The company was incorporated as a naamloze vennootschap on 29 July 2024 and is registered for research and development in biotechnology and for the manufacturing of organic chemical base products. Customers are nutraceutical, dietary supplement and cosmetics brands, and axabio adds formulation expertise and marketing support to the ingredient supply. The skincare brand NOMIGE is a named client; its founder Barbara Geusens has integrated axabio astaxanthin into skincare products. Jonas De Cooman sits on the board as director. The company employs 11.1 full-time equivalents, sits in the 11-50 employee bracket, and holds B Corp certification.