Tecan Group Ltd - Company Profile
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Business Description
Tecan Group Ltd (Tecan) focuses on laboratory instruments and solutions in the fields of biopharmaceuticals, forensics, and clinical diagnostics. It undertakes the development, manufacturing, and distribution of automation solutions for life science laboratories.
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R&D Overview
The company’s R&D activities focus on developing new and innovative products that find application in the broad areas of life sciences including genomics, drug discovery and cell biology. R&D activities also focus on liquid-handling consumables, immunoassays, lab automation solutions and kits. In FY2022, the company spent CHF77.9 million on its R&D activities, which as a percentage of revenue stood at 6.8%, and grew 8.3% YoY.
Business Segments
Overview
Supplies laboratory instruments and automated workflow solutions to biotechnology and pharmaceutical companies, government research institutions, universities, diagnostic laboratories, and scientists from various applied markets. -Offers products that include liquid handling platforms and diagnostics, detection devices and work flow solutions including software packages, laboratory instruments, consumables, application know-how, services and spare parts. -The company intends to expand its core business, strengthen its stand in instruments market and expand its recurring sales in life science research and in-vitro diagnostics by offering new products and solutions.
Performance
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Overview
Develops and manufactures OEM (Original Equipment Manufacturer) instruments and components. -Supplies important components such as valves, precision pumps, robotic arms, and development software, which find application in diagnostics, life science research, forensics and several other industries to laboratory instrument manufacturers. -Offers liquid handling for the instrument design in all applications within life science, analytical devices and clinical diagnostic and markets them under the brand name ‘Cavro’. -OEM components include Cavro pumps, Cavro robotics, Cavro software, Other Cavro components, and Cavro spares, accessories and consumables. - The company intends to expand its core business, strengthen its further stand in instruments market and expand its recurring sales in life science research and in-vitro diagnostics by launching new products and solutions.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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