Bio-Rad Laboratories Inc - Company Profile
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Business Description
Bio-Rad Laboratories Inc (Bio-Rad) is a provider of life science research and clinical diagnostic products. The company offers products and services to universities and research institutions; other leading diagnostic manufacturers; hospitals, public health and commercial laboratories; and leading companies in the pharmaceutical, biotechnology, chemical and food industries.
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R&D Overview
Bio-Rad's R&D activities are aimed at the development of new products and the enhancement of existing ones. Its R&D team collaborates with scientific and medical professionals from pharma and bio-pharma companies, universities, hospitals, and medical schools in the development of new products and applications. Furthermore, it invests regularly in companies that are developing new technologies that either complement or expand its existing product portfolio. It has a dedicated workforce of 1,110 employees worldwide involved in its R&D activities. In FY2023, Bio-Rad spent US$247.4 million on its R&D, which accounted for 9.3% of the company’s total revenue. As of FY2023, it had over 2,300 US and international patents and numerous trademarks.
Business Segments
Overview
Offers test systems, test kits, informatics systems and specialized quality controls to hospital laboratories, reference and transfusion laboratories, and physician office laboratories. Major products include autoimmune, serology, BioPlex 2200 multiplex testing, diabetes testing, hemoglobinopathies, immunohematology, bacteriology, newborn screening, quality control, special chemistry, critical raw materials, remote monitoring and support, and access virology and antibodies.
Performance
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Overview
Develops and manufactures reagents, apparatus and laboratory instruments, and markets them to universities and medical schools, government agencies, pharmaceutical manufacturers, industrial research organizations, biotechnology researchers, food producers and food testing laboratories. Its products are used to separate, purify and identify biological materials including proteins, nucleic acids and bacteria. Its major products include genomics, antibodies, digital PCR, flow cytometry, transfection, electrophoresis and blotting, imaging systems and software, bio-plex multiplex immunoassay systems, microplate systems, cell imaging, cell counting, liquid handling and pipetting, chromatography, protein sample preparation, protein interaction analysis, sample quantitation, SELDI technology, and general laboratory equipment.
Performance
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Performance
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Geographical Segments
Performance
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Performance
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Target Markets
Canada and Latin America.
Performance
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Performance
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