BioLife Solutions

BioLife Solutions

BLFS
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BLFS · Stock Price

USD 23.12-0.17 (-0.73%)
Market Cap: $1.1B

Historical price data

Market Cap: $1.1BPatents: 16Founded: 1987HQ: Bothell, United States

Overview

BioLife Solutions is a publicly traded enabler of the cell and gene therapy revolution, providing mission-critical biopreservation media, cell culture optimization products, and closed-system manufacturing tools. Its strategic 'Mastering Biopreservation' platform is embedded in over 700 customer clinical applications, providing a capital-efficient, recurring revenue model insulated from direct therapeutic development risk. The company's success is tied to the broader CGT sector's growth, positioning it as a foundational supply chain partner for developers navigating the complex path from R&D to commercialization.

Cell TherapyGene TherapyRegenerative Medicine

Technology Platform

An integrated 'Mastering Biopreservation' platform comprising three pillars: 1) Biopreservation & Freeze Media (e.g., CryoStor), 2) Closed-system, automation-ready tools for cell processing, and 3) Cell culture optimization products (e.g., human platelet lysates).

Funding History

4
Total raised:$64.7M
PIPE$50M
IPO$8.5M
Series A$5M
Seed$1.2M

Opportunities

The company is poised to benefit from the rapid growth of the cell and gene therapy sector, with each new therapy approval and manufacturing scale-up driving recurring demand for its consumables and tools.
The industry trend towards closed, automated manufacturing and outsourcing to CDMOs aligns perfectly with BioLife's product strategy, expanding its total addressable market.

Risk Factors

BioLife faces significant sector concentration risk, as its success is directly tied to the funding environment and clinical progress of the broader CGT industry.
It also faces competition from larger life science tools companies and risks related to potential technological disruption in biopreservation or cell culture science.

Competitive Landscape

BioLife competes in fragmented segments against niche chemical suppliers, specialized biotech firms, and large capital equipment players. Its primary advantage is an integrated, specialized platform focused exclusively on CGT workflows, combining scientifically validated formulations, GMP-ready materials, and deep regulatory support to create significant customer stickiness.

Company Timeline

1987Founded

Founded in Bothell, United States

2002Series A

Series A: $5.0M

2005IPO

IPO — $8.5M

2020PIPE

PIPE: $50.0M