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Last $32.88 USD
Change Today -1.00 / -2.95%
Volume 98.9K
FMI On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

foundation medicine inc (FMI) Snapshot

Open
$33.98
Previous Close
$33.88
Day High
$33.98
Day Low
$32.41
52 Week High
01/12/15 - $54.28
52 Week Low
10/1/14 - $18.25
Market Cap
1.1B
Average Volume 10 Days
268.1K
EPS TTM
$-2.01
Shares Outstanding
34.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FOUNDATION MEDICINE INC (FMI)

foundation medicine inc (FMI) Related Businessweek News

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foundation medicine inc (FMI) Details

Foundation Medicine, Inc. provides various molecular information products in the United States. Its molecular information platform includes proprietary methods and algorithms to analyze specimens across various types of cancer, as well as for incorporating that information into clinical care; and offers genomic information about each patient’s individual cancer, enabling physicians to optimize treatments in clinical practice and biopharmaceutical companies to develop targeted oncology therapies. The company provides clinical products, such as FoundationOne for solid tumors; and FoundationOne Heme for blood-based cancers, or hematologic malignancies, including leukemia, lymphoma, and myeloma, as well as sarcomas and pediatric cancers. It also offers FoundationCORE, a knowledgebase to publish scientific and medical advances, foster relationships throughout the oncology community, and develop new clinical and technology products. In addition, the company has a strategic collaboration agreement with WuXi PharmaTech Inc. to provide genomic profiles to biopharmaceutical companies conducting clinical trials; and F. Hoffmann-La Roche Ltd. to develop and commercialize molecular information and genomic analysis products for the treatment of cancer patients. The company was founded in 2009 and is headquartered in Cambridge, Massachusetts.

293 Employees
Last Reported Date: 03/13/15
Founded in 2009

foundation medicine inc (FMI) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $416.0K
President and Chief Operating Officer
Total Annual Compensation: $357.8K
Chief Medical Officer
Total Annual Compensation: $357.9K
Chief Commercial Officer
Total Annual Compensation: $50.6K
Compensation as of Fiscal Year 2014.

foundation medicine inc (FMI) Key Developments

IMS Health and Foundation Medicine Announce Collaboration to Optimize Targeting of Precision Therapies in Oncology

IMS Health and Foundation Medicine, Inc. announced a collaboration to advance the understanding and effectiveness of precision medicines for treating cancer. Commercial, medical and outcomes research teams in biopharma and life sciences companies will now be able to leverage an offering that combines IMS Health’s powerful Real-World Evidence platform providing clinical and cost-of-care insights with Foundation Medicine’s dynamic knowledgebase of comprehensive cancer genomic profiles, all at the patient-anonymous level. Through the collaboration, IMS Health’s clients will gain unprecedented insights to rapidly assess health outcomes and effectiveness, and to improve cancer care by better connecting patients to the right targeted therapies at the right time. These enhanced oncologic insights will be powered by Evidence 360 and FoundationCORE. Evidence 360 is IMS Health’s scalable and secure RWE platform that helps clients extract, analyze and visualize real-world data to better understand and measure healthcare outcomes. It brings together IMS Health’s vast library of patient-anonymous data with other patient-anonymous sources of health information to help life sciences companies interpret real-world outcomes and better target their commercial efforts. FoundationCORE is a molecular information knowledgebase containing comprehensive cancer genomic information and insights from more than 43,000 clinical cases profiled by Foundation Medicine. FoundationCORE evolves in real-time, informed by every new cancer patient tested with the company’s commercial assays, FoundationOne and FoundationOne Heme.

Foundation Medicine, Inc. Presents at BIO International Convention 2015, Jun-17-2015 02:00 PM

Foundation Medicine, Inc. Presents at BIO International Convention 2015, Jun-17-2015 02:00 PM. Venue: Pennsylvania Convention Center, Philadelphia, Pennsylvania, United States. Speakers: Michael J. Pellini, Chief Executive Officer and Director.

Foundation Medicine, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-11-2015 08:40 AM

Foundation Medicine, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-11-2015 08:40 AM. Venue: Four Seasons Hotel, Chicago, Illinois, United States.

 

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FMI Competitors

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NanoString Technologies Inc $15.06 USD -0.21
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Industry Analysis

FMI

Industry Average

Valuation FMI Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 13.6x
Price/Book 12.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 15.5x
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