MDxHealth SA, a commercial-stage precision diagnostics company, provides urologic solutions in the United States, the Netherlands, Belgium, Spain, Poland, Italy, rest of European Union, and internationally. Its novel prostate cancer genomic testing solutions are SelectMDx, a non-invasive urine test; and ConfirmMDx, an epigenetic test, which provide physicians with a clinical pathway to identify clinically prostate cancer while minimizing the use of invasive procedures that are prone to complications. The company was formerly known as OncoMethylome Sciences SA and changed its name to MDxHealth SA in October 2010. MDxHealth SA was incorporated in 2003 and is headquartered in Herstal, Belgium.
Mdxhealth Reports Second Quarter 2026 Financial Results
MDxHealth reported Q2 revenue of $27.2 million, up 16% year-over-year, and reaffirmed its 2026 revenue guidance of $110-115 million despite a widening net loss to $9.5 million driven by ExoDx integration costs.
The company completed the wind-down of its Resolve mdx business, with subsidiary Delta Laboratories executing an Assignment for the Benefit of Creditors to address liabilities, including a $10.4 million recoupment claim from Novitas Solutions.
To strengthen its balance sheet, MDxHealth closed a registered direct placement of 44 million shares at $0.454, raising $20 million in gross proceeds and boosting its pro-forma cash position to $39.2 million.