OBD was spun out from Oxford University in June 2007 with the aim of translating fundamental scientific advances into a commercialised platform technology and a new generation of biomarkers for cancer and other diseases.

The Company started its operations from its first Reference Laboratory at the University Science Park, Begbroke, Oxford. Today the company Office also a state-of-the-art Reference Laboratory is based on the First Floor, Building 7600 C, The Quorum, Alec Issigonis Way, Oxford Business Park North, Oxford which is a Quality Control and Quality Assurance facility.

OBD has a reference laboratory in Penang, Malaysia.