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May 22, 2015 9:39 PM ET

Healthcare Equipment and Supplies

Company Overview of Tethys Bioscience, Inc.

Company Overview

As of 2013, Tethys Bioscience, Inc. went out of business. Tethys Bioscience, Inc., a cardiometabolic diagnostics company, develops and commercializes biomarker-based blood tests that predict imminent disease risk and enable targeted intervention to preempt the onset of chronic conditions. Its portfolio includes PreDx Diabetes Risk Score, a blood test that combines multiple blood-borne markers and an algorithm to deliver the risk stratification for patients at risk for type 2 diabetes; Reduce My Risk Diabetes Prevention Initiative, an educational program targeted to individuals who are at high risk for type 2 diabetes but have not yet developed the disease; and PreDx test, a multi-biomarker b...

5858 Horton Street

Suite 280

Emeryville, CA 94608

United States

Founded in 2005





Key Executives for Tethys Bioscience, Inc.

Tethys Bioscience, Inc. does not have any Key Executives recorded.

Tethys Bioscience, Inc. Key Developments

Tethys Bioscience Is Reportedly Up For Sale

Tethys Bioscience, Inc. is up for sale. Tethys BioScience is shutting down after failing to win approval for Medicaid reimbursements for its diabetes tests, Fortune's Dan Primack reported. He added that company investors are now looking for buyers for the company's assets.

Tethys Bioscience, Inc. Announces PreDx Test Now Available With Finger Stick Collection Method

Tethys Bioscience has announced that the PreDx test, a multi-biomarker blood test used for the stratification and monitoring of prediabetes patients, can now be performed using capillary blood collected via a simple finger stick procedure. The PreDx test measures seven biomarkers implicated in the development of type 2 diabetes, and utilizes a proprietary algorithm to generate a 'personalized' numerical score that ranks a prediabetic's 5-year risk of progression to diabetes on a scale of 1 to 10, with a higher score indicating a higher 5-year risk of progression. Baseline scores are used to stratify prediabetes patients into low, moderate or high- risk categories for disease progression, then retesting is used to monitor changes in the patient's score, which reflect the efficacy of preventive interventions in reducing the patient's level of risk.

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