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bioLytical Laboratories Named BC Export Award Finalist

By November 20, 2017No Comments

bioLytical Laboratories has been announced as a finalist of Business in Vancouver’s 2017 BC Export Awards in the Emerging Exporter category.

bioLytical is the developer and manufacturer of INSTI, an HIV test that provides results in 1 minute.  Headquartered in Richmond, bioLytical employs 60 people in BC in addition to a sales force in the US.

“We sell the innovative INSTI technology in nearly 60 countries globally,” said Livleen Veslemes, Chief Operating Officer and Chief Financial Officer. “Last year, 91% of our revenues came from HIV tests that were manufactured in BC and exported to other countries.  We have 80% market share in the UK and 90% market share in France.”