Echosens

Echosens Overview

Company Headquarters: Paris, France

Founded: 2001

Workforce: ~9000 (2018)

Company Working: Echosens develops, manufactures, and markets non-invasive diagnostic products and services in the field of hepatology. The company offers FibroScan, which is based on proprietary vibration controlled transient elastography technology and is used in routine clinical practice and research; FibroMeter range that provides blood tests; and FibroView, which offers smart connectivity software solutions linking FibroScan to the hospital information systems. Echosens currently possesses more than 22 patent families. The company has six subsidiaries in Germany, Hong Kong, Spain, China, Lebanon, and the US.

Strategy

Echosens aims to become the leading company for non-invasive diagnostic in hepatology globally. The company continuously strives to help improve the quality of life for patients by expanding its product portfolio. Moreover, the company aims to provide its product FibroScan with proprietary VCTE technology to most of the regional hospitals and clinics through joint ventures to brace its position in the market.

Company Snapshot

9,000

Employees

2001

Founded

Paris, France

Headquarters

SWOT Analysis

Strengths

Specialized in non-invasive liver diagnosis
Efficient distribution network
Extensive R&D capabilities

Weaknesses

Limited products
Focus limited to major markets of Europe and US

Opportunities

Mergers & acquisitions

Threats

Currency fluctuations

Key Developments

Date	Approach	Development
February 2019	Collaboration	Echosens announced a pilot study in collaboration with the NASH Network designed to appropriately identify patients with the progressive non-alcoholic fatty liver disease using FibroScan. The study will utilize FibroScan in conjunction with routine lab tests, lipidomic and metabolic profiles, magnetic resonance elastography (MRE), exploratory biomarkers, and morphometric analysis. Through this collaboration, the company aims to expand its customer base and increase its market penetration.

Product Offering

Echosens
- Non-Invasive Technology
- Blood Test

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