PROJECT EXAMPLE:
COMPANY OVERVIEW
CELLINK
Cellink was founded to exploit the results of a EUREK/EUROSTAR project to develop a technology platform that would allow the biofabrication of 3D living human tissues in vitro that could be stable for weeks to months. It has grown rapidly in the past 3 years, from 24 employees to 119 as of May 2019.
Cellink's first product was a nanocellulose based bioink, together with a low-priced, entry-level bioprinter that sells for less than $5,000. The company has evolved its strategy from selling bioinks to offering a complete start-up package for beginners in bioprinting, to sale and marketing of systems consisting of several components; 3D bioprinter, stem cell bioinks, cell mixers and dosing equipment. Strategic alliances have been a key part of this process, with the company acquirers 2 parters, Dispendix and Cytena since November 2018.
Cellink is aiming for a NASDAQ listing in late 2019 or early 2020, which is reflected their expansive public relations and marketing messaging.
PRODUCTS
Cellink Bio X 3D Bioprinter
Cellink's flagship product is a bench-top printer with 3 print heads.
Accessories include HD Camera and UV Light cure modules.
The base model sells for $5,000, and a range of bioinks that sell for $99 - $1,290 (average cost is $600)
Bioink Starter Kits & Accessories
A wide range of bioinks are available that sell for $99 - $1,290 (average cost is $600).
INKREDIBLE Bioprinter
Cellink's flagship product is a bench-top printer with 3 print heads.
Accessories include HD Camera and UV Light cure modules.
The base model sells for $5,000, and a range of bioinks that sell for $99 - $1,290 (average cost is $600)
Holograph X
Holograph X employs high-resolution holographic stereolithography to bioprint extremely small structures.
The proprietary multiphoton laser system prints biocompatible materials with up to 150,000 points of light per second to produce a user-generated structure, such as human capillaries and ultra-fine extracellular matrices.
CELLSIGHT X
A live-cell imaging system
Compact Design to fit inside conventional incubators
Six slots for well plates and tissue flasks
Track cell morphology moment-by-moment; 3 fluorescence channels (red, blue, green) to distinguish different cell structures, 5 megapixel camera.
MARKETING INITIATIVES
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Cellink Partnership Conference
New Orleans
December 10, 2020
Cellink BioX
Enclosed 3 Print Head System with HEPA filter & UV Light sterilisation. Interchangeable print heads, photocuring & HD camera options
Cellink CellcyteX
Live cell imaging system with space for 6 micro titre plates.
Small enough to fit inside an incubator
Bioverse.co User Community
Bioverse is a global 3D bioprinting community with Open Source CAD-models of human organs and tissue models, developed and maintained by Cellink AB
SALES STRUCTURE
Direct Offices:
Gothenburg, Sweden
Boston, MA; small office based in biocluster, Kendall Square
Kyoto; Small office located in Kyoto University's innovation hub.
Freiburg, Germany; Dispendix & Cytena offices.
International Distributors:
Canada: Spectra Research Corporation
USA:
FINANCIALS
Fundamentals
Financial Year 2018/2019
The company's Q3 2018/2019 results for the period to May 31 2019 show a 135% increase in revenue to SEK 39.7m (CHF $4.0m).
REVENUE * FY2017/2019 Revenue (9 months): SEK 39.7m (US$ 4.1m) * FY2018/2019 Revenue (12 months): SEK 45.3 (US$ 4.7m)
EBITDA * FY2017/2019 Profit (9 months): SEK 1.9m (US$ 190k ) * FY2018/2019 Profit (12 months): SEK 372k (US$ 39k )
NO. EMPLOYEES: * September 2018: 24 * September 2019: 74 * May 2019: 119
COMPANY BACKGROUND
Cellink is showing considerable public relations activity ahead of its planned IPO, scheduled for late 2019 ore early 2020. The articles below give an insight into the company, its founder and its strategy for growth.
Cellink, The Future of Medical Research
Erik Gatenholm, Co-Founder & CEO, CELLINK Published on November 16, 2016
DOWNLOAD AREA
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