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MDxHealth (MDXH) investor relations material
MDxHealth Registration Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Company overview and business model
Commercial-stage precision diagnostics company focused on non-invasive, cost-effective urologic solutions, primarily for prostate cancer diagnosis and management.
Core testing solutions include ExoDx, Confirm mdx, and Genomic Prostate Score (GPS), with additional tests for related urologic conditions.
Over 7,000 physicians have ordered more than 500,000 tests; products are included in major U.S. clinical guidelines and have Medicare reimbursement.
Recent acquisition of Exosome Diagnostics, Inc. (ExoDx test) for up to $15 million, with a mix of stock and deferred payments.
Solely listed on Nasdaq since December 2023 after delisting from Euronext Brussels.
Financial performance and metrics
As of December 31, 2024, accumulated deficit was $369.5 million; net loss for 2024 was $38.1 million; net cash outflows from operations were $18.5 million.
Confirm mdx and GPS tests accounted for 80% of 2024 revenue; Medicare represented 41% of 2024 revenues.
Outstanding deferred acquisition payments: up to $10 million for Exosome Diagnostics and up to $54.5 million for GPS business.
$100 million senior secured credit facility with OrbiMed, with $80 million drawn as of March 2025 and $20 million available subject to conditions.
Use of proceeds and capital allocation
Net proceeds from securities sales intended for general corporate and working capital purposes, including product development and commercialization expansion.
Management retains broad discretion over allocation of proceeds; plans may be updated in future prospectus supplements.
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