To support its recently announced growth strategy through 2030, SenzaGen has opened expanded office and laboratory facilities in Lund. This investment strengthens the company's ability to meet the growing market demand for non-animal testing, a clear global trend in the toxicology market, and is carried out within existing financing.
SenzaGen recently introduced a growth strategy extending through 2030, structured in three phases. The first phase focuses on break-even through continued growth combined with strict cost control. Next comes an accelerated growth phase driven by strategic initiatives expected to deliver significant revenue impact, followed by a scaling phase with expansion into new markets and the introduction of new testing methods. Expanding capacity is a key step in enabling this plan.
"Opening new facilities and an expanded lab in Lund is a strategic step that gives us the capacity needed to deliver on our growth plan through 2030. Globally, initiatives are underway to replace animal testing with technologies that better reflect human biology. This development creates a favorable market for SenzaGen, and we are well positioned to meet the growing demand for non-animal testing," says Peter Nählstedt, President and CEO of SenzaGen.
The expansion has been tailored to SenzaGen's needs completed within existing financing, using current premises. This approach ensures the project has limited impact on the company's capital and operating costs.
Demand for non-animal testing methods continues to grow as authorities worldwide push to phase out animal testing. Recently, the UK government announced a strategy with clear timelines to replace traditional tests with validated non-animal methods by 2026. Similar initiatives have been signaled by the FDA and NIH in the United States.
Contacts
Peter Nählstedt, President and CEO, SenzaGen AB
Email: peter.nahlstedt@senzagen.com | Tel: +46 46-275 62 00
Tina Dackemark Lawesson, VP Marketing & Communications
Email: tina.lawesson@senzagen.com | Tel: +46 46-275 62 00
About us
SenzaGen is a corporate group on its way to becoming a leading player in non-animal testing, driving the shift from animal experiments to methods that more accurately reflect human biology. Leveraging cutting-edge technology, the company offers high-performance non-animal test methods and expert advisory services. These methods are more effective, precise, and cost-efficient than traditional animal-based approaches and contribute to a substantial reduction in the number of laboratory animals used worldwide. SenzaGen's growth strategy focuses on strengthening its position in both established and new markets through direct sales, complementary partnerships, an expanded test portfolio, and recognized thought leadership. The company also maintains a long-term acquisition agenda to accelerate commercial potential. SenzaGen has its headquarters and GLP-certified laboratory in Lund, Sweden, along with subsidiaries in Italy and the USA. For more information, visit www.senzagen.com.
SenzaGen is listed on Nasdaq Stockholm First North (ticker: SENZA). FNCA Sweden AB is the company's Certified Adviser.