| Market Capitalization (Millions $) |
1,735 |
| Shares
Outstanding (Millions) |
49 |
| Employees |
155 |
| Revenues (TTM) (Millions $) |
100 |
| Net Income (TTM) (Millions $) |
-3 |
| Cash Flow (TTM) (Millions $) |
-44 |
| Capital Exp. (TTM) (Millions $) |
10 |
Business Description
Biolife Solutions Inc is a publicly traded biotechnology company that provides best-in-class cell and gene therapy products and services for cell-based research and clinical applications. The company is headquartered in Bothell, Washington, and was founded in 1998.
Biolife Solutions specializes in developing solutions to improve the biopreservation and storage of cells and tissues used in medical and research applications. Their products include biopreservation media, which optimize cellular viability and function during transportation, cold storage, and thawing. Biolife Solutions also provides GMP-manufactured clinical grade biopreservation media and contract manufacturing services to leading cell therapy and regenerative medicine companies.
The company's proprietary technologies include HypoThermosol and CryoStor, which are designed to preserve cells and tissues under controlled temperatures during transportation and storage. These technologies have been independently tested and validated and have been shown to increase cell viability and extend the lifespan of cells and tissues.
Biolife Solutions has a global presence and serves a diverse range of customers, from small biotech startups to large pharmaceutical companies. The company has partnerships with major research institutions, including the National Institutes of Health and leading universities.
Biolife Solutions has received several awards and recognitions for its innovative products and services. In 2016, BIOTECHNOLOGY MAGAZINE named the company as one of the "Top 10 Cell and Gene Therapy Technology Solution Providers". In 2019, the company was ranked as the 5th fastest-growing public company in the United States by Fortune Magazine.
In conclusion, Biolife Solutions Inc is a biotechnology company that focuses on developing biopreservation solutions to improve the storage and transportation of cells and tissues used in medical and research applications. Its proprietary technologies have been validated and demonstrated to optimize cellular viability and extend cell lifespan, making them a leading provider of cell and gene therapy products and services.
Company Address: 3303 Monte Villa Parkway, Suite 310 Bothell 98021 WA
Company Phone Number: 402-1400 Stock Exchange / Ticker: NASDAQ BLFS
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1.02%