Lucira Health, Inc.
General Information | |
Business: | We are a medical technology company focused on the development and commercialization of transformative and innovative infectious disease test kits. We 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 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. 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. Our initial focus is within respiratory diseases, starting with COVID-19 and influenza A and B virus indications. On Nov. 17, 2020, we received an Emergency Use Authorization from the FDA for (1) prescription at-home use with self-collected nasal swab specimens in individuals aged 14 and older who are suspected of COVID-19 by their healthcare provider and (2) use at the point-of-care with self-collected nasal swab specimens in individuals aged 14 and older, and in individuals aged 13 and under when the specimen is collected by a healthcare provider at the point of care. (Note: Lucira Health upsized its IPO at pricing on Feb. 4, 2021: 9 million shares at $17 – up from 7.81 million shares at $15 to $17 in the prospectus – to raise $153 million; this IPO was priced at the top of its range.) |
Industry: | In vitro & in vivo diagnostic substances |
Employees: | 57 |
Founded: | 2013 |
Contact Information | |
Address | 1412 62nd Street Emeryville, California 94608 |
Phone Number | (510) 350-8071 |
Web Address | http://www.lucirahealth.com/ |
View Prospectus: | Lucira Health, Inc. |
Financial Information | |
Market Cap | $573.92mil |
Revenues | $0.27 mil (last 12 months) |
Net Income | $-22.3 mil (last 12 months) |
IPO Profile | |
Symbol | LHDX |
Exchange | NASDAQ |
Shares (millions): | 9.0 |
Price range | $17.00 - $17.00 |
Est. $ Volume | $153.0 mil |
Manager / Joint Managers | BofA Securities/ William Blair/ LifeSci Capital |
CO-Managers | |
Expected To Trade: | 2/5/2021 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |