BIO-TECHNE ANNOUNCES RELEASE OF QUANTIST LUMINEX® DATA ANALYSIS SOFTWARE

Rhea-AI Summary

Bio-Techne Corporation (NASDAQ: TECH) announced the launch of its Quantist Luminex data analysis software, compatible with all Luminex xMAP instruments. This software enhances the efficiency and accuracy of multiplex assay data analysis, enabling researchers to assess long-term data consistency. The interface facilitates inter-assay comparisons and data export for analysis. With a focus on end-to-end solutions for multiplex workflows, this launch represents a strategic move to support research efforts. Bio-Techne reported approximately $1.1 billion in net sales for fiscal 2022.

Positive

• Launch of Quantist Luminex software enhances data analysis efficiency.
• Software allows inter-assay comparisons and optimized data exports.
• Strengthens Bio-Techne's strategy for end-to-end research solutions.

Negative

• None.

MINNEAPOLIS, Aug. 18, 2022 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today announced that R&D Systems®, a Bio-Techne brand, has released its new Quantist Luminex® data analysis software. Compatible with all available Luminex xMAP® instruments, Quantist software provides fast, reliable analysis of Luminex multiplex assay data, helping researchers extract valuable insights from complex data.

The new Quantist software provides researchers with an important tool for quickly analyzing dozens of analytes with improved accuracy and efficiency, including the ability to evaluate the long-term consistency of their Luminex assay data. The intuitive software interface allows users to easily make inter-assay comparisons, adjust standard curve parameters, and export optimized data for creating ready-to-graph Excel files. 

"The ability to accurately analyze complex scientific data and turn it into actionable insights is critical across all areas of research," said Will Geist, Bio-Techne's Protein Sciences Segment President. "Quantist helps meet this fundamental need, allowing researchers to uncover valuable insights that can accelerate discovery. It also provides an important component in our ongoing strategy of supporting customers with end-to-end solutions across their multiplex assay workflow."    

Luminex xMAP technology is a leading bead-based assay platform that allows for the simultaneous detection of multiple targets in a single sample. The quantification of multiple cytokines and other biomarkers in a sample provides critical information about biological processes and diseases. With Quantist software, R&D Systems Luminex users now have a comprehensive, end-to-end workflow solution for intelligent, high-performance multiplexing.

Taken together, R&D Systems® Discovery and High Performance assays comprise one of the largest, most flexible Luminex analyte menus available. Assays are available for human, mouse, porcine, non-human primate, and rat from samples including serum, plasma, and cell culture media. 

About Bio-Techne
Bio-Techne Corporation (NASDAQ: TECH) is a global life sciences company providing innovative tools and bioactive reagents for the research and clinical diagnostic communities. Bio-Techne products assist scientific investigations into biological processes and the nature and progress of specific diseases. They aid in drug discovery efforts and provide the means for accurate clinical tests and diagnoses. With thousands of products in its portfolio, Bio-Techne generated approximately $1.1 billion in net sales in fiscal 2022 and has approximately 3,000 employees worldwide. For more information on Bio-Techne and its brands, please visit http://www.bio-techne.com 

About Bio-Techne Corporation (NASDAQ: TECH)
Contact: David Clair, Vice President, Investor Relations
david.clair@bio-techne.com 
612-656-4416

 

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SOURCE Bio-Techne Corporation

FAQ

What is the new software released by Bio-Techne on August 18, 2022?

The new software is the Quantist Luminex data analysis software, designed for analyzing multiplex assay data.

How does the Quantist software benefit researchers using Luminex technology?

It provides fast and reliable analysis, improves accuracy, and allows for inter-assay comparisons.

What is the significance of Bio-Techne's $1.1 billion net sales reported for fiscal 2022?

It indicates strong financial performance, supporting their position in the life sciences market.

Is the Quantist software compatible with all Luminex xMAP instruments?

Yes, the Quantist software is compatible with all available Luminex xMAP instruments.

What does Bio-Techne aim to achieve with the Quantist software launch?

The launch aims to enhance research capabilities and provide complete workflow solutions in multiplex assays.