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Bluejay Diagnostics Priced, Nasdaq: BJDX

Developing rapid diagnostic systems to monitor sepsis and other diseases in ERs and ICUs.

Industry: Health Care

Latest Trade: $0.64 0.00 (0.0%)

First Day Return: -46.8%

Return from IPO: -93.6%

Industry: Health Care

We are a late-stage pre-revenue company focused on improving patient outcomes through a more cost efficient, rapid, near patient product for triage, diagnosis and monitoring of disease progression. We believe there is a market need for an on-site and rapid diagnostic system that can be employed for testing and monitoring. Our diagnostic system, which we refer to as "Symphony," is an exclusively licensed, patented, low-cost, system that consists of a small footprint instrument and single-use indication specific test cartridges, that we believe, if cleared, authorized, or approved by the U.S. FDA, can provide a solution to this market need rapidly and with laboratory quality results in approximately 24 minutes, in the clinic, Intensive Care Unit (ICU), Emergency Room (ER) and in other hospital and clinical setting settings where a rapid and reliable results are required. Currently, testing is generally performed in a laboratory, and the transportation and logistics of transporting the samples to the lab and obtaining the result takes between 8-48 hours. Our platform is a sample-to-result system that has been shown in a clinical study to provide results in approximately 24 minutes. Our business model is to generate revenue from the sale of the table-top Symphony instrument, and from the sale of single-use indication specific cartridges that are used by the Symphony instrument for the diagnostic test.
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IPO Data
IPO File Date 10/14/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 1.8
Deal Size ($mm) $18
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/09/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 1.8
Deal Size ($mm) $18
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Dawson James
I-Bankers Securities
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Company Data
Headquarters Acton, MA, United States
Founded 2015
Employees n/a
Website bluejaydx.com

Bluejay Diagnostics (BJDX) Performance