Avidin Ltd. was established in 2002. Avidin has started its drug discovery programme in 2007 in the field of cancer and infectious diseases. The company in-licensed an anti-cancer compound family interfering lipid vesicle formation and trafficking, a novel way to combat this disease. The company is developing novel approaches for high throughput gene expression analysis and screening technologies for drug discovery. Avidin has started focusing on chemical library synthesis in 2007 for patentable bioactive compounds. Avidin is the local distributor of several products related to different molecular biological methods: BioTrove (Woburn, MA, USA), Bioneer (Daeleon, Korea).