Blood bank

On contract manufacturing and fermentation, that revenue is up 20%, partially on new contract wins and partially on growing organically within the already existing business that we have there.

We signed earlier on in the year in March an agreement with the Blood Centers of America, which is really helping us and supporting us to deliver the Diaspect and opening up the US Blood Bank opportunity for us.

And again, our investment now is really focused on growing the capacity that we have and developing the priority markets for our strategy.

So I go in a little bit deeper in terms of the revenue by division.

I mentioned before that we fully exited the Al-Qaeda site as of the 30th of June, which is a clean simplification of our operating upgrade moving forward.

Coming back to our five-year strategy, everything we do ties back to the three pillars that we have well established, the becoming number one point-of-care hemoglobin business, becoming number one in ketone testing both for laboratory, which we already are, and then also point-of-care, adding that in, built on our existing BHB product, and then transforming our life sciences division into a truly Standard CDMO.

For 2026, that means we've been very much focused on delivering our BCA contracts in the US blood bank market.

We're getting much better visibility there.

1940s.

He developed large-scale blood plasma preservation and organized the first blood banks.

This is the one that saved a lot of soldiers.

Drew was a physician and surgeon.

He figured out how to separate plasma from whole blood, how to preserve it, and how to store it at scale.

Plasma is more stable than whole blood and doesn't require refrigeration to the same degree.

He set up blood banks in Britain during the Blitz and then in the United States.

His work underpins modern transfusion medicine.

[upbeat music] Welcome one and all to the Muda Manga book club podcast.

Today is episode 59, More Blood Than a Blood Bank.

My name is Louis, and if you could negate something, what would you negate? And if you don't know what I'm talking about, don't worry, I can ex- un-explain things if I try hard enough.

Hey, don't steal my job.

The family does what families have always done, they start calling.

Blood Bank 1, Blood Bank 2, a cousin who knows someone, a WhatsApp group with 400 members and no filter for blood type or distance.

Somewhere in that mess there are probably 9 compatible donors within 15 kilometers who are awake, willing, and eligible.

Nobody can find them, blood cannot be manufactured, it can only be donated, so the bottleneck is almost never supply, it is matching speed.

Chat opens only after acceptance, and no phone number is ever exposed, which is the single most common failure mode of the WhatsApp group approach this product replaces.

Meeting points are institutions, not addresses.

Coordination happens at the hospital or the blood bank.

The product never needs to route two strangers to each other's homes, so it never offers to.

I...

The blood bank has its share of visitors who are getting over it without forgetting.

Yeah.

I study the strong, gentle contours of her face.

Well, we'll let the doctor decide that.

All right, we'll let the doctor decide it.

Drive me around the block to the blood bank and let the doctor there decide if I'm okay.

And if I am, I'd like to donate a pint of blood.