Richard Thurman
Covington, IN (USA)
Role(s):
VP/SVP/Dept Head
Analytic Biotech Systems
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Startup
Location:
Dallas
Industry:
Other
Year Founded:
2019
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
"C" Corporation
Description:
Analytic Biotech Systems provides a specialized rapid microbial testing technology platform to three market segments, including cannabis, oil and gas (sulphur reducing bacteria (SRB) testing), and maritime. First sales are beginning in oil and gas where there is a compelling and distinct advantage over current methods. Cannabis testing validation is beginning in the next few weeks. The company has no debt, very small share structure (under 10mil) and is operating on extremely low fixed costs. It is anticipated that an investment of $400-500k would be sufficient to sustain operations going forward.