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    T2 Biosystems, Inc. (TTOO)

    Price:

    0.01 USD

    ( + 0.00 USD)

    Your position:

    0 USD

    ACTION PANEL
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    ABOUT
    Symbol
    TTOO
    Name
    T2 Biosystems, Inc.
    Industry
    Medical - Diagnostics & Research
    Sector
    Healthcare
    Price
    0.013
    Market Cap
    364.590k
    Enterprise value
    50.200M
    Currency
    USD
    Ceo
    Craig R. Jalbert CIRA
    Full Time Employees
    113
    Ipo Date
    2014-08-07
    City
    Lexington
    Address
    101 Hartwell Avenue

    Check the

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    SIMILAR COMPANIES STI SCORE

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    Market Cap
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    Industry
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    PharmChem, Inc.

    VALUE SCORE:

    10

    Symbol
    PCHM
    Market Cap
    21.656M
    Industry
    Medical - Diagnostics & Research
    Sector
    Healthcare
    FUNDAMENTALS
    P/E
    -0.007
    P/S
    0.061
    P/B
    -0.020
    Debt/Equity
    -1.618
    EV/FCF
    -0.634
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    2.872
    Earnings yield
    -140.213
    Debt/assets
    1.048
    FUNDAMENTALS
    Net debt/ebidta
    -0.555
    Interest coverage
    -15.953
    Research And Developement To Revenue
    1.625
    Intangile to total assets
    0
    Capex to operating cash flow
    0
    Capex to revenue
    0
    Capex to depreciation
    0
    Return on tangible assets
    -1.804
    Debt to market cap
    51.960
    Piotroski Score
    3.000
    FUNDAMENTALS
    PEG
    -0.000
    P/CF
    -0.008
    P/FCF
    -0.013
    RoA %
    -180.367
    RoIC %
    -357.908
    Gross Profit Margin %
    -83.328
    Quick Ratio
    0.244
    Current Ratio
    0.400
    Net Profit Margin %
    -543.748
    Net-Net
    -1.357
    FUNDAMENTALS PER SHARE
    FCF per share
    -1.519
    Revenue per share
    0.335
    Net income per share
    -1.823
    Operating cash flow per share
    -1.519
    Free cash flow per share
    -1.519
    Cash per share
    0.116
    Book value per share
    -0.654
    Tangible book value per share
    -0.654
    Shareholders equity per share
    -0.654
    Interest debt per share
    1.172
    TECHNICAL
    52 weeks high
    3.800
    52 weeks low
    0.011
    Current trading session High
    0.013
    Current trading session Low
    0.013
    DIVIDEND
    Dividend yield
    0.00%
    Payout ratio
    0.00%
    Years of div. Increase
    0
    Years of div.
    0
    Q-shift
    Dividend per share
    0
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Medical - Diagnostics & Research
    Dividend yield
    0.008159188%
    Payout Ratio
    23.756432999999998%
    P/E
    29.358
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Medical - Diagnostics & Research
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -0.000
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Biotechnology
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -0.334
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Medical - Devices
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -3.889
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Biotechnology
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -5.089
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Biotechnology
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -0.083
    DESCRIPTION

    T2 Biosystems, Inc., an in vitro diagnostics company, develops diagnostic products and product candidates in the United States and internationally. Its technology enables detection of pathogens, biomarkers, and other abnormalities in various unpurified patient sample types, including whole blood, plasma, serum, saliva, sputum, cerebral spinal fluid, and urine. The company also offers T2Dx Instrument, a bench-top instrument that runs various diagnostic tests from patient samples; T2Candida, a direct-from-blood test that identifies blood stream infections that causes sepsis and candidemia; T2Bacteria, a direct-from-blood test, which detects bacterial pathogens associated with sepsis; T2Resistance to identify carbapenem resistance genes; and T2SARS-CoV-2 panel to detect SARS-CoV-2 virus. In addition, it is developing T2Biothreat for detection of biothreat pathogens; comprehensive sepsis panel to detect bloodstream infections caused by bacterial and Candida species, and antibiotic resistant markers; T2Cauris to provide direct detection of the emerging superbug Candida auris in patient skin, patient blood, and hospital environmental samples; and T2Lyme, a direct-from-blood test panel designed to run on the T2Dx Instrument to identify the bacteria that cause Lyme disease. The company has collaboration agreements with Canon U.S. Life Sciences, Inc. to develop a diagnostic test panel to detect Lyme disease. T2 Biosystems, Inc. was incorporated in 2006 and is headquartered in Lexington, Massachusetts.

    NEWS
    https://images.financialmodelingprep.com/news/t2-biosystems-announces-extension-of-multiyear-capital-equipment-supplier-20241216.jpg
    T2 Biosystems Announces Extension of Multi-Year Capital Equipment Supplier Agreement with Vizient, Inc.

    globenewswire.com

    2024-12-16 09:00:00

    LEXINGTON, Mass., Dec. 16, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ: TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced that its multi-year capital equipment supplier agreement with Vizient, Inc., the largest member-driven health care performance improvement company in the United States, has been extended through March 31, 2026. The products covered under the contract with Vizient include the T2Dx® Instrument, the T2Bacteria® Panel and the T2Candida® Panel, which detect sepsis-causing bacterial and fungal pathogens directly from whole blood.

    https://images.financialmodelingprep.com/news/t2-biosystems-announces-plans-to-license-its-proprietary-technology-20241209.jpg
    T2 Biosystems Announces Plans to License its Proprietary Technology to Expand its Leadership in Direct-From-Whole-Blood Detection of Sepsis-Causing Pathogens

    globenewswire.com

    2024-12-09 09:00:00

    Intends to accelerate broad adoption of direct-from-whole-blood diagnostics, generate non-dilutive capital, and create a new royalty revenue stream Intends to accelerate broad adoption of direct-from-whole-blood diagnostics, generate non-dilutive capital, and create a new royalty revenue stream

    https://images.financialmodelingprep.com/news/t2-biosystems-inc-ttoo-q3-2024-earnings-call-transcript-20241114.jpg
    T2 Biosystems, Inc. (TTOO) Q3 2024 Earnings Call Transcript

    seekingalpha.com

    2024-11-14 18:12:55

    T2 Biosystems, Inc. (NASDAQ:TTOO ) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants Trip Taylor - Investor Relations John Sperzel - Chairman & Chief Executive Officer John Sprague - Chief Financial Officer Conference Call Participants Yi Chen - H.C. Wainwright Operator Greetings.

    https://images.financialmodelingprep.com/news/t2-biosystems-to-report-third-quarter-2024-financial-results-20241105.jpg
    T2 Biosystems to Report Third Quarter 2024 Financial Results and Business Updates on November 14, 2024

    globenewswire.com

    2024-11-05 08:00:00

    LEXINGTON, Mass., Nov. 05, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, announced today that it will report financial results for the third quarter 2024 and business updates after market close on Thursday, November 14, 2024.

    https://images.financialmodelingprep.com/news/t2-biosystems-inc-ttoo-business-update-conference-call-transcript-20241010.jpg
    T2 Biosystems, Inc. (TTOO) Business Update Conference Call Transcript

    seekingalpha.com

    2024-10-10 20:27:07

    T2 Biosystems, Inc. (NASDAQ:TTOO ) Business Update Conference Call October 10, 2024 4:30 PM ET Company Participants Trip Taylor - IR John Sperzel - Chairman and CEO Conference Call Participants Eduardo Martinez - H.C. Wainwright Operator Good day, everyone.

    https://images.financialmodelingprep.com/news/t2-biosystems-to-host-business-update-call-on-october-20241008.jpg
    T2 Biosystems to Host Business Update Call on October 10, 2024

    globenewswire.com

    2024-10-08 16:05:00

    LEXINGTON, Mass., Oct. 08, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, announced today that it will host a business update call to provide additional details on recent developments after market close at 4:30pm ET on Thursday October 10, 2024. On the call management also plans to address select questions from shareholders that can be submitted in advance to the investor relations team at ir@T2Biosystems.com .

    https://images.financialmodelingprep.com/news/t2-biosystems-announces-exclusive-us-agreement-with-cardinal-health-20241007.jpg
    T2 Biosystems Announces Exclusive U.S. Agreement with Cardinal Health to Sell its FDA-Cleared Direct-From-Blood Diagnostics for Rapid Detection of Sepsis-Causing Pathogens

    globenewswire.com

    2024-10-07 09:05:00

    LEXINGTON, Mass., Oct. 07, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ: TTOO) (the “Company”), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced that it has entered into a multi-year exclusive U.S. agreement with Cardinal Health (NYSE: CAH),. Under the agreement, Cardinal Health will have exclusive rights to sell T2 Biosystems' FDA-cleared direct-from-blood diagnostics for the rapid detection of sepsis-causing pathogens, including the T2Dx® Instrument, the T2Bacteria® Panel, and the T2Candida® Panel.

    https://images.financialmodelingprep.com/news/t2-biosystems-achieves-successful-defense-of-patent-for-directfromwhole-20240920.jpg
    T2 Biosystems Achieves Successful Defense of Patent for Direct-From-Whole Blood Pathogen Detection Method in the European Union

    globenewswire.com

    2024-09-20 09:00:00

    LEXINGTON, Mass., Sept. 20, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO) (the “Company”), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced that it has successfully defended against an opposition filed against a key patent for its direct-from-whole blood detection method in the European Union.

    https://images.financialmodelingprep.com/news/t2-biosystems-to-participate-in-the-hc-wainwright-26th-20240827.jpg
    T2 Biosystems to Participate in the H.C. Wainwright 26th Annual Global Investment Conference

    globenewswire.com

    2024-08-27 16:05:00

    LEXINGTON, Mass., Aug. 27, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced plans to participate in the upcoming H.C. Wainwright 26th Annual Global Investment Conference.

    https://images.financialmodelingprep.com/news/t2-biosystems-to-attend-upcoming-investor-conferences-20240801.jpg
    T2 Biosystems to Attend Upcoming Investor Conferences

    globenewswire.com

    2024-08-01 16:05:00

    LEXINGTON, Mass., Aug. 01, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced plans to participate in two upcoming investor conferences in August 2024:

    https://images.financialmodelingprep.com/news/t2-biosystems-inc-ttoo-q2-2024-earnings-call-transcript-20240729.jpg
    T2 Biosystems, Inc. (TTOO) Q2 2024 Earnings Call Transcript

    seekingalpha.com

    2024-07-29 18:36:02

    T2 Biosystems, Inc. (NASDAQ:TTOO ) Q2 2024 Earnings Conference Call July 29, 2024 4:30 PM ET Company Participants Trip Taylor - Investor Relations John Sperzel - Chairman & Chief Executive Officer John Sprague - Chief Financial Officer Conference Call Participants Kyle Mikson - Canaccord Operator Greetings, and welcome to T2 Biosystems, Inc. Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

    https://images.financialmodelingprep.com/news/t2-biosystems-announces-commercial-expansion-through-malaysia-and-indonesia-20240729.jpg
    T2 Biosystems Announces Commercial Expansion Through Malaysia and Indonesia Distributor

    globenewswire.com

    2024-07-29 16:02:00

    LEXINGTON, Mass., July 29, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistant genes, today announced the execution of a territory exclusive distribution agreement in Malaysia and Indonesia. Under the terms of the agreement, T2 Biosystems will sell the T2Dx® Instrument, the T2Bacteria® Panel, the T2Candida® Panel, and the T2Resistance® Panel through the newly appointed distributor.

    https://images.financialmodelingprep.com/news/t2-biosystems-to-report-second-quarter-2024-financial-results-20240722.jpg
    T2 Biosystems to Report Second Quarter 2024 Financial Results and Business Updates on July 29, 2024

    globenewswire.com

    2024-07-22 16:05:00

    LEXINGTON, Mass., July 22, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, announced today that it will report financial results for the second quarter 2024 and business updates after market close on Monday, July 29, 2024.

    https://images.financialmodelingprep.com/news/t2-biosystems-regains-compliance-with-nasdaq-continued-listing-requirements-20240522.jpg
    T2 Biosystems Regains Compliance with Nasdaq Continued Listing Requirements

    globenewswire.com

    2024-05-22 09:00:00

    LEXINGTON, Mass., May 22, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO) (the “Company”), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced that it received written notice from the Nasdaq Stock Market LLC (“Nasdaq”) on May 21, 2024 informing the Company that it has regained compliance with the market value of listed securities (“MVLS”) requirement, as set forth in Nasdaq Listing Rule 5550(b)(2) (the “Rule”) for continued listing on the Nasdaq Capital Market.

    https://images.financialmodelingprep.com/news/t2-biosystems-announces-closing-of-8-million-private-placement-20240517.jpg
    T2 Biosystems Announces Closing of $8 Million Private Placement Priced At-The-Market Under Nasdaq Rules

    globenewswire.com

    2024-05-17 16:05:00

    LEXINGTON, Mass., May 17, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced that it has closed its previously announced private placement for the purchase and sale of an aggregate of 2,025,317 shares of common stock (or pre-funded warrant in lieu thereof), series A warrants to purchase up to 2,025,317 shares of common stock and short-term series B warrants to purchase up to 2,025,317 shares of common stock at a purchase price of $3.95 per share of common stock (or per pre-funded warrant in lieu thereof) and accompanying warrants priced at-the-market under Nasdaq rules. The series A warrants and short-term series B warrants have an exercise price of $3.70 per share and are exercisable immediately upon issuance. The series A warrants will expire five and one-half years from the date of issuance and the short-term series B warrants will expire eighteen months from the date of issuance.

    https://images.financialmodelingprep.com/news/t2-biosystems-announces-8-million-private-placement-priced-atthemarket-20240515.jpg
    T2 Biosystems Announces $8 Million Private Placement Priced At-The-Market Under Nasdaq Rules

    globenewswire.com

    2024-05-15 07:00:00

    LEXINGTON, Mass., May 15, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced that it has entered into definitive agreements for the purchase and sale of an aggregate of 2,025,317 shares of common stock (or pre-funded warrant in lieu thereof), series A warrants to purchase up to 2,025,317 shares of common stock and short-term series B warrants to purchase up to 2,025,317 shares of common stock at a purchase price of $3.95 per share of common stock (or per pre-funded warrant in lieu thereof) and accompanying warrants in a private placement priced at-the-market under Nasdaq rules. The series A warrants and short-term series B warrants will have an exercise price of $3.70 per share and will be exercisable immediately upon issuance. The series A warrants will expire five and one-half years from the date of issuance and the short-term series B warrants will expire eighteen months from the date of issuance. The private placement is expected to close on or about May 17, 2024, subject to the satisfaction of customary closing conditions.