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Lucira Health Priced, Nasdaq: LHDX

Developing single-use test kits for COVID-19 and other infectious diseases.

Industry: Health Care

Latest Trade: $8.28 0.00 (0.0%)

First Day Return: +46.9%

Return from IPO: -51.3%

Industry: Health Care

We are a medical technology company focused on the development and commercialization of transformative and innovative infectious disease test kits. We have developed a testing platform that produces centralized-laboratory-accurate molecular testing in a single-use and consumer-friendly test kit that is powered by two AA batteries and fits in the palm of a hand. We designed our test kits to provide accurate, reliable and on-the-spot molecular test results anywhere and at any time. We believe the novel coronavirus, or COVID-19, pandemic has shown the infectious disease testing infrastructure in the United States was not designed to accommodate the immediate demands of infectious disease control on a mass-population scale. The testing options today are too expensive, inaccurate, or are inaccessible due to slow time to results or complexity. Mass-population infectious disease testing requires a testing platform that can provide accurate and clinically relevant results on-the-spot, be affordably mass produced, portable and easy-to-use anywhere. Our LUCIRA COVID-19 All-In-One Test Kit, or our COVID-19 test kit, is designed to provide a clinically relevant COVID-19 result within 30 minutes from sample collection. We believe, at scale, it will be an affordable, mass-population testing solution. Our initial focus is within respiratory diseases, starting with COVID-19 and influenza A and B virus indications.
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IPO News for Lucira Health
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IPO Data
IPO File Date 01/15/2021
Offer Price $17.00
Price Range $15.00 - $17.00
Offer Shares (mm) 9.0
Deal Size ($mm) $153
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/04/2021
Offer Price $17.00
Price Range $15.00 - $17.00
Offer Shares (mm) 9.0
Deal Size ($mm) $153
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Emeryville, CA
Founded 2013
Employees 89
Website www.lucirahealth.com