Welcome to our dedicated page for Danaher Corporation news (Ticker: DHR), a resource for investors and traders seeking the latest updates and insights on Danaher Corporation stock.
Danaher Corporation (NYSE: DHR) is a globally diversified conglomerate based in Washington, D.C., focusing primarily on life sciences and diagnostics. Founded in 1984 by Stephen and Mitchell Rales, the company has transitioned from a real estate organization into a leading player in the medical, industrial, and commercial products sectors.
Danaher designs, manufactures, and markets a variety of innovative products, particularly scientific instruments and consumables. The company has recently revamped its portfolio by divesting its environmental and applied solutions group, Veralto, in late 2023. This strategic move has allowed Danaher to concentrate its efforts on advancing health through science and technology.
Among Danaher's notable achievements is the acquisition of Abcam plc, which enhances its capabilities in proteomics—an expanding field within life sciences. The company is also known for its contribution to gene-editing therapies through a collaboration with the Innovative Genomics Institute (IGI), aiming to develop CRISPR-based treatments for various diseases.
Danaher's portfolio includes well-known subsidiaries like Beckman Coulter Life Sciences, Integrated DNA Technologies, and Aldevron. These subsidiaries focus on delivering innovative solutions in diagnostics, genomics, and biomanufacturing. For instance, Beckman Coulter's recent partnership with Curiox Biosystems aims to provide automated sample preparation for flow cytometry, enhancing research efficiency.
Financially, Danaher reported better-than-expected revenue in the fourth quarter of 2023, bolstered by strong performance in its life sciences and diagnostics segments. The company's strategic divestitures and acquisitions have positioned it for long-term growth and increased shareholder value.
Danaher’s ongoing projects include a collaboration with Cincinnati Children's Hospital to improve liver organoid technology for drug toxicity screening. This initiative is part of the Danaher Beacons program, which funds pioneering academic research to develop next-generation medical technologies. Another significant collaboration is with Johns Hopkins University, focusing on diagnosing mild traumatic brain injuries (TBI) using advanced biomarker panels.
Overall, Danaher's commitment to scientific excellence, innovation, and continuous improvement makes it a crucial player in advancing healthcare globally. With over 63,000 associates worldwide, Danaher is dedicated to improving quality of life and laying the groundwork for a healthier, more sustainable future.
Danaher (NYSE: DHR) has appointed Charles Lamanna to its Board of Directors and the Board's Science & Technology Committee. Lamanna currently serves as Corporate Vice President, Business & Industry Copilot at Microsoft, where he leads product innovation in AI-powered business applications, low-code platforms, and autonomous agents.
Lamanna oversees design, product development, and engineering of Microsoft's key technologies, including Power Platform, Dynamics 365, and Copilot Studio. He previously founded MetricsHub, a public cloud management solution acquired by Microsoft in 2013. The Notre Dame computer science graduate brings significant AI and technology expertise to Danaher's board as the company aims to leverage artificial intelligence to improve human health and deliver long-term stakeholder value.
Danaher (NYSE: DHR) has announced an increase in its regular quarterly cash dividend. The Board of Directors approved a dividend of $0.32 per share of common stock, representing an 18.5% increase from the previous payment of $0.27. The dividend will be payable on April 25, 2025 to shareholders of record as of March 28, 2025.
TriLink BioTechnologies, a Maravai LifeSciences (NASDAQ: MRVI) company, has entered into a non-exclusive License and Supply Agreement with Aldevron for CleanCap® mRNA capping technology. The agreement allows Aldevron to use TriLink's patented CleanCap® analogs in mRNA development and manufacturing services through Phase III programs.
The agreement covers CleanCap® M6, CleanCap® AG 3'OMe, CleanCap® AG, and CleanCap® AU cap analogs. The CleanCap® technology delivers optimal 5'Cap structures with over 95% efficiency, improving mRNA yield and process time compared to traditional methods. The technology has been used in over 350 preclinical and clinical programs and is featured in most approved COVID-19 mRNA and saRNA vaccines.
Notably, the recently introduced CleanCap® M6 (May 2023) has demonstrated increased mRNA expression by more than 30% compared to enzymatic capping methods.
Danaher (NYSE: DHR) reported its Q4 and full-year 2024 results, showing mixed performance. In Q4 2024, revenues increased 2.0% year-over-year to $6.5 billion, with non-GAAP core revenue up 1.0%. Q4 net earnings reached $1.1 billion, or $1.49 per diluted share, with non-GAAP adjusted EPS of $2.14.
For full-year 2024, the company reported flat revenues at $23.9 billion, while non-GAAP core revenue decreased 1.5%. Net earnings were $3.9 billion, or $5.29 per diluted share, with non-GAAP adjusted EPS of $7.48. Operating cash flow was strong at $6.7 billion, with free cash flow of $5.3 billion.
Looking ahead to 2025, Danaher expects Q1 core revenue to decline low-single digits year-over-year, but projects full-year core revenue growth of approximately 3%.
Aldevron has launched Alchemy™, a revolutionary cell-free DNA technology for research grade applications. This innovative technology cuts linear DNA manufacturing time by over 50 percent while producing cleaner, safer DNA templates for mRNA synthesis.
The technology utilizes rolling circle amplification for DNA template production, eliminating the need for cells in DNA amplification. Key benefits include faster turnaround times, lower endotoxin levels, reduced host cell-derived impurities, and high-quality control specifications. The research grade version is currently available to support development and preclinical programs, with a cGMP offering planned for 2025 to support clinical applications.
Beckman Coulter Diagnostics has launched new Research Use Only (RUO) blood-based biomarker immunoassays for neurodegenerative disease research. The assays are designed to assess four key biomarkers: p-Tau217, GFAP, NfL, and APOE ε4, which are important in neurodegenerative diseases research and clinical trials.
The assays are available on the DxI 9000 Immunoassay Analyzer, featuring Lumi-Phos PRO substrate for high-sensitivity testing. GFAP, NfL, and APOE ε4 assays are also available on the Access 2 Immunoassay Analyzer. The APOE ε4 immunoassay offers over 99% concordance with PCR genotyping in just 20 minutes.
These automated, high-throughput platforms aim to improve workflow, precision, and reliability of biomarker testing for neurodegenerative diseases, potentially enabling broader multi-center research collaborations.
Danaher (NYSE: DHR) has announced that CEO Rainer M. Blair will discuss the company's Q4 2024 performance at the J.P. Morgan Healthcare Conference. The company expects Q4 2024 revenues to show a low-single digit percent increase year-over-year. The estimated non-GAAP core revenue for Q4 2024 is projected to be flat year-over-year, surpassing previous guidance which had anticipated a low-single digit percent decline. The company will hold its Q4 and full year 2024 earnings conference call on January 29, 2025.
Danaher (NYSE: DHR) has announced an investment partnership with Innovaccer Inc., a healthcare AI company, through its subsidiaries Danaher Diagnostics and Danaher Ventures. The partnership aims to enhance patient outcomes through digital and diagnostic solutions.
Innovaccer has developed software solutions that create unified patient records to identify care gaps and at-risk patients. The collaboration seeks to accelerate precision diagnostics adoption among clinicians and population health teams, supporting value-based care initiatives.
The partnership aligns with Danaher's mission to advance precision medicine through AI-enabled diagnostics, focusing on providing healthcare providers with data and analytics for faster clinical insights at the point of need.
Danaher (NYSE: DHR) has announced its participation in the upcoming J.P. Morgan Healthcare Conference in San Francisco. The company's President and CEO, Rainer M. Blair, will deliver a presentation on Tuesday, January 14, 2025 at 11:15 a.m. PT.
The presentation will be accessible to the public through a simultaneous webcast, which can be viewed on Danaher's website in the 'Investors' section under 'Events & Presentations' at www.danaher.com.
Danaher (NYSE: DHR) has announced its upcoming fourth quarter 2024 earnings conference call, scheduled for Wednesday, January 29, 2025, at 8:00 a.m. ET. The hour-long call will discuss financial performance and future expectations.
The presentation will be accessible through a webcast on Danaher's website's 'Investors' section under 'Events & Presentations.' Participants can join via phone by dialing 800-445-7795 (U.S.) or +1 785-424-1699 (international).
The earnings press release and presentation materials will be available on the company's website at 6:00 a.m. ET on the call date. A replay will be accessible until February 12, 2025, through both the website and dial-in options.
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