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Instruments for customers in biopharma and academia

Axion at a glance & key developments in 2025

Axion Biosystems (Axion) is a global life science tools business headquartered in the US that develops, produces, and markets BEA (Bioelectronic Assay) and live-cell imaging instruments for customers in biopharma and academia. Axion’s products enable scientists to understand cell function in real-time, enabling research and the development of new therapies across various pharmaceutical segments.

In 2025, Axion achieved significant bottom-line improvement alongside continued growth, driven by strong system sales and momentum in expanding its installed base. In addition, Axion acquired CytoTronics, adding a critical technology to the platform (note that the transaction closed in early 2026).

 

 

Year acquired
2021
Revenue
EUR 24m
Location
United States
Employees
114
Investment theme
Changing Demographics
SDG alignment

3, 9

What are the challenges Axion addresses

  • #1

    neurological conditions are the leading cause of ill health and disability worldwide and there are no treatments available to cure

  • 90%

    of drugs that pass through preclinical studies fail to meet the efficacy or safety margins required in subsequent trials

  • Who is impacted?

    Researchers in academia and biopharma and patients are impacted by Axion’s life science research tools. Scientists benefit from improved insights into cell function, while patients benefit indirectly through research and development activities informing future therapeutic innovation.

  • Contribution

    Axion contributes to Summa’s theory of change by enabling more effective preclinical research through bioelectronic assay and live-cell imaging instruments. Its tools support better biological understanding and data generation across drug discovery and development workflows.

  • Risks to impact

    Key risks to impact include limited adoption, inappropriate experimental use, or weak translation of research findings into clinical development, which may reduce the downstream relevance of insights generated using Axion’s technologies.

KPI reporting

Number of publications

Target 2027: 245

Change from '24-'25: +23%

2025
291
2024
237
2023
204

Tracks the number of scientific publications produced using Axion’s products, indicating adoption of its technologies in academic and biopharma research related to cell function and physiology.

Systems sold to Biopharma and CRO/CDMO companies

Change from '24-'25: +16%

2025
257
2024
222
2023
190

Tracks the number of systems sold to biopharma and CRO/CDMO companies, enabling organizations that develop new drugs and therapies to advance cutting-edge biotechnology research and production.

Number of experiments

Target 2027: 40k

Change from '24-'25: +1%

2025
18.2k
2024
18.1k
2023
15.8k

Tracks the total number of experiments conducted annually using Axion’s technology, measured by MEA and impedance plates purchased combined with Omni experiments run.