[TechUkraine news] Ukrainian Audubon sells services of procurement cancer cells and human plasma for $6.5M in 2021

Ukrainian startup Audubon Bioscience sells services of procurement cancer cells and human plasma for $6.5M in 2021.
  • Rostislav Semikov, from Zaporizhzhia, founded Audubon Bioscience, which collects human cancer tissues, cells, and plasma for delivery to research institutes and companies.
  • Semikov’s company is engaged in biobanking: it collects and stores human biosamples: tissue, blood serum and plasma, synovial fluid, and cells. Another component of their business is scientific services.
  • Audubon Bioscience sends biosamples to research institutes and companies to test and develop new diagnostics and drugs.
  • The business model is simple: customers pay the startup to collect, process, and deliver samples.
  • In 2016, the company’s revenue was $118,000 and reached $6.5M in 2021.

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