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Advanced Biomed ADVB · USD

Health Care · US listing · 🇺🇸 United States

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2.05

+3.54%

Close of 9 Nov 2026, in USD

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About Advanced Biomed

From its filings with the US Securities and Exchange Commission

SEC filings

Advanced Biomed is based in Reno, Nevada and is incorporated in Nevada. Its shares trade on Nasdaq under the ticker ADVB. The SEC classifies its business as medical laboratories. In the fiscal year to 30 June 2026, it reported revenue of $127,637 and net income of $6.7m. At that date it held total assets of $13.8m and shareholders' equity of $12.3m.

In its own words

We are a holding company incorporated in the State of Nevada. In April 2026, we acquired 100% of equity interests of Acellent Technologies (Hong Kong) Co. Limited (“Acellent”), which develops and operates the FinTruth Financial Verification Agent Platform (“FinTruth”), an enterprise AI financial verification platform designed to compare and verify financial analysis and AI-generated financial content against underlying source documents and financial rules, and to produce source-traceable and auditable results. In December 2025 and June 2026, respectively, we sold Advanced Biomed HK (together with its subsidiary, Shanghai Sglcell) and Advanced Biomed Taiwan, thereby disposing of our biomedical operations, and have since fully shifted our focus towards developing our AI application through FinTruth.

Prior to our shift to developing our AI application through FinTruth, we were focused on developing lab devices and chemicals in order to find and study cancer cells in a patient’s blood, with the eventual goal of helping doctors detect and monitor cancer through simple blood tests. Our products included A+Pre, a device that prepares blood samples for testing; the AC-1000, a device that separates cancer cells from the rest of the blood; the A+SCDrop, a device that isolates individual cells; and the A+CellScan, a device that stains and automatically counts cancer cells. We also developed dye kits used to identify different types of cancer cells. With the exception of the A+Pre and AC-1000 devices, most of our products were awaiting regulatory approval from the PRC government.

Quoted from its 10-K, filed 13 Oct 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Health Care Equipment & Supplies
Listed since
6 Mar 2025
Employees
40
Head office
401 RYLAND ST, RENO, NV, 89502
Incorporated in
NV
Classification
Services-Medical Laboratories
Filer status
Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company

Leadership

Pay as last reported

  • Dr. I-Fang ChengChief Technology Officer, Director, since 2022
  • Mr. Mingyue CaiIndependent Director
  • Ms. I Kei CheangIndependent Director$8,000
  • Ms. Jing ZhangIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Advanced Biomed Inc develops biochip technologies for cancer screening and diagnosis.
  • The company's microfluidic platform integrates R&D, design, and manufacturing of biochips.
  • It offers specific devices like A+Pre, AC-1000, and A+CellScan for cancer patient care.

Weaknesses

  • The company has only 40 employees and operates from Reno, Nevada.
  • Advanced Biomed Inc is a newly listed company with an IPO date of March 6, 2025.
  • Reno, Nevada is not a major hub for biotechnology innovation.

Opportunities

  • The growing demand for cancer screening and early detection services presents opportunities.
  • Microfluidic technology adoption in healthcare is expanding globally.
  • The US market offers significant potential for biochip-based cancer diagnostics.

Threats

  • The biotechnology sector faces intense competition from established firms.
  • Regulatory challenges may impact the approval of new diagnostic devices.
  • Economic downturns could reduce healthcare spending on advanced diagnostics.

Sources and methodology

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Our data supplier
Chart on the Overview
TradingView

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