Danaher Corp - Company Profile
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Business Description
Danaher Corp (Danaher) designs, develops manufactures and distributes diagnostic solutions, and life science research tools, and provides products and services to advance life-saving scientific research for the protection of global food and water supplies. The company operates through three reportable segments: Biotechnology, Life Sciences and Diagnostics. Danaher markets and sells its products across the world through direct sales personnel, independent distributors, retailers, and original equipment manufacturers.
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R&D Overview
Danaher focuses on developing new products, enhancing the functionality, effectiveness, ease of use and reliability of its existing products and expanding the applications for which its products are appropriate. It works in alliance with universities, research and clinicians. In FY2023, it incurred R&D expense of US$1,503 million, which as a percentage of revenue stood at 6.3%. The company conducts R&D primarily in North America, Europe, and Asia.
Business Segments
Overview
Provides the bioprocessing, discovery, and medical businesses, as well as a wide range of tools, consumables, and services that customers primarily use to advance and accelerate the research, development, manufacture, and delivery of biological medicines. The Biotechnology segment consists of majorly Bioprocessing, and Discovery and Medical businesses. Bioprocessing provides technologies, consumables, services, and solutions to advance, accelerate, and integrate therapeutic drug development and manufacturing. Discovery and Medical business provides solutions to accelerate biotherapeutic research and development by ensuring sterility and safety in medical liquids and gases, as well as high quality sample preparation and reliable diagnostic assays.
Performance
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Overview
Offers analytical instruments, research tools, reagents, consumables, software and services to hospitals and laboratories. Major products include chemistry systems, immunoassay systems, hematology and flow cytometry products, microbiology systems, and systems and workflow solutions. The segment is classified further into clinical laboratory, critical care and anatomical pathology diagnostics businesses. Major brands include Aperio, Beckman Coulter, Hemocue, Iris, Leica Biosystems, Mammatome and Radiometer. Envisages considerable investments to expand and enhance its Diagnostics portfolio.
Performance
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Overview
Provides research tools for scientists. Markets its products under brands such as Beckman Coulter, Leica Microsystems, Pall, Phenomenex, and Sciex. It consists of Microscopy, Mass Spectrometry, Genomic Consumables, Filtration and Flow Cytometry, Genomics, Lab Automation, Centrifugation, Particle Counting and Characterization businesses. Microscopy business offers professional microscopes to manipulate, preserve and capture images of and enhance the user’s visualization and analysis of microscopic structures. Its products include laser scanning (confocal) microscopes; compound microscopes and related equipment; surgical and other stereo microscopes; and specimen preparation products for electron microscopy. Mass Spectrometry business provides high-end mass spectrometers and related consumable chromatography columns and sample preparation extraction products. It offers workflow instruments and consumables enabling researchers to analyze genomic, protein and cellular information. It also offers bioanalytical measurement systems including microplate readers, automated cellular screening products and associated reagents, and imaging software. Danaher offers Filtration through Pall Corp, which provides products to remove solid, liquid and gaseous contaminants from a variety of liquids and gases, consisting primarily of filtration consumables. Pall’s life sciences technologies facilitate drug discovery, development, regulatory validation, and production.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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