Bio-Techne Corp - Company Profile

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Bio-Techne Corp (Bio-Techne) manufactures, develops and markets biotechnology products and scientific tools to understand biological processes and drive research. The company’s product portfolio includes ELISA kits, ELISpot kits, enzymes, Luminex assays, proteins, GMP products and instruments. Its custom service offerings comprise antibody services, targeted protein degradation services, licensing, cell and gene therapy services, compound library services, ELISA services and gene engineering services. Bio-Techne conducts research in the areas of cancer, cardiovascular, cell and gene therapy, COVID-19, glycobiology, immunology, immuno-oncology, metabolism, neuroscience, pharmacology and stem cells. The company serves biotechnology research and clinical diagnostic markets. It operates in the UK, the US and China. Bio-Techne is headquartered in Minneapolis, Minnesota, the US.

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Headquarters United States of America

Address 614 Mckinley Pl N E, Minneapolis, Minnesota, 55413


Telephone 1 612 3798854

No of Employees 3,050

Industry Medical Equipment

Ticker Symbol & Exchange TECH (NASD)

Revenue (2022) $1.1B 2.8% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 4.9% (2022 vs 2021)

Market Cap* $10.5B

Net Profit Margin (2022) XYZ 2.0% (2022 vs 2021)

* As of and is in US$
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Bio-Techne Corp premium industry data and analytics

30+

Medical Pipeline Products

A database of medical devices that are in the process to get approved for sale around the world. Devices that are in development, through to those in the approval process are included.

30+

Medical Clinical Trials

A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Bio-Techne Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Reagents and Kits: Custom R&D Systems
Antibodies Custom Antibody Services Novus Biologicals
Cell Culture Reagents Custom Cell and Gene Therapy Services Tocris
XYZ XYZ XYZ
XYZ XYZ XYZ
XYZ XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In March, Lunaphore entered into a collaboration with Nikon Instruments to broaden the reach of spatial biology services using the COMET platform for customers in the biotech, pharmaceutical, and academic sectors based in the US.
2023 New Products/Services In September, the company launched Maurice Chromeleon driver kit.
2023 Acquisitions/Mergers/Takeovers In July, the company completed the acquisition of Lunaphore Technologies SA, a developer of fully automated spatial biology products.
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Competitor Comparison

Key Parameters Bio-Techne Corp Thermo Fisher Scientific Inc GE HealthCare Technologies Inc Agilent Technologies Inc Waters Corp
Headquarters United States of America United States of America United States of America United States of America United States of America
City Minneapolis Waltham Chicago Santa Clara Milford
State/Province Minnesota Massachusetts Illinois California Massachusetts
No. of Employees 3,050 122,000 51,000 17,700 7,900
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Robert V. Baumgartner Chairman Executive Board 2012 -
Kim Kelderman Chief Executive Officer; President Senior Management 2024 -
James Hippel Executive Vice President; Chief Financial Officer Senior Management 2014 51
Steve Crouse Vice President - Analytical Solutions Division Senior Management 2021 -
Evett Kruka Vice President - Spatial Biology Division Senior Management 2022 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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