European Institute of Science AB (European Institute) is an investment company, engaged in biotechnological and medical research, international networking, business management and economics, as well as prototype design and construction. The company has part ownership in LifeAssays AB, Chemel AB, AB Implementa Hebe and Genovis AB. Its product line includes Human IgG, Human haptoglobin, SIRE 101e Biosensor, Magnetic antibodies, enzymes, proteins and CoolHeater. The company is headquartered in Lund, Sweden.The company reported revenues of (Swedish Krona) SEK 0.31 million during the fiscal year ended December 2008, a decrease of 93.20% from 2007. The operating loss of the company was SEK 1.65 million during the fiscal year 2008, as against an operating income of SEK 2.63 million during 2007. The net loss of the company was SEK 2.77 million during the fiscal year 2008, as against a net profit of SEK 2.23 million during 2007.