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Bluejay Diagnostics Reports Q2 Business Update, SYMON-II Clinical Trial Underway
ByAinvest
Thursday, Aug 7, 2025 6:31 pm ET1min read
Bluejay Diagnostics has initiated patient enrollment in the SYMON-II clinical trial to validate the Symphony IL-6 test for predicting ICU patient mortality. The trial aims to complete sample testing by 2026 and submit a 510(k) application to the FDA in 2027. The company is also working on manufacturing readiness, including a partnership with SanyoSeiko and a licensing amendment with Toray Industries. Additional capital is being explored to support these milestones.
Bluejay Diagnostics (NASDAQ: BJDX) has made significant strides in its Symphony IL-6 test program, with the company announcing key developments in its Q2 2025 business update. The company has initiated patient enrollment in the pivotal SYMON-II clinical trial, which aims to validate the test's ability to predict 28-day mortality in ICU patients. The trial is expected to complete sample testing by the end of 2026, with a targeted FDA 510(k) submission in 2027.Bluejay Diagnostics has also secured strategic manufacturing partnerships to support its commercialization efforts. The company has entered into a manufacturing agreement with SanyoSeiko Co. for the production of the Symphony analyzer and has amended its agreement with Toray Industries to extend the cartridge manufacturing timeline to October 2026. These partnerships are critical in ensuring the scalability and reliability of the Symphony platform.
Financially, Bluejay Diagnostics raised $3.85 million through warrant inducement financing in April 2025. However, the company has acknowledged the need for additional capital through 2027 to support manufacturing, clinical trials, and regulatory activities. The extended timeline to potential commercialization, coupled with ongoing capital requirements, presents a significant challenge for the company.
Despite these challenges, Bluejay Diagnostics remains committed to its mission of improving patient outcomes through its Symphony System. The company's explicit statement about actively exploring "strategic and institutional financing avenues" signals continued dilution risk for current shareholders as Bluejay works toward its regulatory milestones.
References:
[1] https://www.stocktitan.net/news/BJDX/bluejay-diagnostics-provides-second-quarter-business-and-corporate-h9lula53lb09.html
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