1 Followers USX:TECH - Bio-Techne Corp Bio-Techne Corp
Sector: Health Care, Industry: Biotechnology
Next Earnings: 1 May 2024
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USD 69.42    +1.02 (+1.49%)

27 Mar 2024


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General

CEO: Mr. Charles R. Kummeth

IPO: 1989-02-09

Headquarters: US

Employees: 3,200

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Description

Based in Minnesota, Bio-Techne is a life sciences manufacturer supplying consumables and instruments for the pharma, biotech, academic, and diagnostic markets. The company reports in two segments, protein sciences (75% of revenue), and diagnostics and genomics (25%). The protein-focused segment makes equipment and associated consumables for protein characterization and analysis and sells antibodies for research and clinical purposes. In diagnostics, Bio-Techne provides controls and calibrators for diagnostic manufacturers and has a portfolio of diagnostic oncology assays. The United States accounts for about 55% of revenue, and the firm also has operations in EMEA (20% of sales), the U.K. (5%), and APAC (15%), with the rest of the world accounting for the remaining 5%.

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