Welcome to our dedicated page for Bluejay Diagnostics news (Ticker: BJDX), a resource for investors and traders seeking the latest updates and insights on Bluejay Diagnostics stock.
Bluejay Diagnostics develops rapid, near-patient diagnostic testing for critical care settings through its Symphony™ platform. The company’s lead product candidate, the Symphony™ IL-6 Test, is designed to measure interleukin-6 for sepsis triage, patient monitoring, and risk assessment, with sample-to-result testing described at approximately 20 minutes.
Bluejay news commonly covers SYMON clinical studies, IL-6 biomarker data, conference presentations, manufacturing readiness for Symphony cartridges, antibody production for test components, and regulatory preparation. Company updates also include financing activity, warrant exercises, reverse stock splits, and other capitalization matters. The Symphony System does not yet have U.S. FDA regulatory clearance and requires authorization before it can be marketed as a diagnostic product in the United States.
Bluejay Diagnostics (NASDAQ: BJDX) announced a private placement to raise approximately $4.5 million by selling 2,250,000 shares (or pre-funded warrants) and Series F warrants to purchase up to 4,500,000 shares at a $2.00 purchase price and accompanying warrants. The Series F warrants carry a $1.75 exercise price, are exercisable immediately and expire 5.5 years after issuance. The offering is priced at-the-market under Nasdaq rules, is expected to close on or about October 10, 2025, and is being placed exclusively by Rodman and Renshaw. Net proceeds are intended to fund FDA approval efforts (including clinical studies), R&D, and general working capital. Securities will be issued under applicable exemptions and subject to resale registration rights.
Bluejay Diagnostics (NASDAQ: BJDX) and SanyoSeiko agreed on Oct. 9, 2025 to amend their Master Service Agreement and Master Supply Agreement to expand SanyoSeiko’s role in commercializing the Symphony near-patient testing platform.
Under statements of work already provided, SanyoSeiko will provide end-to-end support including manufacturing redevelopment for analyzers and cartridges, hardware/software/design updates, raw material sourcing, vendor compliance, kit assembly, labeling, packaging, shipping, quality control, regulatory and quality management support, and equipment storage and maintenance. The companies say the amended agreements aim to strengthen supply chain resilience, secure production capacity, and advance readiness for broader clinical validation and market introduction.
Bluejay Diagnostics (NASDAQ: BJDX) has reported its Q2 2025 business update, highlighting progress in its Symphony IL-6 test program. The company has initiated the SYMON-II pivotal clinical trial to validate findings from the successful SYMON-I pilot study, with completion expected by end of 2026 and FDA 510(k) submission targeted for 2027.
Key developments include a manufacturing partnership with SanyoSeiko Co. for the Symphony analyzer and an amended agreement with Toray Industries extending cartridge manufacturing timeline to October 2026. The company raised $3.85 million through warrant inducement financing in April 2025 but anticipates requiring additional capital through 2027 for manufacturing, clinical trials, and regulatory activities.
Bluejay Diagnostics (NASDAQ: BJDX) has announced the acceptance of an abstract for presentation at the 2025 Society of Academic Emergency Medicine (SAEM) Annual Meeting in Philadelphia. The presentation will showcase new clinical data from the SYMON-I study, which evaluated the Symphony IL-6 Test in sepsis patients.
The study assessed IL-6 as a prognostic indicator for 28-day mortality, 7-day mortality, and microbiological positivity in patients intended or admitted to intensive care units. Dr. Nathan Shapiro from Beth Israel Deaconess Medical Center highlighted that early IL-6 testing shows promise in predicting short-term and mid-term mortality in sepsis patients.
The company is currently conducting the SYMON-II validation clinical study to further establish IL-6 as a prognostic biomarker. The presentation, titled 'Multicenter Symphony IL-6 Monitoring Sepsis ICU Validation Study (SYMON I)', will be delivered by Dr. John H. Lee and Dr. Nathan Shapiro on May 14, 2025.
Bluejay Diagnostics (NASDAQ: BJDX) has announced a warrant inducement transaction that will generate approximately $3.7 million in gross proceeds. The agreement involves institutional investors who are existing warrant holders exercising their rights to purchase up to 1,085,106 shares of common stock at a reduced exercise price of $3.42 per share.
In exchange for exercising their existing warrants, investors will receive new warrants to purchase an additional 1,085,106 shares of common stock. These new warrants are immediately exercisable at $3.42 per share and will expire in five years. The transaction was facilitated by Aegis Capital Corp. as the exclusive financial advisor, with legal counsel provided by Hogan Lovells US LLP for Bluejay and Kaufman & Canoles, P.C. for Aegis.
Bluejay Diagnostics (NASDAQ: BJDX) has announced a 1-for-50 reverse stock split effective November 18, 2024. The split will reduce outstanding common stock from approximately 27,624,740 shares to 552,854 shares. Trading will continue under the symbol 'BJDX' with a new CUSIP number 095633509. Stockholders will receive cash payments for fractional shares, and the split will proportionally adjust all outstanding equity awards and warrants. The company's transfer agent, Continental Stock Transfer & Trust Company, will manage the exchange process.
Bluejay Diagnostics (NASDAQ: BJDX) has announced the closing of its $8.75 million underwritten public offering, completed on June 28, 2024.
This offering included 5,368,098 Common Units or Prefunded Units, each priced at $1.63 and $1.6299 respectively. The proceeds will be used to repay $2.3 million in outstanding debt and to fund FDA approval processes and general working capital needs.
This offering includes several warrant types, such as Class C and Class D Warrants, which have specific exercise prices and expiration terms. Aegis Capital Corp. acted as the underwriter, and the offering was made under SEC registration statement Form S-1.
Bluejay Diagnostics (NASDAQ: BJDX) announced the pricing of an $8.75 million underwritten public offering. The offering includes 5,368,098 Common Units or Prefunded Units, each with one share of common stock or one pre-funded warrant and three types of warrants for additional stock purchases. The company set the purchase price for Common Units at $1.63 and Prefunded Units at $1.6299. Proceeds will be used to repay $2.3 million of outstanding debt, fund FDA approval-related activities, and support R&D and working capital. The offering is expected to close on June 28, 2024, with Aegis Capital Corp. as the underwriter.
Bluejay Diagnostics announced the primary results of their SYMON-I pilot clinical study, which suggests that interleukin-6 (IL-6) can predict mortality in sepsis and septic shock patients within 28 days of ICU admission. The study compared IL-6 levels to standard clinical tests like lactate and SOFA, finding IL-6 to be a more reliable predictor of mortality. The results will be validated in the SYMON-II study set to begin in Q3 2024. Positive results from SYMON-II could support a 510(k) application to the FDA in 2025. The company aims to present these results at scientific meetings and publish them in peer-reviewed journals, contingent on raising additional capital.