Founded Date: 2009
Employees Number: 10-50
Funding Status: Late Stage Venture

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