Overview
Biocartis is a molecular diagnostics company based at Generaal De Wittelaan 11B in Mechelen, with a US office in Itasca, Illinois. Its Idylla Platform is a fully automated sample-to-result, real-time PCR system that delivers molecular biomarker results in about 3 hours. The company offers tests for lung, skin, thyroid, colorectal, endometrial, blood, brain and breast cancer and has more than 2,500 Idylla placements in over 95 countries. The company was founded in 2007 by Rudi Pauwels, who led it for about a decade and left in 2017. Biocartis listed on the Brussels stock exchange in April 2015 at EUR 11.50 per share. By September 2023 the share traded at EUR 0.29 and accumulated losses were close to EUR 500 million. On 26 September 2023 Biocartis Group NV announced a delisting without compensation for shareholders. The recapitalization completed in November 2023 converted approximately EUR 132 million of debt into equity in Biocartis Holdings Inc., which owns Biocartis NV and Biocartis US Inc., and new lead shareholders invested EUR 40 million in cash. The US funds Whitebox and Highbridge became majority owners. In August 2025 the former listed parent went into liquidation while about 200 jobs in Mechelen were retained. Roger Moody is Chief Executive Officer. Randy Polonsky became CFO in October 2024 and Dr. W. Michael Korn Chief Medical and Scientific Officer in August 2024. On 15 September 2025 the Idylla CDx MSI Test, developed with Bristol Myers Squibb, received FDA Premarket Approval as a companion diagnostic for OPDIVO and YERVOY in colorectal cancer. In 2026 the company announced collaborations with Mayo Clinic, the Medical College of Wisconsin, City of Hope and Discovery Life Sciences.
Funding history
- 2015 IPO: Listing on the Brussels stock exchange in April 2015 at EUR 11.50 per share
- 2023 Recapitalization: About EUR 132M of debt converted into equity in Biocartis Holdings Inc. plus EUR 40M new cash from the new lead shareholders (Whitebox and Highbridge)
Stated facts & numbers
- Founded: 2007
- Founder: Rudi Pauwels
- Headquarters: Mechelen (US office in Itasca, Illinois)
- CEO: Roger Moody
- Employees: About 200 in Mechelen (2025)
- Product: Idylla Platform, results in about 3 hours
- Reach: More than 2,500 Idylla placements in over 95 countries
- Ownership: Biocartis Holdings Inc., majority held by Whitebox and Highbridge
- Listing: Euronext Brussels IPO April 2015; delisted 2023
Key people
In the news
- On 𝐖𝐨𝐫𝐥𝐝 𝐏𝐚𝐭𝐢𝐞𝐧𝐭 𝐒𝐚𝐟𝐞𝐭𝐲 𝐃𝐚𝐲, we recognize the vital role molecular biomarker testing plays in guiding treatment decisions for cancer patients. The Idylla™ Platform delivers fully automated molecular biomarker results in only 3 hours, providing clinicians with actionable results in time to support treatment selection. 𝐁𝐞𝐜𝐚𝐮𝐬𝐞 𝐢𝐦𝐩𝐫𝐨𝐯𝐢𝐧𝐠 𝐩𝐚𝐭𝐢𝐞𝐧𝐭 𝐬𝐚𝐟𝐞𝐭𝐲 𝐢𝐬𝐧'𝐭 𝐣𝐮𝐬𝐭 𝐚𝐛𝐨𝐮𝐭 𝐫𝐞𝐝𝐮𝐜𝐢𝐧𝐠 𝐝𝐞𝐥𝐚𝐲𝐬, 𝐢𝐭'𝐬 𝐚𝐛𝐨𝐮𝐭 𝐠𝐢𝐯𝐢𝐧𝐠 𝐜𝐥𝐢𝐧𝐢𝐜𝐢𝐚𝐧𝐬 𝐭𝐡𝐞
- 𝗪𝗲'𝗿𝗲 𝗮𝘁 𝗘𝗖𝗣𝟮𝟬𝟮𝟲 𝗶𝗻 𝗦𝘁𝗼𝗰𝗸𝗵𝗼𝗹𝗺! Come meet the Biocartis team and discover the fully automated 𝐈𝐝𝐲𝐥𝐥𝐚™ 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦, delivering in-house molecular biomarker results in only 3 hours! 📅 12-16 September 📍 Stockholm, Sweden 📌 𝐁𝐨𝐨𝐭𝐡 #𝟒𝟐𝟑 𝐁𝐨𝐨𝐤 𝐚 𝐦𝐞𝐞𝐭𝐢𝐧𝐠 𝐰𝐢𝐭𝐡 𝐨𝐮𝐫 𝐭𝐞𝐚𝐦🤝 https://lnkd.in/erZPbZvv European Society of Pathology #Idylla #Biocartis #ECP2026
- 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐛𝐢𝐨𝐦𝐚𝐫𝐤𝐞𝐫 𝐭𝐞𝐬𝐭𝐢𝐧𝐠 𝐢𝐧 𝐂𝐑𝐂: 𝐈𝐝𝐲𝐥𝐥𝐚™ 𝐢𝐬 𝐚𝐥𝐥 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 #KRAS #NRAS #BRAF #MSI ✔️ Detection of all actionable KRAS, NRAS and BRAF mutations ✔️ Idylla™ CDx MSI Test as Companion Diagnostic for nivolumab + ipilimumab ✔️ Standardized result report in only 2.5 hours ✔️ Fully automated molecular walk-away system for on-demand testing ✔️ Directly from FFPE with < 3 min. HoT ✔️ > 96% OPA for KRAS, NRAS, BRAF versus state-of-the-art methods 𝐋𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞 👉
- 𝐒𝐚𝐯𝐞 𝐭𝐡𝐞 𝐝𝐚𝐭𝐞! 𝐖𝐞’𝐫𝐞 𝐡𝐞𝐚𝐝𝐢𝐧𝐠 𝐭𝐨 𝐄𝐂𝐏 𝟐𝟎𝟐𝟔 𝐢𝐧 𝐒𝐭𝐨𝐜𝐤𝐡𝐨𝐥𝐦! Come meet the Biocartis team and discover the fully automated 𝐈𝐝𝐲𝐥𝐥𝐚™ 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦, delivering in-house molecular biomarker results in only 3 hours! 📅 12-16 September 📍 Stockholm, Sweden 📌 𝐁𝐨𝐨𝐭𝐡 #𝟒𝟐𝟑 We look forward to connecting with you at the European Society of Pathology Congress 𝐁𝐨𝐨𝐤 𝐚 𝐦𝐞𝐞𝐭𝐢𝐧𝐠 𝐰𝐢𝐭𝐡 𝐨𝐮𝐫 𝐭𝐞𝐚𝐦🤝 https://lnkd.in/erZPbZvv #ECP2026 #Pathology #MolecularDiagnostics
- During 𝐆𝐲𝐧𝐞𝐜𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐂𝐚𝐧𝐜𝐞𝐫 𝐀𝐰𝐚𝐫𝐞𝐧𝐞𝐬𝐬 𝐌𝐨𝐧𝐭𝐡, we highlight the importance of continued progress in understanding and addressing gynecological cancers, including 𝐞𝐧𝐝𝐨𝐦𝐞𝐭𝐫𝐢𝐚𝐥 𝐜𝐚𝐧𝐜𝐞𝐫. 𝐏𝐎𝐋𝐄 𝐦𝐮𝐭𝐚𝐭𝐢𝐨𝐧 𝐬𝐭𝐚𝐭𝐮𝐬 𝐚𝐧𝐝 𝐌𝐒𝐈/𝐌𝐌𝐑 𝐭𝐞𝐬𝐭𝐢𝐧𝐠 are two of the pivotal biomarkers in the current molecular classification of endometrial cancer, which stratifies tumors into four subgroups: POLE-mutated (POLEmut), mismatch repair-deficient (MMRd), no specific molecular
- 𝗜𝗗𝗬𝗟𝗟𝗔™ 𝗣𝗨𝗕𝗟𝗜𝗖𝗔𝗧𝗜𝗢𝗡 𝗛𝗜𝗚𝗛𝗟𝗜𝗚𝗛𝗧𝗦 𝗛𝟭 𝟮𝟬𝟮𝟲𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝗮𝗱𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗺𝗼𝗹𝗲𝗰𝘂𝗹𝗮𝗿 𝘁𝗲𝘀𝘁𝗶𝗻𝗴 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗳𝗿𝗼𝗺 𝗿𝗲𝘀𝗶𝗱𝘂𝗮𝗹 𝗰𝘆𝘁𝗼𝗹𝗼𝗴𝘆 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 For the final post in our H1 2026 Publication Highlights series, we take a closer look at a study by Antón-Peñalver et al. (2026)* evaluated the use of the 𝗜𝗱𝘆𝗹𝗹𝗮™ 𝗠𝗦𝗜 𝗔𝘀𝘀𝗮𝘆** on residual liquid-based cytology (LBC) samples from EUS-FNA specimens in pancreatic cancer. 💡𝗦𝘁𝘂𝗱𝘆
- September is 𝐁𝐥𝐨𝐨𝐝 𝐂𝐚𝐧𝐜𝐞𝐫 𝐀𝐰𝐚𝐫𝐞𝐧𝐞𝐬𝐬 𝐌𝐨𝐧𝐭𝐡, a month in which we raise awareness on blood cancer - its types, signs, symptoms & impact - and give it the attention it needs! 🤔 𝐃𝐢𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰 𝐭𝐡𝐚𝐭... - Acute Myeloid Leukemia (AML) is a rare type of blood cancer - IDH1 and IDH2 biomarkers are detected in 20% of AML cases - Our Idylla™ IDH1-2 Mutation Assay Kit (RUO*) can detect 5 mutations in the IDH1 gene and 10 mutations in the IDH2 gene 👉 𝐋𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞: https://lnkd.in/eJ6xUPP8 #IDH1
- We're #hiring a new Key Account Manager Spain (IVD/oncology know-how required) in Spain. Apply today or share this post with your network.
Alumni 1 went on to found or lead
Kenny HelsensResearch Data Scientist→Founder at Crane Bioworks
Evelien ReuJunior Shift Supervisor
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