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BioLife Solutions BLFS · USD

Health Care · US listing · 🇺🇸 United States

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About BioLife Solutions

Its shares trade under the ticker BLFS. It has been listed since 22 November 1989. In the fiscal year to 31 December 2025, it reported revenue of $96.2m and a net loss of $12.1m. At that date it held total assets of $405.9m and shareholders' equity of $371.9m.

BioLife Solutions, Inc. engages in the development, manufacture and marketing of biopreservation tools for cells and tissues. The company is headquartered in Bothell, Washington. The firm's product offerings include hypothermic storage and cryopreservation freeze media products for cells, tissues, and organs; generic blood stem cell freezing and cell thawing media products; custom product formulation and custom packaging services; cold chain logistics services incorporating precision thermal packaging products and cloud-hosted Web applications, and contract aseptic manufacturing formulation, fill and finish services of liquid media products. Its products include HypoThermosol FRS, CryoStor, BloodStor, Cell Thawing Media, PrepaStor and biologistex cold-chain management service.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Health Care
Industry
Health Care Equipment & Supplies
Listed since
22 Nov 1989
Employees
155
Head office
3303 MONTE VILLA PARKWAY, BOTHELL, WA, 98021
Incorporated in
DE
Classification
Electromedical & Electrotherapeutic Apparatus
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Roderick de GreefChairman of the Board, Chief Executive Officer, since 2000$7.0m
  • Mr. Troy WichtermanChief Financial Officer$2.6m
  • Ms. Sarah AebersoldChief Human Resources Officer
  • Dr. Aby MathewChief Scientific Officer, Executive Vice President$1.7m
  • Dr. Sean WernerChief Technology Officer
  • Mr. Todd BerardChief Commercial Officer$1.1m
  • Ms. Karen FosterChief Quality and Operations Officer$1.3m
  • Ms. Amy DurossLead Independent Director$308,043
  • Ms. Catherine CosteIndependent Director
  • Ms. Rachel EllingsonIndependent Director$255,543
  • Mr. Joydeep GoswamiIndependent Director$271,272
  • Mr. Tony HuntIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
24
Environment
25
Social
35
Governance
11
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

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

AI-generated

Strengths

  • Strong product portfolio: BioLife Solutions Inc offers a diverse range of innovative biopreservation tools and services, which cater to the growing needs of the biotech and pharmaceutical industries.
  • Established reputation: The company has built a solid reputation for delivering high-quality, reliable products, ensuring customer satisfaction and loyalty.
  • Robust research and development: BioLife Solutions Inc invests heavily in R&D, allowing them to stay at the forefront of technological advancements and develop cutting-edge solutions for their customers.

Weaknesses

  • Dependence on a few key customers: The company relies heavily on a small number of customers for a significant portion of its revenue, making it vulnerable to any changes in their preferences or buying patterns.
  • Limited global presence: BioLife Solutions Inc primarily operates in North America, which restricts its market reach and potential growth opportunities in other geographical regions.
  • Relatively small market share: Despite being a leader in biopreservation solutions, the company faces intense competition from larger, more established players in the industry.

Opportunities

  • Growing biotech and pharmaceutical sectors: The increasing demand for biopreservation tools and services presents immense growth opportunities for BioLife Solutions Inc.
  • Expansion into international markets: Exploring and expanding operations in new geographical regions would help the company tap into untapped markets and increase its customer base.
  • Strategic partnerships and collaborations: Forming partnerships with other industry players or research institutions could enhance BioLife Solutions Inc's capabilities and open doors to new technologies and markets.

Threats

  • Competitive market landscape: The biopreservation industry is highly competitive, with numerous established and emerging players vying for market share, which could potentially impact BioLife Solutions Inc's growth and profitability.
  • Regulatory challenges: Changes in government regulations pertaining to biopreservation or concerns related to product safety can pose challenges and increase compliance costs for the company.
  • Economic uncertainties: Global economic fluctuations or downturns may affect the spending capacity of BioLife Solutions Inc's customers, potentially impacting their demand for biopreservation products and services.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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