Grenova founder and CEO Ali Safavi discusses innovative ways to decrease plastic waste in labs.

1. AACC 2018 Press Conference
Ali Safavi
Founder & CEO
www.grenovasolutions.com
1

2. © Grenova LLC
Acknowledging A Growing Problem

3. © GRENOVA LLC Confidential
Uses To Get
Every
Sample
Multiple Tips Test Results
Inside Every Laboratory
Clinical Labs Pharmaceutical Labs Genetic Labs Agriculture, Food, Animal Labs Academic Labs
MILLIONS OF SAMPLES DAILY

4. © Grenova LLC
WHAT A WASTE!
2010: Over 40 Million Pounds of Pipette Tips Annually Ends In the Landfill.
6x

5. © Grenova LLC
0
20,000,000
40,000,000
60,000,000
80,000,000
100,000,000
120,000,000
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Annual Pipette Tip in the Landfill (lbs)
Annual Tip Landfill (lbs)
Pipette Tips Plastic Waste– Steady Fast Growing
http://www.kctv5.com/story/37473947/pipette-tips-market-report-size-share-analysis-2017-and-forecast-to-2023
Steady annual growth rate: 7.87%
Pounds of Plastic
77,716,970 lbs. Plastic
2,775,737,530 Plastic Bottles

6. © Grenova LLC
Plastic Consumables: Large Operating Expense
• 60% of Laboratory annual budget allocated to consumables.
• 30% of the total consumables budget on pipette tips.
Laboratory Spending Trends, Nov 2011: http://www.labmanager.com/surveys/2011/11/laboratory-spending-trends
18%
42%
40%
Annual Laboratory Budget
Pipette tips Other Consumables Non Consumables

7. © Grenova LLC
Mission: To reduce laboratory consumables waste through Innovative Devices.
Wash/Reuse
Wash Recycle
Plastic

8. © Grenova LLC
Grenova Implementation Positive Direct Impact:
Average number of pipette tips reuse: 10x – 25x (90%-96% Reductions)
Average Financial Impacts: 3%-4% increase in net profit
Plastic Waste Impacts: 16% plastic waste reduction
Clinical Labs Pharmaceutical Labs Genetic Labs Agriculture, Food, Animal Labs Academic Labs

9. © Grenova LLC
62 Millions
$4.3 Millions Saved on Pipette Tip Cost
170 Thousands lbs. Reduced on Plastic Waste
Tips Washed in the Clinical
Diagnostics Production Labs
6 Million Plastic Bottles
Since 2015 - USA

10. © Grenova LLC
Grenova Pipette Tip Manufacturers Compatibility
Over 95% of the Automation Pipette Tips Over 90% of the Manual Pipette Tips
Compatible with most Automation and Manual pipette tips.

11. © Grenova LLC
Thank you