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PBS Biotech
PBS Biotech is produces the easiest to use and most technologically-advanced bioreactors for the pharmaceutical industry
About PBS Biotech
Established in 2006 by Dr. Brian Lee and Gregory Zeikus, PBS Biotech operates from Camarillo, California, as a key equipment and services provider in the cell therapy sector. Dr. Lee, who also serves as CEO, brings over 25 years of extensive experience in biopharmaceutical R&D, bioprocess scale-up, and manufacturing from his time at major pharmaceutical companies like Amgen and Merck. This deep industry background directly informs the company's strategic focus on addressing critical manufacturing challenges for cell-based therapeutics.
PBS Biotech's business model is centered on the design, manufacture, and sale of single-use bioreactor systems, supplemented by process development and technical support services. The company serves a global clientele of academic institutions, biotechnology firms, and pharmaceutical companies engaged in the research, development, and commercialization of cell therapies. Revenue is generated primarily through a business-to-business (B2B) model involving direct sales of its bioreactor equipment and associated disposable components, often through custom quotes and supply agreements tailored to client needs.
The company's core product line features its proprietary Vertical-Wheel® technology, a distinct agitation mechanism designed to create a gentle and homogeneous mixing environment. This approach is particularly suited for cultivating shear-sensitive cell types, such as induced pluripotent stem cells (iPSCs) and mesenchymal stem cells (MSCs), which are foundational to many next-generation regenerative medicines. The product portfolio offers a scalable path from early research to commercial production, with systems ranging from the PBS MINI for small-volume process development to the PBS 500 for clinical and commercial manufacturing applications. This scalability allows clients to streamline development and accelerate their time to market.
The company has successfully raised significant capital to fuel its growth, including a notable Series B funding round. These funds are allocated to expanding its product portfolio, enhancing process development services, and increasing manufacturing capacity to meet growing global demand. PBS Biotech is expanding its ISO 9001:2015 certified manufacturing facility to support over $100 million in annual revenue, signaling its readiness for its clients' scale-up to commercialization.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2006
- Headquarters
- Camarillo, United States
- Employees
- 103
- Open positions
- 3
- Dealroom signal
- 65.4/100
- Industry
- Health
- Sub-industry
- Pharmaceutical
- Sector
- Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
- Business model
- Manufacturing
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Jan 2025 | $17M | $110M | Avego · BroadOak Capital Partners | ↗ |
| LATE VC✓Equity / VC | Jan 2023 | $22M | $88M | BroadOak Capital Partners · Avego | ↗ |
Growth signals
Latest recorded traffic for PBS Biotech is 1.8K monthly website visits, down 60.9% over the last three months. PBS Biotech's team declined 3.7% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later2 investors entered at this stage
- BPBroadOak Capital Partners
Avego
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about PBS Biotech on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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