Insights

Expansion Opportunity Icosagen is actively expanding its biologics manufacturing capabilities in Estonia with a recent $53 million facility expansion that integrates discovery, development, and GMP manufacturing at one site. This presents a cross-sell opportunity for end-to-end CRO/CDMO services, including process development, cGMP manufacturing for clinical trials, and potential scale-up collaborations.

CAR-T Capabilities Recent partnerships to advance Estonia's CAR-T capabilities and ongoing collaboration with Tartu University Hospital and North Estonia Medical Centre highlight Icosagen’s strength in cell therapy development and therapy-grade CAR-T manufacturing. This creates a sales angle for broader cell therapy support, including preclinical studies, process development, and clinical manufacturing services.

Acquisition Synergy Acquisition of Carterra’s LSA instrument positions Icosagen to enhance antibody discovery and screening capabilities, enabling faster lead identification and high-throughput profiling. This can be leveraged to propose integrated discovery-to-development packages for therapeutic antibodies, multispecifics, and ADCs.

Public Recognition Awards for Best Business and Innovator of the Year, along with ongoing national-level recognition, reinforce credibility and market differentiation. Use these credentials in outreach to establish trust with potential biotech partners seeking reliable European CDMO collaborations with a proven track record.

Funding Momentum Significant funding and investments from institutions like the European Investment Bank support a scalable, modern facility footprint and expanded capabilities. This signals financial stability and growth, enabling conversations about long-term partnerships, capacity commitments, and co-development financing options.

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Icosagen Tech Stack

Icosagen uses 8 technology products and services including Google AdSense, Microsoft Advertising, WordPress, and more. Explore Icosagen's tech stack below.

Media & News

Icosagen's Email Address Formats

Icosagen uses at least 1 email format:
Icosagen Email FormatsExamplePercentage
First.Last@icosagen.comJohn.Doe@icosagen.com
100%

Frequently Asked Questions

What is Icosagen's official website and social media links?

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Icosagen's official website is icosagen.com and has social profiles on LinkedIn.

How much revenue does Icosagen generate?

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As of October 2026, Icosagen's annual revenue is estimated to be $1M - $10M.

What is Icosagen's SIC code and NAICS code?

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Icosagen's SIC code is 8731 - Commercial Physical and Biological Research and NAICS code is 3254 - Pharmaceutical and Medicine Manufacturing.

How many employees does Icosagen have currently?

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As of October 2026, Icosagen has approximately 152 employees across 2 continents, including Europe and North America. Key team members include Ceo: M. U., Cfo: L. M. and Cfo: L. T. Explore Icosagen's employee directory with LeadIQ.

What industry does Icosagen belong to?

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Icosagen operates in the Pharmaceutical Manufacturing industry.

What technology does Icosagen use?

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Icosagen's tech stack includes Google AdSense, Microsoft Advertising, WordPress, Shopify, WooCommerce, Stripe, Microsoft Azure and DigitalOcean Web Hosting.

What is Icosagen's email format?

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Icosagen's email format typically follows the pattern of First.Last@icosagen.com. Find more Icosagen email formats with LeadIQ.

How much funding has Icosagen raised to date?

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As of October 2026, Icosagen has raised $21M in funding. The last funding round occurred on Feb 08, 2023.

When was Icosagen founded?

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Icosagen was founded in 1999.
Icosagen logo

Icosagen

Pharmaceutical ManufacturingTartu Maakond, Estonia51-200 Employees

Icosagen is a European contract development and manufacturing organization in the pharmaceutical field, operating as an independent, family-owned company for more than 26 years. It combines preclinical CRO and clinical CDMO capabilities at a single site to support the development of therapeutic antibodies, multispecifics, antibody-drug conjugates, and other complex recombinant protein candidates. The firm handles discovery and early development, progressing from research concepts to preclinical and clinical development, and it can produce materials for clinical GMP at its modern 200/1000 L facility. 

Based in the Tartu region of Estonia, it serves biopharmaceutical developers seeking end-to-end protein development and manufacturing at one site. In 2023, Icosagen acquired the Carterra LSA Instrument, expanding its capability to screen antibodies during discovery and development.

Section iconCompany Overview

SIC Code
8731 - Commercial Physical and Biological Research
NAICS Code
3254 - Pharmaceutical and Medicine Manufacturing
Founded
1999
Employees
51-200

Section iconFunding & Financials

  • $21M

    Icosagen has raised a total of $21M of funding over 3 rounds. Their latest funding round was raised on Feb 08, 2023 as a Debt Financing.

  • $1M - $10M

    Icosagen's revenue is estimated to be in the range of $1M - $10M

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