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BioLife Solutions Named One of Seattle Business Magazine

Key Takeaway: BioLife Solutions, Inc. has been recognized as one of Seattle Business magazine's Best Companies to Work for, marking the fourth time in nine years the company has achieved this honor. The recognition is based on both workplace policies and employee feedback, with the latter accounting for a significant portion of the evaluation. The company has seen considerable growth since 2013, increasing its workforce and expanding its reach beyond Washington state. This acknowledgment not only highlights BioLife's commitment to its employees but also its prominence within the biopharma sector.

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POSITIVE FACTORS

  • Recognized as one of Seattle Business magazine's Best Companies to Work for.
  • Company has made this list four times in nine years, showcasing stability and positive workplace culture.
  • Expanded workforce from 40 to nearly 500 employees, reflecting growth and success.
  • First-time inclusion of team members outside Washington state highlights broader employee satisfaction.

Full Press Release Details

Fourth Time Company Recognized in the Last Nine Years
BOTHELL, Wash., Jan. 10, 2023 /PRNewswire/ -- BioLife Solutions, Inc. (Nasdaq: BLFS) ("BioLife" or the "Company"), a leading developer and supplier of class-defining bioproduction products and services for the cell and gene therapy (CGT) and the broader biopharma markets, today announced that the Company was recently named as one of Seattle Business magazine's Washington's Best Companies to Work for.
This annual program was created by Seattle Business magazine and Best Companies Group to identify, recognize and honor the best employers in Washington, benefiting the area's economy, workforce and businesses.
Mike Rice, Chairman and CEO, commented, "Since 2013, BioLife has made this esteemed list four times now. Inclusion in the most recent 2022 list is particularly satisfying since for the first time, team members outside Washington state were invited to complete the feedback survey. Having acquired 6 companies since 2019, and with a total workforce that grew from about 40 in 2013 to nearly 500 today, making this list of most desired companies is a great tribute to our focus on our team members and our cultural values."
To be considered for participation, companies had to have a facility in Washington state, have at least 15 employees working in the eligible counties, and be in business a minimum of one year.
Companies from across Washington entered the two-part survey process to determine Washington's Companies to Work for. The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems and demographics. This part of the process was worth approximately 25% of the total evaluation.
The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies and the final rankings. Best Companies Group managed the overall registration and survey process in Washington, analyzed the data and determined the final rankings.
Companies will be recognized in the January/February issue of Seattle Business magazine.
For more information on the Washington's Best Companies to Work for program, visit www.SBMBestCompaniesWA.com.
About BioLife Solutions
BioLife Solutions is a leading supplier of class-defining bioproduction tools and services for the cell and gene therapy and broader biopharma markets. Our tools portfolio includes our proprietary CryoStor® and HypoThermosol® biopreservation media for shipping and storage, the ThawSTAR® family of automated, water-free thawing products, evo® cold chain management system, high capacity cryogenic storage freezers, Stirling Ultracold mechanical freezers, SciSafe biologic storage services, and Sexton Biotechnologies cell processing tools. For more information, please visit www.biolifesolutions.com, www.scisafe.com, www.stirlingultracold.com, or www.sextonbio.com and follow BioLife on Twitter.
Media & Investor Relations
Chief Financial Officer
LHA Investor Relations
SOURCE BioLife Solutions, Inc.

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Frequently Asked Questions

How many times has BioLife been recognized as a top company?

BioLife has been recognized as one of Washington's Best Companies to Work for four times since 2013.

What criteria were used to evaluate the companies?

The evaluation was based on workplace policies (25%) and an employee survey (75%).

How did BioLife's workforce change over the years?

Since 2013, BioLife's workforce expanded from about 40 employees to nearly 500.

Who manages the survey process for the awards?

Best Companies Group manages the registration, survey process, and final rankings.

Where can I find more information about the awards?

More information is available at www.SBMBestCompaniesWA.com.

Last updated: Jan 10, 2023