In 2023, three individuals came together to help Life Science industry stakeholders better utilize available resources. The founding team consists of Life Science industry participants; a hedge fund analyst focusing on Life Sciences, a software developer with previous startup experience, and a molecular biologist with experience in both research and the commercial side of the life science industry. Their shared observation was that manufacturers often struggle to sell all their inventory due to forecasting challenges, resulting in significant waste each quarter. Despite manufacturer's efforts, no effective channel existed to connect these products with appropriate end users to prevent waste.
Recognizing this industry-wide challenge, they created WasteLess Bio, a marketplace for products with short expiry dates, excess inventory from biotechs, and even liquidated stock from life science companies. WasteLess Bio provides visibility and a convenient channel for these products, offering them at a fraction of the market price to ensure their use, not waste. Join us in thinking WasteLess, not waste!