• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishGo to App
    Quantisnow Logo

    © 2026 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    T2 Biosystems Highlights New Article Published in The Lancet: Changing the Culture of Blood Culture

    9/23/24 9:00:00 AM ET
    $TTOO
    Medical/Dental Instruments
    Health Care
    Get the next $TTOO alert in real time by email

    LEXINGTON, Mass., Sept. 23, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO) (the "Company"), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today highlighted a recently published article in The Lancet, a world-leading medical journal. The article titled "Changing the Culture of Blood Culture" was authored by Sally Davies, Richard A Marfuggi, Rick A Bright, Steve Brozak, and Michael Osterholm on September 20, 2024.

    "The T2 Biosystems team is commercializing the only FDA-cleared direct-from-blood diagnostics able to rapidly detect bacterial and fungal pathogens, and we applaud the authors for raising awareness of the limitations of blood culture," stated John Sperzel, Chairman and CEO of T2 Biosystems. "As noted by the authors, rapid culture-independent diagnostics have the potential to improve health outcomes and strengthen the global response to infectious diseases, and T2 Biosystems is working to leverage our technology to further advance the field."

    The authors highlighted certain weaknesses of blood culture, the ideal characteristics of culture-independent diagnostics, how to move beyond the culture of blood culture, and how to implement rapid culture-independent diagnostics:

    • Weaknesses of blood culture: blood culture has poor sensitivity, especially with low blood volumes; it is time-consuming, typically taking 24-72 hours for initial results; it is vulnerable to contamination; it has reduced effectiveness in people who have received antibiotics; and is a labor-intensive process requiring skilled technicians.
    • Ideal characteristics of culture-independent diagnostics: culture-independent diagnostic tests need to display proven accuracy (i.e., sensitivity and specificity); they need to be accurate despite previous antimicrobial therapy; they need to provide results in 3-5 hours; they need to detect a range of bacterial, fungal, and antimicrobial resistance pathogens; they need to be low-cost, easy to use, and accessible; and they should have a low cross-contamination risk and low sample volume requirements.
    • How to move beyond the culture of blood culture: the ongoing crisis in blood-culture availability should encourage the development and implementation of more efficient and resilient diagnostic methods. Moving beyond the culture of blood culture will require changes to reimbursement codes and practices for new diagnostic technologies. Governments, health-care systems, and private-sector entities should designate funding for new diagnostic technologies. Frugal innovation will be important in these efforts, combining state-of-the-art technologies with cost-effective solutions to make advancements accessible, even in resource-limited settings.
    • Implementation of rapid, culture-independent diagnostics: rapid, accurate diagnostics should be integrated into antimicrobial-stewardship programs to enable targeted therapy. Once implemented, global collaboration is needed to share best practices, coordinate research efforts, and ensure equitable access to new diagnostics. Culture-independent diagnostics have the potential to improve health outcomes and strengthen the global response to infectious diseases.

    About the T2Bacterial Panel

    The T2Bacteria® Panel is the only FDA-cleared diagnostic test able to detect sepsis-causing bacterial species directly-from-blood, in just 3-5 hours, without the need to wait days for a positive blood culture. The T2Bacteria Panel runs on the FDA-cleared T2Dx® Instrument and simultaneously detects six bacterial species with 90% sensitivity and 98% specificity, including, Enterococcus faecium, Staphylococcus aureus, Klebsiella pneumoniae, Acinetobacter baumannii, Pseudomonas aeruginosa, and Escherichia coli. The six species detected by the T2Bacteria Panel account for nearly 75% of all bacterial bloodstream infections in the U.S.

    About the T2Candida Panel

    The T2Candida® Panel is the only FDA-cleared diagnostic test able to detect sepsis-causing Candida species directly-from-blood, in just 3-5 hours, without the need to wait days for a positive blood culture. The T2Candida Panel runs on the FDA-cleared T2Dx Instrument and simultaneously detects five Candida species with 91% sensitivity and 99% specificity, including, Candida albicans, Candida tropicalis, Candida parapsilosis, Candida krusei, and Candida glabrata. According to the U.S. Centers for Disease Control and Prevention (CDC), the five species detected by the T2Candida Panel account for up to 95% of all Candida bloodstream infections in the U.S.

    About the T2Resistance Panel

    The T2Resistance® Panel is a CE-marked diagnostic test able to detect antibiotic resistance genes directly-from-blood, in just 3-5 hours, without the need to wait days for a positive blood culture. The T2Resistance Panel runs on the FDA-cleared T2Dx Instrument and simultaneously detects thirteen antibiotic resistance genes from both Gram-positive and Gram-negative bacterial pathogens, including KPC, OXA-48, CTX-M-14/15, AmpC (CMY/DHA), NDM/IMP/VIM, mecA/C, and vanA/B. The T2Resistance Panel is marketed and sold in Europe under a CE-mark and was granted Breakthrough Device designation from the FDA, which will provide for a prioritized FDA review process.

    About T2 Biosystems

    T2 Biosystems, a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, is dedicated to improving patient care and reducing the cost of care by helping clinicians effectively treat patients faster than ever before. T2 Biosystems' products are powered by the proprietary T2 Magnetic Resonance (T2MR®) technology and include the T2Dx® Instrument, the T2Bacteria® Panel, the T2Candida® Panel, the T2Resistance® Panel, and the T2Biothreat™ Panel. T2 Biosystems has an active pipeline of future products, including the U.S. T2Resistance Panel, the T2Lyme™ Panel, and the expended T2Candida Panel to add the detection of Candida auris. For more information, please visit www.t2biosystems.com.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the ability of T2 Biosystems' products to rapidly detect bacterial and fungal pathogens and the potential of rapid culture-independent diagnostic tests to improve health outcomes and strengthen the global response to infectious diseases; and the likelihood that the expansion of the T2Candida pediatric testing claim will allow clinicians to improve outcomes and reduce cost by achieving faster targeted antifungal treatment for their pediatric patients, as well as statements that include the words "expect," "may," "should," "anticipate," and similar statements of a future or forward-looking nature. These forward-looking statements are based on management's current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, (i) any inability to (a) realize anticipated benefits from commitments, contracts or products; (b) successfully execute strategic priorities; (c) bring products to market; (d) expand product usage or adoption; (e) obtain customer testimonials; (f) accurately predict growth assumptions; (g) realize anticipated revenues; (h) incur expected levels of operating expenses; or (i) increase the number of high-risk patients at customer facilities; (ii) failure of early data to predict eventual outcomes; (iii) failure to make or obtain anticipated FDA filings or clearances within expected time frames or at all; or (iv) the factors discussed under Item 1A. "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission, or SEC, on April 1, 2024, and other filings the Company makes with the SEC from time to time, including our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While the Company may elect to update such forward-looking statements at some point in the future, unless required by law, it disclaims any obligation to do so, even if subsequent events cause its views to change. Thus, no one should assume that the Company's silence over time means that actual events are bearing out as expressed or implied in such forward-looking statements. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this press release.

    Investor Contact:

    Philip Trip Taylor, Gilmartin Group

    [email protected]

    415-937-5406



    Primary Logo

    Get the next $TTOO alert in real time by email

    Crush Q1 2026 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $TTOO

    DatePrice TargetRatingAnalyst
    2/18/2022$0.70Neutral → Buy
    Alliance Global Partners
    More analyst ratings

    $TTOO
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    T2 Biosystems Announces Preliminary Fourth Quarter and Full Year 2024 Financial Results

    LEXINGTON, Mass., Jan. 07, 2025 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO) (the "Company"), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced preliminary unaudited financial and operational results for the fourth quarter and full year ended December 31, 2024. Full Year 2024 and Recent Commercial Highlights (unaudited) Achieved record product revenues of $2.3 million for the fourth quarter of 2024 and $8.3 million for the full-year 2024, representing increases of 37% and 23% respectively, compared to the prior year period, driven by record sepsis test sales.Executed contracts for 27 T2Dx® Instruments in 2024, including

    1/7/25 9:00:00 AM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    T2 Biosystems Announces Sale of Four T2Dx Instruments to Existing European Distributor

    LEXINGTON, Mass., Dec. 18, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced the sale of four T2Dx® Instruments to its European (EU) distributor that represents multiple EU counties, demonstrating commercial expansion and increased international market penetration. The multiple instrument sale demonstrates commercial expansion to enable increased utilization of the T2Bacteria® Panel, the T2Candida® Panel, and the T2Resistance® Panel. The target hospitals for the new instruments include: Selling a second T2Dx Instrument to a major reference hospital to expand "same st

    12/18/24 9:00:00 AM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    T2 Biosystems Achieves Key Milestone with 250,000th Novel Sepsis Test Shipped Globally

    LEXINGTON, Mass., Dec. 17, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced that it has surpassed the shipment of 250,000 sepsis tests, marking a significant milestone that underscores the growing customer adoption of the Company's direct-from-whole-blood technology. A meta-analysis of 14 controlled studies, published in a peer-reviewed medical journal, compared T2 Biosystems' sepsis tests to blood culture-based diagnostics, and showed that T2 Biosystems' products provided: faster time to detection (e.g., species identification 77 hours faster), faster targeted therapy (

    12/17/24 9:00:00 AM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    $TTOO
    SEC Filings

    View All

    Amendment: SEC Form 25-NSE/A filed by T2 Biosystems Inc.

    25-NSE/A - T2 Biosystems, Inc. (0001492674) (Subject)

    7/10/25 4:51:22 PM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    SEC Form 25-NSE filed by T2 Biosystems Inc.

    25-NSE - T2 Biosystems, Inc. (0001492674) (Subject)

    7/10/25 4:07:38 PM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    SEC Form 8-K filed by T2 Biosystems Inc.

    8-K - T2 Biosystems, Inc. (0001492674) (Filer)

    4/4/25 5:47:15 PM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    $TTOO
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    SEC Form 4 filed by Director Liebman Seymour

    4 - T2 Biosystems, Inc. (0001492674) (Issuer)

    1/2/25 6:58:44 PM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    SEC Form 4 filed by Chief Commercial Officer Giffin Brett A.

    4 - T2 Biosystems, Inc. (0001492674) (Issuer)

    1/2/25 6:55:13 PM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    SEC Form 4 filed by Director Adams Laura Lee

    4 - T2 Biosystems, Inc. (0001492674) (Issuer)

    1/2/25 6:46:12 PM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    $TTOO
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    T2 Biosystems upgraded by Alliance Global Partners with a new price target

    Alliance Global Partners upgraded T2 Biosystems from Neutral to Buy and set a new price target of $0.70

    2/18/22 10:16:52 AM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    Alliance Global Partners resumed coverage on T2 Biosystems with a new price target

    Alliance Global Partners resumed coverage of T2 Biosystems with a rating of Neutral and set a new price target of $1.65 from $2.40 previously

    3/5/21 7:31:44 AM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    T2 Biosystems downgraded by Alliance Global Partners with a new price target

    Alliance Global Partners downgraded T2 Biosystems from Buy to Neutral and set a new price target of $2.40 from $2.60 previously

    1/27/21 8:12:03 AM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    $TTOO
    Financials

    Live finance-specific insights

    View All

    T2 Biosystems Announces Third Quarter 2024 Financial Results

    LEXINGTON, Mass., Nov. 14, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO) (the "Company"), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced financial and operational results for the third quarter ended September 30, 2024. Recent Financial and Commercial Highlights Achieved third quarter total revenue of $2.0 million, representing an increase of 34% compared to the prior year period.Achieved sepsis test panel revenue of $1.4 million, representing an increase of 34% compared to the prior year period, driven by increased U.S. T2Bacteria® Panel revenue.Executed contracts for 11 T2Dx® Instruments during the third quar

    11/14/24 4:05:00 PM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    T2 Biosystems to Report Third Quarter 2024 Financial Results and Business Updates on November 14, 2024

    LEXINGTON, Mass., Nov. 05, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, announced today that it will report financial results for the third quarter 2024 and business updates after market close on Thursday, November 14, 2024. Company management will host a corresponding conference call beginning at 4:30 p.m. Eastern Time. Investors interested in listening to the conference call may do so by accessing a live and archived webcast of the event at www.t2biosystems.com, on the Investors page in the Events & Presentations section. To listen to the conference call, please dial 877-545-0320

    11/5/24 8:00:00 AM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    T2 Biosystems to Host Business Update Call on October 10, 2024

    LEXINGTON, Mass., Oct. 08, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, announced today that it will host a business update call to provide additional details on recent developments after market close at 4:30pm ET on Thursday October 10, 2024. On the call management also plans to address select questions from shareholders that can be submitted in advance to the investor relations team at [email protected]. Investors interested in listening to the conference call may do so by accessing a live and archived webcast of the event at www.t2biosystems.com, on the Investors page in the

    10/8/24 4:05:00 PM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    $TTOO
    Leadership Updates

    Live Leadership Updates

    View All

    Avacta Announces the Appointment of Darlene Deptula-Hicks as Non-Executive Director of the Board of Directors

    Avacta Group plc Avacta Announces the Appointment of Darlene Deptula-Hicks as Non-Executive Director of the Board of Directors London, England; July 8, 2024; Avacta Group plc (AIM: AVCT), a life sciences company developing innovative, targeted cancer treatments and powerful diagnostics, today announced the appointment of Darlene Deptula-Hicks, MBA as a Non-Executive Director of the Company's Board of Directors, effective 26 June 2024. Ms. Deptula-Hicks is a highly accomplished financial executive with decades of experience working with and advising private and public life sciences companies. Shaun Chilton, Chairman of the Board of Avacta, commented: "Avacta is at a pivotal time in its e

    7/8/24 8:15:00 AM ET
    $PIRS
    $TTOO
    $FSTX
    Biotechnology: Pharmaceutical Preparations
    Health Care
    Medical/Dental Instruments

    T2 Biosystems Hires Industry Veteran Brett Giffin as Chief Commercial Officer

    LEXINGTON, Mass., Nov. 04, 2021 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens, today announced the appointment of Brett Giffin as its Chief Commercial Officer, effective November 8, 2021. As Chief Commercial Officer, Mr. Giffin will join the Company's executive leadership team and lead our commercial growth initiatives with direct responsibility for global sales, marketing, service, and customer support functions. Mr. Giffin replaces Anthony Pare, who recently accepted a role as CEO at BioPorto A/S. "We are thrilled to have Brett join T2 Biosystems as Chief Commercial Officer," said John Sperzel, Chairman and CEO at T2

    11/4/21 4:04:00 PM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    T2 Biosystems Appoints Laura Adams to Its Board of Directors

    LEXINGTON, Mass., Oct. 19, 2021 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens, today announced the appointment of Laura Adams to its Board of Directors, effective immediately. "We are excited to have Laura join the T2 Biosystems Board of Directors," said John Sperzel, Chairman and CEO at T2 Biosystems. "Her success as a healthcare delivery innovator has deep roots in understanding the critical threats posed by infections and sepsis. She will be a crucial asset to T2 Biosystems as we continue on our growth trajectory." Ms. Adams currently serves as Special Advisor at the National Academy of Medicine (NAM), providing lead

    10/19/21 4:05:00 PM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    $TTOO
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G filed by T2 Biosystems Inc.

    SC 13G - T2 Biosystems, Inc. (0001492674) (Subject)

    11/14/24 3:38:45 PM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    SEC Form SC 13G filed by T2 Biosystems Inc.

    SC 13G - T2 Biosystems, Inc. (0001492674) (Subject)

    11/6/24 9:02:19 PM ET
    $TTOO
    Medical/Dental Instruments
    Health Care

    SEC Form SC 13G filed by T2 Biosystems Inc.

    SC 13G - T2 Biosystems, Inc. (0001492674) (Subject)

    11/6/24 9:01:48 PM ET
    $TTOO
    Medical/Dental Instruments
    Health Care