Business news from Ukraine

Business news from Ukraine

Maxim Krippa’s ARS Capital Acquires 100% of Age Management System

ARS Capital, the holding company of businessman Maxim Krippa, has acquired 100% of Age Management System, which works on projects in the health tech and biotech sectors, the company’s press office told the Interfax-Ukraine news agency.

“This is a long-term investment in the technology and medical ecosystem that will help people maintain their quality of life, mental health, energy, and productivity for longer. We want modern preventive medicine technologies to gradually become accessible to every Ukrainian,” commented Maxim Krippa, CEO of ARS Capital.

Age Management System, founded by Yevhen Shagov, a physician and candidate of medical sciences, specializes in preventive medicine, personalized health management, and age management, and is developing as an ecosystem that integrates clinical, educational, and technological areas. Its flagship product, AM System, provides long-term medical support: comprehensive diagnostics, consultations with specialized experts, management of metabolic and hormonal indicators, personalized health support programs, IV therapy, and biotechnological and hardware solutions.

The investment in Age Management System is a continuation of ARS Capital’s strategy to expand its portfolio in the fields of biotechnology and nanotechnology. Full control over the business allows the holding company to formulate a long-term development strategy for the company and scale its ecosystem.
ARS Capital identifies fostering a culture of preventive medicine as one of its promising areas of focus—a culture in which health care begins long before the onset of disease and becomes part of one’s lifestyle. Mental health support and assistance for individuals who have survived the traumatic experience of war will also be an important component of Age Management

System. In particular, the company is considering the development of programs aimed at providing professional assistance and rehabilitation for people with PTSD.
The holding company also plans to strengthen the Age Management System’s technological infrastructure and implement modern hardware solutions.

AM System was founded as one of Ukraine’s first specialized clinics in the field of age management. When creating the project, the team drew on international experience in preventive medicine, particularly practices in Japan, Europe, and the United States.

According to YouControl data, the authorized capital of JSC “ZNVKIF ‘Age Management Ecosystems’” amounts to 107.5 million UAH; On March 12, Krippa bought out Marina Shagova’s stake after she exited the fund; Maxim Krippa and Yevgen Shagov previously held equal 50% stakes in the fund. Now, the ARS Capital holding company has consolidated 100% of the business, and Yevgen Shagov serves as the company’s CEO.

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“Biopharma” invests approximately $2 mln in educational projects each year

The biopharmaceutical company “Biopharma” invests about $2 million annually in education; plans for this year include opening biology schools in Uzhhorod and Lviv, company president Kostyantyn Yefimenko told the “Interfax-Ukraine” news agency.

“We invest about $2 million in education every year. We have already built two biology schools in Kyiv and Bila Tserkva. After school, the children come to us for extracurricular classes. Ten hours a week: three hours of math, three hours of chemistry, and four hours of biology. It’s free for the children, but they’re taught by top-notch instructors,” said Yefimenko.

He noted, however, that the goal of this project is not to train a large number of employees specifically for the company.

“We don’t need a very large number of people at Biopharma; our revenue per employee is over one million dollars. We need talented people, but not a large number of them. I’m doing this as a charitable project; I want to build 25 such schools in Ukraine. I want these people to start creating their own companies in the biotech sector. This is impossible to achieve with the current level of school and university education. It requires people with highly specialized training. And I hope that we will be able to train such people; they will come to us so that we can help them or invest in them, and create these companies together with them. My goal is to create the conditions for such an ecosystem,” Yefimenko noted.

He announced that the immediate plans include opening two more biology schools, in Uzhhorod and Lviv, which will begin operations this fall.

“Biofarma” is a Ukrainian biotechnology company engaged in plasma collection and specializing in the production of plasma for the manufacture of blood products.

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CLUSTER AT PRESIDENTIAL UNIVERSITY IN UKRAINE TO BE DEDICATED TO BIOTECHNOLOGY

A separate cluster dedicated to the study of biotechnology, in particular, countering biological threats, will be created at the Presidential University of Information and Cybersecurity, Minister of Health of Ukraine Viktor Liashko said.
“A separate cluster at the President’s University will be devoted to biotechnology: biological threats, chronic non-infectious diseases, aging of the population, many pathogens that cause diseases in humans and animals. These are all the threats for which we must prepare,” he said at the All-Ukrainian Forum entitled “Ukraine 30. Education and Science” on Monday.
According to him, this cluster will include: School of Biotechnology, Center for Clinical Research, National Health Research Center, Higher School of Medicine, BSL-3 laboratory, School of Public Health, and Center for Safe Professional Development.
As reported, President of Ukraine Volodymyr Zelensky signed a decree on the creation of a presidential University, which will study information and cyber security, artificial intelligence, nanotechnology, aerospace, energy and biotechnology.
The decree has not been made public yet.

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BIOPHARMA WANTS TO BUILD FRACTIONATION PLANTS IN LATIN AMERICA AND AFRICA

Biopharma pharmaceutical company is mulling the possibility of building fractionation plants in Latin America and Africa, co-owner of the company Kostiantyn Yefymenko has said.
“Our next project will be the construction of a blood fractionation plant on other continents. We are now considering Latin America and Africa,” he said during a discussion at the Kyiv International Economic Forum.
Yefymenko noted that currently Biopharma chooses “between Egypt and Nigeria.”
“We associate this with the political situation in both countries. Our next investment will be the expansion of the business of blood plasma fractionation and the construction of plasma centers in these countries,” he said.
Biopharma is a Ukrainian biotechnology company, the only plant in Eastern Europe that has modern technologies, and has been producing and developing medicines from donated plasma for almost 50 years.
The company is focused on providing Ukraine with medicines and supplies its products to more than 30 countries of the world on a contractual basis. In the autumn of 2019, Biopharma moved its production to a new scientific and production complex in Bila Tserkva.
The company is developing a network of its own plasma centers. Now they work in Sumy, Shostka, Konotop, Cherkasy, Dnipro and Kharkiv.

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