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ALTER CHEM focuses on biomedical research and biotechnology. Current operations include the manufacturing and distribution of high quality life science products for universities, research institutes, hospitals and the industrial sector. Main goal of ALTER CHEM is to fulfil present and emerging needs of the customer in this field. The corporate mission is achieved by the high technical knowledge and expertise of the Company's partners and collaborators.

The Company produces and distributes a series of ready-to-use reagents for biochemistry, molecular biology, and immunology, along with various customised products, under strict quality control. In 2001, Phoenix Laboratories was established as part of ALTER CHEM, offering a number of well-documented primary antibodies and related products for neuroscience research. In parallel, a number of new products for the life sciences are currently under development.

ALTER CHEM has also been classified as a "High Tech Company" by the Hellenic State.