Abcodia

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.

About Abcodia

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

Industries

Data & Analytics

Biotechnology

Healthcare

Company Size

1-10

Company Stage

Acquired

Total Funding

$9.8M

Headquarters

Leeds, United Kingdom

Founded

2010

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Simplify's Take

What believers are saying

  • GENinCode accelerates ROCA revenues in UK post-2022 acquisition.
  • Lancet study shows 20% ovarian cancer mortality reduction via ROCA screening.
  • Full Abcodia integration boosts GENinCode's 2023 oncology expansion.

What critics are saying

  • FDA 2016 warning deems ROCA unreliable, blocks US commercialization.
  • GENinCode earnout fails without £0.35m then £0.65m EBIT by 2028.
  • Guardant Health displaces ROCA with FDA-cleared multi-cancer tests.

What makes Abcodia unique

  • ROCA Test uses proprietary algorithm for ovarian cancer risk in BRCA carriers.
  • Exclusive serum biobank validates biomarkers for early solid tumor detection.
  • Multimodal screening with CA-125 achieves 85.8% sensitivity, 99.8% specificity.

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Funding

Total Funding

$9.8M

Above

Industry Average

Funded Over

5 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

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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