bioLytical has once again been named one of the fastest growing companies in British Columbia according to research by Business in Vancouver. Their Fastest Growing Companies list, which is announced every September, ranks B.C. companies by revenue growth over the past five years.
We earned #35 on the rankings for 2020, after achieving a record-breaking 2019. A rapidly expanding company, we have appeared on the list every year since 2017.
As the world looks for innovative and efficient solutions to end epidemics like HIV, Syphilis and now COVID-19, the one-minute INSTI® testing platform is increasingly in demand. Since 2015, we have also achieved significant regulatory approvals including CE Mark and WHO Prequalification for our home HIV Test, the INSTI® HIV Self Test.
The B.I.V list shows that Vancouver continues to be a hub for competitive, inventive companies across multiple industries including Life Sciences. We’re proud that despite the significant challenges of COVID-19 we’ve been able to keep innovating and employing skilled local people in a range of roles.
After opening a brand-new manufacturing facility earlier this year, we are continuing to expand our footprint in British Columbia, and our reach around the world. In fact, INSTI® tests are making testing faster and more convenient in more than 60 countries. With the INSTI® HIV Self Test launching soon in Canada, and the 1-minute COVID-19 test poised to make a huge impact on rapid antibody testing worldwide, we’re excited to continue this trend of extraordinary growth in 2020 and beyond.