Nov 16, 2021

Tesis Labs Announces Name Change to Tesis Biosciences

PHOENIX, Nov. 16, 2021 /PRNewswire/ — Tesis Biosciences, a leader in targeted genetic sequencing, announced its new company name – Tesis Biosciences, to reflect the organization’s increasing focus on advancing clinical research and diagnostic initiatives through collaborative relationships with important healthcare stakeholders.

Tesis Biosciences uses a genetically integrated medical platform for targeted genetic sequencing and comprehensive genetic data collection to support multiple medical specialties. The company partners with medical device and drug manufacturers to help them improve the likelihood of success for their clinical trials and provide them with better diagnostic outcomes. Tesis also works with hospitals, health systems, value-based care organizations, research organizations and others to offer next-generation genetic sequencing to improve patient care and quality outcomes.

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Source: https://www.prnewswire.com/news-releases/tesis-labs-announces-name-change-to-tesis-biosciences-301425364.html

Oct 13, 2021

John Shufeldt, M.D., Joins Tesis Labs Board of Directors

PHOENIX, Oct. 13, 2021 /PRNewswire/ — Tesis Labs, a leader in targeted genetic sequencing, announced today the addition of John Shufeldt, M.D., to its company board of directors.

He currently leads Tribal EM a large medical staffing and management company devoted to caring for Indigenous People and continues to practice emergency medicine and health law. Working as a business leader and consultant, Dr. Shufeldt helps clients like hospital groups and healthcare companies with leadership coaching and business strategy. As an experienced and published author, he has written 10 books and 2 textbooks covering a variety of topics, including personal growth, entrepreneurism, stoicism, urgent care medicine and management, and leadership.

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Source: https://www.prnewswire.com/news-releases/john-shufeldt-md-joins-tesis-labs-board-of-directors-301398790.html

Oct 05, 2021

Tesis Labs Raises $20 Million in Growth Equity Capital to Expand Clinical Capacity

PHOENIX, Oct. 5, 2021 /PRNewswire/ — Tesis Labs, a leader in targeted genetic sequencing, announced $20 million of growth equity financing at a post-money valuation of $520 million. The round was led by Xcellerant 1 TLC, LLC, an investment group headed by John Shufeldt, M.D.,

This is the first external financing for Tesis Labs since it initiated operations in early 2020. Prior to this funding, the Company raised approximately $15 million.

Tesis Labs offers healthcare providers and physicians access to unique genetic testing and precision medicine, enabling them to create personalized care plans for treating chronic diseases – individually and across generations. The Tesis mission is to change medicine by providing physicians, hospitals, and researchers with treatment tools to help patients overcome major chronic conditions such as heart disease, lung disease, and cancer through advanced genetic testing.

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Source: https://www.prnewswire.com/news-releases/tesis-labs-raises-20-million-in-growth-equity-capital-to-expand-clinical-capacity-301392610.html

September 16, 2021

Tesis Labs partners with Georgia’s Premier Health to offer preventive testing

Phoenix-based genetic sequencing company Tesis Labs is partnering with Atlanta-based Premier Health to offer genetic testing to patients in the state, Tesis said Sept. 15.

The testing is intended to provide an early warning for chronic or hereditary conditions. Tesis will initially perform testing for Premier Health out of its Lafayette, Colo., facility, eventually moving the testing services to Premier’s Georgia sites.

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Source: https://www.beckershospitalreview.com/lab/tesis-labs-partners-with-georgia-s-premier-health-to-offer-preventive-testing.html

September 15, 2021

Tesis Labs to Provide Genetic Testing Services for Premier Health ACO with operations throughout Georgia

PHOENIX, Sept. 15, 2021 /PRNewswire/ — Tesis Labs, the leader in targeted genetic sequencing, announced it has been selected by Premier Health, an accountable care organization (ACO) serving communities in Georgia to provide clinicians and practices in the ACO with high-complexity molecular and next-generation sequencing (NGS) testing services for detecting chronic and hereditary conditions in patients.

With approximately 200 member providers practicing primary care, internal medicine and other specialties, Premier Health collectively treats tens of thousands of patients each year in central and western Kentucky and Georgia. While initial testing for Premier Health will be performed at the Tesis Labs facility in Lafayette, Colo., the company plans to eventually locate lab services at Premier sites in Georgia as part of a joint venture.

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Source: https://www.prnewswire.com/news-releases/tesis-labs-to-provide-genetic-testing-services-for-premier-health-aco-with-operations-throughout-georgia-301377307.html

September 14, 2021

Jonathan Stein, Ph.D., HCLD(ABB), joins Tesis Labs as Chief Science Officer

PHOENIX, Sept. 14, 2021 /PRNewswire/ — Tesis Labs, a leader in targeted genetic sequencing, has named life sciences lab veteran Jonathan Stein, Ph.D., HCLD(ABB), as the company’s first chief science officer and medical director.

Tesis uses a genetically integrated medical platform for targeted genetic sequencing and comprehensive genetic data collection to support many medical specialties. The company collaborates with hospitals, health systems, value-based care organizations, medical device companies, research organizations and others to offer next-generation genetic sequencing designed to improve patient care and quality outcomes.

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Source: https://www.prnewswire.com/news-releases/jonathan-stein-phd-hcldabb-joins-tesis-labs-as-chief-science-officer-301376407.html?tc=eml_cleartime

August 11, 2021

TESIS LABS, PERSONAL GENOME DIAGNOSTICS INK MARKET ACCESS PARTNERSHIP

NEW YORK – Tesis Labs and Personal Genome Diagnostics said Tuesday that they are collaborating to develop new genomic tests for cancer patients that combine somatic and germline variant results, with the goal of advancing market access and accelerating adoption of their products.

In an email, PGDx said that the companies intend to combine Tesis’ genomic data and reporting capabilities with somatic variant outputs from certain tissue tests to create a “comprehensive platform that provides patients with a streamlined experience … [combining] germline and somatic variants into a single clinical report.”

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Source: https://www.genomeweb.com/business-news/tesis-labs-personal-genome-diagnostics-ink-market-access-partnership#.YRa-w9NKiu4

August 10, 2021

TESIS LABS AND PERSONAL GENOME DIAGNOSTICS ANNOUNCE COLLABORATION
TO ADVANCE CANCER PROFILING AND TREATMENT

BALTIMORE & HOUSTON, August 10, 2021–(BUSINESS WIRE)–Tesis Labs, a leader in targeted genetic sequencing, and Personal Genome Diagnostics Inc. (PGDx), a leader in cancer genomics, today announced a new collaboration to maximize the power of genetic sequencing and bioinformatics. Through this collaboration, the companies intend to combine resources and expertise to create new genomics solutions that could combat cancer and improve outcomes for patients, and advance market access initiatives to accelerate adoption in the market.

The National Institutes of Health estimates that by 2040, there will be 29.5 million new cancer cases and nearly 16.4 million deaths worldwide per year. This new strategic collaboration brings together highly specialized clinical laboratory and biotechnology teams, enabling their expertise, creativity, and passion for delivering the latest genetic and bioinformatic insights to advance cancer predisposition, profiling, and treatment.

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Source: https://finance.yahoo.com/news/tesis-labs-personal-genome-diagnostics-130000415.html?guccounter=1https://www.prnewswire.com/news-releases/tesis-labs-launching-new-arizona-genetic-testing-facility-301264415.html?tc=eml_cleartime

Apr 07, 2021

TESIS LABS LAUNCHING NEW ARIZONA GENETIC TESTING FACILITY – OPENING NOVEMBER 2021

Tesis Labs, the leader in targeted genetic sequencing, announced its plans to expand to the Phoenix/Scottsdale area, offering targeted genetic sequencing services to healthcare providers in the western U.S. The new lab will be located in Scottsdale.

The Scottsdale lab will provide the additional capacity to handle the growth of the Company’s collaborative initiatives with large medical companies and research organizations looking to develop pharmaceuticals that impact the human genome, medical devices and large medical organizations focused on an improvement in the quality of care. The primary focus of the facility will be on high-complexity molecular and next-generation sequencing (NGS) testing to detect chronic and hereditary conditions such as cancer, heart disease, lung disease, diabetes, and Alzheimer’s. Also, the lab will offer Infectious Disease testing, including COVID-19, respiratory pathology, wound, and other molecular testing.

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Source: https://www.prnewswire.com/news-releases/tesis-labs-launching-new-arizona-genetic-testing-facility-301264415.html?tc=eml_cleartime

March 31, 2021

NATERA AND TESIS LABS ANNOUNCE STRATEGIC COLLABORATION ON PRENATAL GENETIC TESTING

Natera, Inc. (NASDAQ: NTRA), a pioneer and global leader in non-invasive genetic testing and analysis of cfDNA, and Tesis Labs, a US multi-region lab services provider with labs in Colorado, Texas and Arizona, announced a strategic partnership in the field of prenatal genetic testing.

The collaboration will allow Tesis to broaden its portfolio of genetic testing offerings and participate in the fast growing screening market for over 4 million pregnancies in the United States. Tesis’s state-of-the-art and highly scalable genetics laboratory in Lafayette, Colorado can serve many regions of the U.S. including TexasArizona, and Colorado.

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Source: https://www.prnewswire.com/news-releases/natera-and-tesis-labs-announce-strategic-collaboration-on-prenatal-genetic-testing-301259649.html