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Bluejay Diagnostics Stock Price, News & Analysis

BJDX NASDAQ

Company Description

Bluejay Diagnostics develops near-patient diagnostic testing technology designed to improve outcomes in critical care settings. The company's flagship offering, the Symphony platform, represents an automated diagnostic system that combines traditional ELISA methodology with advances in nanotechnology to deliver rapid biomarker detection at the point of care. This technology addresses the urgent need for faster clinical decision-making in emergency and intensive care environments where time-sensitive information can significantly impact patient survival rates.

Symphony Platform Technology

The Symphony system consists of a fluorescence immuno-analyzer paired with single-use diagnostic test cartridges. The platform utilizes microfluidics and interrupted fluid dynamics to enable fast, simple, and highly sensitive biomarker detection from whole blood samples. Operating on a sample-to-result format, the system requires minimal technician intervention once a specimen is placed in the cartridge, with all necessary reagents integrated into the disposable test unit. This streamlined workflow is designed to deliver quantitative clinical chemistry results that are vital for triage and monitoring of disease progression in acute care scenarios.

Focus on Sepsis Diagnostics

The company's lead product candidate is the Symphony IL-6 Test, which measures interleukin-6 levels to aid in sepsis triage and patient acuity assessment. Sepsis represents a life-threatening condition that accounts for approximately one-third of all hospital deaths, yet healthcare professionals face significant challenges in rapidly identifying sepsis and determining disease severity. Traditional laboratory methods for measuring IL-6 typically require several hours to deliver results, potentially delaying critical treatment decisions. The Symphony IL-6 Test aims to provide accurate, reliable results in approximately twenty minutes, enabling clinicians to make earlier and more informed triage and treatment decisions.

Interleukin-6 functions as a first-responder biomarker that appears in the bloodstream during early stages of inflammation and infection. By rapidly quantifying IL-6 concentrations, the test is intended to help assess the cumulative risk of all-cause mortality in patients diagnosed with sepsis or septic shock in intensive care units. This prognostic information, when used in conjunction with other laboratory findings and clinical assessments, may support more tailored treatment strategies and resource allocation decisions in critical care environments.

Clinical Development and Regulatory Pathway

Bluejay Diagnostics conducts its clinical validation through the SYMON Clinical Study Program, which includes multiple phases of research. The SYMON-I pilot study examined the relationship between IL-6 levels measured within the first day of sepsis diagnosis and subsequent patient outcomes, with findings suggesting that these measurements may predict mortality out to four weeks. Building on these results, the company initiated the SYMON-II pivotal clinical trial to validate the outcomes observed in the earlier study. This larger investigation aims to assess the predictive performance of IL-6 levels for all-cause mortality in intensive care unit patients diagnosed with sepsis or septic shock.

The company plans to use data from the SYMON-II trial to support a regulatory submission to the Food and Drug Administration. The Symphony IL-6 Test does not yet have regulatory clearance, and the company must receive authorization from the FDA before the system can be marketed as a diagnostic product in the United States. The regulatory strategy targets submission of a 510(k) application, with plans to complete clinical sample testing and submit the application for review. Following this regulatory pathway is essential for bringing the technology to market and enabling commercial adoption in hospital and emergency care settings.

Manufacturing and Strategic Partnerships

To prepare for potential commercialization, Bluejay Diagnostics collaborates with specialized manufacturing partners for production of the Symphony analyzer and associated components. The company works with contract manufacturers that possess expertise in medical device production and precision engineering. These manufacturing relationships include agreements that define the scope of production activities, quality standards, and supply chain arrangements. Expanding these partnerships supports the company's efforts to scale production capabilities and establish reliable supply channels for the Symphony platform as it advances through clinical development and regulatory review.

Business Model and Market Opportunity

The company operates as a pre-revenue medical diagnostics developer focused on creating rapid point-of-care testing solutions for critical care applications. The business model centers on developing the Symphony platform and its associated test menu, with the initial focus on sepsis diagnostics representing the entry point into the broader critical care testing market. The modular nature of the Symphony system is designed to accommodate additional biomarker tests beyond IL-6, potentially enabling expansion into other clinical chemistry applications where rapid, near-patient results would provide value in acute care decision-making.

Point-of-care testing represents a growing segment within the broader diagnostics industry, driven by demand for faster results, reduced sample transport logistics, and the ability to make treatment decisions at the site of patient care. Hospital emergency departments and intensive care units face constant pressure to optimize patient flow, resource utilization, and clinical outcomes. Diagnostic tools that can deliver laboratory-quality results in minutes rather than hours may support these operational objectives while potentially improving patient care through earlier intervention and more precise treatment stratification.

Technology Innovation

The technical approach underlying the Symphony platform combines established immunoassay principles with miniaturization and automation advances. By integrating microfluidic channels and optical detection systems into a compact analyzer, the technology aims to replicate the analytical performance of central laboratory equipment while reducing turnaround time and simplifying workflow. The single-use cartridge design addresses concerns about cross-contamination between samples and eliminates the need for manual reagent handling, calibration, or maintenance that might be required with more complex analyzers. This design philosophy prioritizes ease of use in fast-paced clinical environments where staff may have limited specialized training in laboratory techniques.

Healthcare Industry Context

The development of rapid sepsis diagnostics addresses an important unmet need within healthcare systems. Sepsis occurs when the body's response to infection causes tissue damage, organ failure, and potentially death. Early recognition and treatment significantly improve survival rates, yet identifying sepsis remains challenging because symptoms can be non-specific and overlap with other conditions. Biomarker testing provides objective data that can complement clinical judgment, potentially reducing the time to diagnosis and appropriate treatment initiation. As healthcare systems increasingly emphasize value-based care and outcome measurement, tools that support better clinical decision-making in high-acuity settings align with broader industry priorities around quality improvement and cost management.

Stock Performance

$—
0.00%
0.00
Last updated:
-82.19 %
Performance 1 year

Financial Highlights

$0
Revenue (TTM)
-$1,481,959
Net Income (TTM)
-$1,931,401
Operating Cash Flow
-$1,361,607

Upcoming Events

SEP
01
September 1, 2026 - December 31, 2026 Clinical

Symphony sample testing

Symphony sample testing planned to start by late 2026
OCT
01
October 1, 2026 Operations

Manufacturing timeline end

Toray Industries to complete cartridge manufacturing by October 2026
DEC
31
December 31, 2026 Clinical

SYMON-II trial completion

Expected completion of pivotal SYMON-II clinical trial for IL-6 test
JAN
01
January 1, 2027 - December 31, 2027 Regulatory

FDA 510(k) submission

Targeted FDA 510(k) submission for Symphony IL-6 test program
JAN
01
January 1, 2027 - December 31, 2027 Regulatory

FDA 510(k) submission

Targeted FDA 510(k) submission for Symphony assay, financing pending
OCT
01
October 1, 2027 - December 31, 2027 Regulatory

510(k) submission

Expected FDA 510(k) submission of Symphony IL-6 test by Q4 2027
JUL
01
July 1, 2028 - September 30, 2028 Regulatory

FDA approval target

Target FDA 510(k) approval of Symphony IL-6 test by Q3 2028
APR
01
April 1, 2030 Financial

Warrants expiration

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Frequently Asked Questions

What is the current stock price of Bluejay Diagnostics (BJDX)?

The current stock price of Bluejay Diagnostics (BJDX) is $0.65 as of January 12, 2026.

What is the market cap of Bluejay Diagnostics (BJDX)?

The market cap of Bluejay Diagnostics (BJDX) is approximately 1.2M. Learn more about what market capitalization means .

What is the revenue (TTM) of Bluejay Diagnostics (BJDX) stock?

The trailing twelve months (TTM) revenue of Bluejay Diagnostics (BJDX) is $0.

What is the net income of Bluejay Diagnostics (BJDX)?

The trailing twelve months (TTM) net income of Bluejay Diagnostics (BJDX) is -$1,481,959.

What is the earnings per share (EPS) of Bluejay Diagnostics (BJDX)?

The diluted earnings per share (EPS) of Bluejay Diagnostics (BJDX) is -$0.16 on a trailing twelve months (TTM) basis. Learn more about EPS .

What is the operating cash flow of Bluejay Diagnostics (BJDX)?

The operating cash flow of Bluejay Diagnostics (BJDX) is -$1,931,401. Learn about cash flow.

What is the current ratio of Bluejay Diagnostics (BJDX)?

The current ratio of Bluejay Diagnostics (BJDX) is 6.26, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the operating income of Bluejay Diagnostics (BJDX)?

The operating income of Bluejay Diagnostics (BJDX) is -$1,361,607. Learn about operating income.