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Abcodia

Blood-based tests for early cancer detection

Overview

Abcodia creates blood tests that help detect cancer early. Its main product, the ROCA Test, analyzes substances in blood (serum biomarkers) to estimate a woman's risk of having ovarian cancer, offering a non-invasive and affordable screening option. The company relies on a large serum biobank and a business model built around discovering and validating new biomarkers, then turning them into diagnostic tests sold to healthcare providers and partners. By focusing on non-invasive, early detection, Abcodia aims to improve treatment outcomes and survival rates for solid tumors overall.

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About Abcodia

Simplify's Rating
Why Abcodia is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsBiotechnologyHealthcare

Company Size

1-10

Company Stage

Acquired

Total Funding

$8.4M

Headquarters

Leeds, United Kingdom

Founded

2010

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Simplify's take

What believers are saying

  • UCLH ROCA funding now extends through 2027, supporting continued clinical use.
  • HSJ shortlisted the UCLH ROCA pathway in August 2026, validating clinical credibility.
  • GENinCode signed Switzerland and Austria ROCA agreements in 2024, enabling European expansion.

What critics are saying

  • GENinCode’s H1 2026 revenue fell to £1.1 million, pressuring Abcodia funding.
  • ROCA adoption still depends on individual NHS trust budgets, slowing scale.
  • If NHS expansion stalls and Thermo Fisher underdelivers, Abcodia becomes commercially stranded.

What makes Abcodia unique

  • Abcodia owns ROCA, a NICE-endorsed ovarian-cancer surveillance algorithm within GENinCode.
  • Its Manchester biobank and serum biomarker know-how support early-detection test development.
  • UCLH became the first NHS trust using ROCA outside a trial setting.

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Funding

Total Funding

$8.4M

Above

Industry Average

Funded Over

5 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
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Company News

MarketScreener
Sep 26th, 2022
GENinCode Plc acquired Abcodia Limited from its institutional, VCT, university research and high net worth individual for £1 million.

GENinCode Plc acquired Abcodia Limited from its institutional, VCT, university research and high net worth individual shareholders for £1 million on September 27, 2022. Abcodia has been acquired...

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