No insider purchase over the last 90 days. The latest, by Gibbs Michael Terrence, was filed 11 Apr 2022.
This page follows insider dealings at T2 Biosystems, Inc. as filed with SEC (Form 4), a company from the Healthcare & Pharma sector. T2 Biosystems, Inc. has had no insider filing for more than a year; the last one goes back to 17 September 2024.
Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2023 · cache
25 of 90 declarations
T2 Biosystems, Inc. is a United States-based in vitro diagnostics company listed on the NASDAQ Capital Market under the ticker TTOO. Headquartered in Lexington, Massachusetts, and incorporated in Delaware in 2006, the company operates in a highly specialized part of healthcare diagnostics focused on rapid direct-from-blood detection of pathogens and biomarkers, with a particular emphasis on bloodstream infections and sepsis.
The company’s core technology is its proprietary T2 Magnetic Resonance (T2MR®) platform, which is designed to identify targets directly from whole blood without waiting for a positive culture. T2 Biosystems’ commercial portfolio centers on the T2Dx Instrument, the T2Candida Panel, and the T2Bacteria Panel. Management also highlights a development pipeline aimed at broadening the addressable market through additional pathogen species, antibiotic-resistance markers, and future applications such as Lyme disease testing.
From an investor’s perspective, T2 Biosystems is positioned in a niche where speed, accuracy, and earlier clinical decision-making can materially affect outcomes and hospital economics. The strategic appeal of the platform is tied to faster treatment selection, better antibiotic stewardship, and the potential to reduce delays associated with conventional culture-based testing. At the same time, the company faces the realities of a competitive diagnostics market, where commercialization scale, reimbursement, regulatory execution, and balance-sheet strength are critical differentiators.
Geographically, the business remains primarily U.S.-anchored, but it has also pursued international commercialization through distributors. Recent company communications point to sales of T2Dx instruments into Europe, broader commercial expansion across Europe and Asia, and continued global shipments of sepsis tests. Recent highlights include preliminary fourth-quarter and full-year 2024 results announced in January 2025, along with ongoing efforts to strengthen commercial execution, support manufacturing and supply-chain operations, and advance product development programs. For equity investors, TTOO therefore represents a small-cap diagnostics story with meaningful technology optionality, but also elevated execution and financing risk typical of an emerging molecular diagnostics platform.
| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2023 | 7.2 m USD | -50.1 m USD | -19.19 USD | 10-K |
| Dec 2022 | 22.3 m USD | -62.0 m USD | -1222.14 USD | 10-K |
| Dec 2021 | 28.1 m USD | -49.2 m USD | -15.50 USD | 10-K |
| Dec 2020 | 18.1 m USD | -46.8 m USD | n.d. | 10-K |
| Dec 2019 | 8.3 m USD | -59.0 m USD | n.d. | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.