In this episode of The Healthy Enterprise as we dive into the world of sustainable innovation with Yuliana Mihaylova, a biotech executive and co-founder of OliveBio. Discover how Yuliana's journey from a PhD in genetics to an entrepreneur is paving the way for eco-friendly alternatives to petrochemical plastics. Learn about the challenges and triumphs of creating scalable bioplastics and the role of AI in revolutionizing production processes.

Chapters:
00:14 Introduction to OliveBio and Yuliana's Background
02:01 The Motivation Behind OliveBio: Tackling Plastic Pollution
06:15 Understanding PHAs: A Sustainable Bioplastic Solution
11:59 OliveBio's Innovative Production Process for PHAs
15:57 Applications and Future of Bioplastics
18:21 Yuliana's Entrepreneurial Journey and Challenges
22:36 Leveraging AI and Automation in Biotech
33:13 Marketing and Growth Strategy for OliveBio
36:49 Vision for OliveBio's Future Impact
39:43 Key Learnings and Advice for Aspiring Innovators

Guest Information:

• Guest's Name: Yuliana Mihaylova
• Guest's Title/Position: CEO & Co-Founder
• Guest's Linkedin: https://www.linkedin.com/in/yulianamihaylova/
• Company / Affiliation: OliveBio https://olivebio.com/
• Guest's Bio: Yuliana Mihaylova is a seasoned biotech executive and the team’s mission enforcer. After completing her Genetics PhD and post-doctoral research at the universities of Nottingham and Oxford, respectively, she worked in biotech and pharma management consulting, where she helped companies develop their asset commercialization and market access strategies. From 2019 to 2024, Yuliana was part of the executive team at Basepaws, a pet genetics company, acquired by the animal pharma startup Zoetis in 2022. As Basepaws’ Head of R&D, she led the development and refinement of new technologies and scientific products and was a key stakeholder in the translation of scientific discovery into business strategy.
  Yuliana believes strongly in the power of cross-disciplinary collaboration and innovative thinking to solve the world’s most pressing environmental challenges.

Takeaways:

• OliveBio, co-founded by Yuliana Mihaylova, is developing scalable, affordable bioplastics to combat plastic pollution
• Focuses on PHAs, biodegradable polymers from renewable sources that leave no microplastics
• Uses enzyme-based production instead of bacterial fermentation for better precision and lower costs
• PHAs have broad applications: packaging, single-use items, agriculture, 3D printing, and medical uses like sutures
• Yuliana’s entrepreneurial journey includes adapting quickly, embracing failure, and bootstrapping with limited resources
• AI is integrated into OliveBio’s production systems and daily operations to enhance efficiency and accuracy
• Marketing strategy targets B2B2C—engaging businesses and influencing consumer demand
• Long-term vision is to build a sustainable, impactful company rather than seeking early acquisition