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This Israeli scientist’s startup is producing industrial red blood cells to save lives, encourages founders to be patient

Dr. Ari Gargir decided to leverage his knowledge of biotechnology to create universal red blood cells through Red C Biotech Ltd. It aims to reduce blood shortages around the globe.

TheFinanceStory by TheFinanceStory
Published date: 26th September, 2022
Last edited date: 24th June, 2023
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This Israeli scientist's startup is producing industrial red blood cells to save lives, encourages founders to be patient
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  • Meet Dr. Ari Gargir, CEO & Founder of Red C Biotech Ltd. – which is developing an industrial process for the production of red blood cells from stem cells.
  • He learned the value of blood when a blood transfusion helped him survive a fatal paragliding accident.
  • Despite nearly 120 million blood units being donated every year, there is a constant shortage.
  • The Biotechnology Market Size is expected to reach approx US$ 3,102.94 billion by 2030, according to a Growth Plus Report.

Back story: Foraying into the biotech industry

My journey into science started as a child in fact even before I got into school. I would gather fossils on walking trips and then go research them (yes, my friends laughed at me!).

It was a given that I am going to be a scientist.

Fast forward I did my university studies at Tel Aviv University, one of the largest research universities in Israel.

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