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Biodesix

Biodesix is a commercial-stage diagnostics company running blood-based lung disease tests from laboratories in Colorado and Kansas.

Biodesix

Biodesix runs corporate and laboratory facilities in Louisville, Colorado, with an additional lab in De Soto, Kansas. The company commercializes blood-based diagnostic tests that address immediate clinical questions in lung disease, including risk stratification for pulmonary nodules and treatment guidance for non-small cell lung cancer. Its reference laboratory performs proteomic analysis through MALDI-ToF mass spectrometry and genomic testing via next-generation sequencing, generating reports that physicians use to rule out malignancy or select therapies. The company generates revenue across two integrated lines: clinical diagnostic testing services, where it sells directly to ordering physicians and hospital systems, and biopharmaceutical development services, where it provides companion diagnostic development and testing for pharmaceutical partners running clinical trials. The test menu includes Nodify XL2 and Nodify CDT for lung nodule evaluation, and VeriStrat and GeneStrat for treatment selection in advanced lung cancer. Biodesix participates across the continuum from early diagnosis through late-stage therapy guidance. Biodesix is a publicly listed company on the Nasdaq under ticker BDSX, following its merger with a special purpose acquisition company in 2021. The firm maintains its primary CLIA-certified, CAP-accredited laboratory at its Colorado headquarters, with a secondary facility in Kansas supporting testing operations. Its laboratory infrastructure positions it as a central lab for biopharma clinical trials requiring molecular and proteomic biomarker testing. Biodesix differs structurally from a clinical lab aggregator or a pure-play diagnostics manufacturer. Its dual commercial model — pairing a physician-facing test menu with a biopharma services engine that develops and validates companion diagnostics — creates a feedback loop between clinical utility data and drug-development partnerships that most independent labs cannot replicate.

General information

Firm type

other

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Louisville

Corporate office

Louisville, CO, United States

Additional offices

De Soto, KS, United States

Sector focus

Digital HealthHealthcare Services

Frequently asked questions

What tests does Biodesix offer for lung nodule evaluation?

Biodesix offers Nodify XL2 and Nodify CDT for lung nodule risk assessment. Nodify XL2 integrates clinical factors with two plasma proteins to rule out malignancy with high negative predictive value, while Nodify CDT evaluates a broader panel of circulating protein markers to assess risk. Both are performed in the company's own CLIA-certified laboratory in Louisville, Colorado.

How does Biodesix make money?

Revenue splits across two segments: clinical diagnostic services sold to physicians and hospitals, and biopharmaceutical development services where Biodesix runs companion diagnostic testing and validation for drug developers. The clinical business bills payers and institutions for each test performed; the biopharma business generates service fees and milestone-based payments tied to clinical trials.

Is Biodesix a public company?

Yes. Biodesix completed a business combination with a special purpose acquisition company in 2021 and now trades on the Nasdaq under the ticker BDSX. This provides public financial disclosures and SEC filings that investors can review for commercial performance.

What laboratory infrastructure does Biodesix operate?

Biodesix runs a CLIA-certified, CAP-accredited central laboratory at its Louisville, Colorado headquarters, plus an additional laboratory site in De Soto, Kansas. The labs perform proteomic testing via MALDI-ToF mass spectrometry and genomic analysis via next-generation sequencing, processing physician-ordered and clinical-trial samples in house.

What cancers does Biodesix's testing address?

The company's menu focuses specifically on lung disease — including pulmonary nodule evaluation and treatment selection for non-small cell lung cancer. Tests like VeriStrat provide proteomic profiling to guide therapy choices, while GeneStrat offers genomic tumor profiling from a blood draw. The platform does not currently extend to other solid-tumor or hematologic cancers.

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