Pathnostics, an Irvine, Calif.-based diagnostic solutions company, received an investment from Water Street Healthcare Partners.
The amount of the deal was not disclosed.
Founded in 2014 by Dave Pauluzzi, Pathnostics specializes in diagnostic tests and services across a range of therapeutic areas, including urology, women’s health, gastroenterology and cancer. The company has grown rapidly in recent years as increasing numbers of urologists have adopted its Guidance UTI test, which simultaneously diagnoses and guides antibiotic treatment for complex, recurring urinary tract infections.
This test utilizes proprietary technology featuring combined phenotypic sensitivity and genotypic resistance to conquer unresolved infections and rapidly provide therapeutic guidance to physicians.
Pauluzzi will continue to lead the company as CEO. He previously collaborated with Water Street when he was president and CEO of PLUS Diagnostics to grow the company into a national anatomic pathology leader.