- Fulgent Genetics, founded in 2011, is a biotechnology company focused on developing a wide range of genetic tests and precision medicine solutions, positioning itself as a leader in the laboratory services market with a revenue of $322.7 million in 2025, reflecting a 14% year-over-year growth.
- In the past year, Fulgent has made significant strides by acquiring Bako Diagnostics and StrataDx for approximately $56.9 million, aiming to enhance its service offerings and reduce customer concentration risk as it anticipates a revenue drop from its largest customer bringing testing in-house.
- The company serves a diverse clientele, including healthcare providers and research institutions, and is known for its proprietary imaging system Eziopath, which integrates digital pathology and AI to streamline oncology diagnostics.
- Fulgent's ideal buyers are healthcare organizations seeking advanced genetic testing solutions to improve patient outcomes, making it crucial for sales teams to engage now as the company expands its capabilities in digital pathology and AI-driven diagnostics.
Fulgent Genetics tracks 14 departments, led by Engineering with 123 employees, underscoring a substantial technical and product-building presence. Sales and Support (30), Healthcare (28), and Finance and Administration (24) form the next largest groups, balancing commercial delivery with corporate operations. Additional teams include Business Management (17), Human Resources (14), Operations (11), Legal (10), Information Technology (9), and Other functions (18), indicating a well-rounded mix of capabilities across the company.
The workforce is distributed across 27 locations, with a sizable cohort categorized under Other (166). Los Angeles, CA accounts for 69 employees, making it the largest single named location. Smaller teams are based in Houston, TX (10), San Diego, CA (8), Duarte, CA (7), Arcadia, CA (6), El Monte, CA (5), New York, NY (5), Monrovia, CA (4), and South El Monte, CA (4). The concentration in the Greater Los Angeles area suggests a core operational cluster complemented by a broad distributed presence.
