October 23, 2016 11:38 AM ET

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Company Overview of X2 Biosystems, Inc.

Company Overview

X2 Biosystems, Inc. develops systems for the management of sport brain injury. It offers head impact monitoring systems for helmeted and non-helmeted sports. The company provides custom fitted or boil-and-bite protective mouth-guards for helmeted sports; and low profile adhesive patches for non-helmeted sports that hold sensor pods behind athlete’s ear. Its products are used in men’s and women’s contact, gravity, and motor sports; by football, soccer, hockey, and lacrosse athletes; and in more sports and military uses. The company was founded in 2010 and is based in Seattle, Washington.

1927 Post Alley

Suite 200

Seattle, WA 98101

United States

Founded in 2010

Key Executives for X2 Biosystems, Inc.

Chief Executive Officer
Founder and Chief Marketing Officer
Vice President of Finance and Operations
President of Government & Industrial Division and Chairman of Military Advisory Board
Chief of Clinical Affairs
Compensation as of Fiscal Year 2016.

X2 Biosystems, Inc. Key Developments

X2 Biosystems Introduces Comprehensive Head Impact Management System

X2 Biosystems, Inc. announced the introduction of its new, comprehensive X2 Head Impact Management System. The X2 System includes the X-Patch Pro next-generation wearable impact sensor, X2 Impact Data Management (IDM) app, and Integrated Concussion Evaluation (ICE) app. ICE is already used for baseline testing, post-impact sideline assessments, and return-to-play monitoring by the NFL, NHL and Major League Soccer, and is the tablet computer implementation of the internationally standardized SCAT test for athlete concussion evaluations. The new X-Patch Pro impact sensors -- significantly smaller, lighter and more accurate than any previous sensors on the market -- are worn behind the user's ear, using a small adhesive strip. The sensor records head impacts and sends the data via Bluetooth to the IDM app on a tablet, for instant viewing and immediate action. The X2 IDM app makes it simple to set up and manage team rosters, assign sensors, view and analyze data, and receive alerts. Safer training and playing techniques that incorporate the X-Patch in a wide range of youth, high school, college and professional sports, as well as U.S. Army training activities, have demonstrated a 30% to 70% reduction in the incidence of head impacts that can lead to concussion injuries. The X2 ICE app is used for baseline testing and post-impact assessments of the user's neurocognitive performance, along with documentation of remove-from-activity decisions, recovery, and return-to-activity readiness. All X2 ICE and X2 IDM data is saved to the X2 Cloud Platform, providing analytics, automated reporting, and a detailed historical record of impacts, neurocognitive performance and actions over time. The X-Patch is currently being used to help study cumulative brain damage due to repetitive sub-concussive head impacts, and to develop more comprehensive and personalized remove-from-play thresholds in a wide range of athletic and military training environments around the world.

The National Hockey League Adopts X2 Biosystems' Concussion Evaluation and Management Software

X2 Biosystems entered into an agreement with the National Hockey League to supply its Integrated Concussion Evaluation software application for use by all 30 NHL teams during the 2014-15 season. The X2 Biosystems ICE is a cloud-based concussion examination and data management system that integrates both baseline and post-injury player assessments, and includes iOS and Windows tablet applications for touch screen data input and retrieval. Equally suitable for evaluation of the player at the rink or in clinical office settings, ICE provides authorized team health care providers with secure access to and analysis of their players' historical and current examination information. The X2 Biosystems ICE enables practitioners to document early warning signs of concussions and traumatic brain injury, making it an important contribution to enhancing player safety.

U.S. Army Medical Research and Materiel Command Awards Contract to X2 Biosystems and Trifecta Solutions LLC

X2 Biosystems and Trifecta Solutions LLC have been awarded a contract from the U.S. Army Medical Research and Materiel Command facilitating the Army's evaluation of X2 Biosystems' world leading, comprehensive software and sensor suite for the detection and management of concussive and other traumatic brain injuries. The contract was awarded through the Rapid Innovation Fund (RIF) Program, which allows the Department of Defense (DoD) to fund programs that facilitate rapid adoption of innovative technologies into military systems and programs that meet critical national security needs and have a demonstration path into a defense acquisition program. The award underscores the Army's focus on addressing traumatic brain injury (TBI) because it continues to be a significant issue for service men and women due to injuries that occur during training and military operations. The Army has noted that combat medics need to be able to accurately and objectively assess soldiers with mild to moderate TBI up to 24 hours post injury, improving diagnosis, treatment, rehabilitation, and return to duty. Ultimately, the Army's goal is to ensure more rapid and appropriate treatment of service people to improve short and long term outcomes of mild and moderate TBI.

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