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Bio-Techne Corp - TECH STOCK NEWS

Welcome to our dedicated page for Bio-Techne news (Ticker: TECH), a resource for investors and traders seeking the latest updates and insights on Bio-Techne stock.

Overview

Bio-Techne Corporation (NASDAQ: TECH) is a globally recognized life sciences company offering innovative bioactive reagents, consumables, and instruments. Its extensive portfolio supports a broad spectrum of applications in clinical diagnostics, drug discovery, and biological research. Using advanced immunoassays, spatial biology tools, and protein analysis reagents, Bio-Techne equips scientists with the essential resources to investigate complex biological processes and disease mechanisms.

Core Business Areas

Bio-Techne organizes its operations into two primary segments:

  • Protein Sciences: This segment supplies specialized reagents such as antibodies, cytokines, and growth factors, along with analytical instruments, that serve as critical tools for protein analysis and cell biology. These products are employed in both basic and advanced research settings, reflecting a strong commitment to scientific precision and reproducibility.
  • Diagnostics and Spatial Biology: Focused on clinical diagnostic solutions, this segment offers molecular tests, diagnostic reagents, and spatial biology products. These tools facilitate reliable clinical assays, supporting translational research and precision medicine through enhanced imaging and biomarker analysis.

Global Reach and Market Position

Based in Minnesota, Bio-Techne has established a significant market presence globally. Its products are widely used in North America, Europe, the Middle East, Africa, the UK, and Asia-Pacific. This international footprint, combined with a deep and diverse product catalog, positions the company as a key contributor to high-quality scientific research and diagnostic testing worldwide.

Innovation and Strategic Collaborations

Innovation is at the core of Bio-Techne’s operations. The company invests heavily in research and development to integrate emerging technologies, such as AI-assisted protein design and automated spatial biology platforms, into its product lines. Strategic collaborations with academic institutions, industry partners, and regional distributors further enhance its capabilities and propel breakthrough innovations. These partnerships not only accelerate product development but also ensure that the tools provided are seamlessly integrated into existing research and clinical workflows.

Product Portfolio and Revenue Streams

Bio-Techne offers an extensive inventory of bioactive reagents and research tools. Its products cater to a wide array of scientific needs ranging from basic research to clinical diagnostics. By providing both Research Use Only (RUO) and Good Manufacturing Practice (GMP) grade products, the company meets the rigorous demands of biotechnology, pharmaceutical, and academic sectors. Its revenue is generated through direct sales, licensing agreements, and strategic distribution deals, all of which underscore the company’s role as a pivotal enabler of scientific exploration.

Competitive Landscape

In a crowded marketplace, Bio-Techne stands out by leveraging its robust product portfolio, cutting-edge technological integration, and a proven track record of intellectual property innovation. While competitors offer similar life sciences tools, Bio-Techne differentiates itself with high-quality, reliable products and ongoing legal protections that reinforce its investment in research and development.

Customer Focus and Operational Excellence

The company prioritizes customer success by delivering reproducible and high-performance research tools that enhance scientific discovery. It regularly engages with the scientific community through educational workshops, technical discussions, and industry events, ensuring its customers remain at the forefront of innovation. This commitment to operational excellence has solidified Bio-Techne’s reputation as a trusted partner in both research and clinical diagnostic communities.

Conclusion

Overall, Bio-Techne Corporation is a cornerstone in the life sciences industry. Through its dual focus on Protein Sciences and Diagnostics & Spatial Biology, the company provides essential tools and innovative solutions that empower researchers and clinicians alike. Its global reach, strategic collaborations, and continuous push for technological advancement highlight its pivotal role in advancing biomedical research and clinical diagnostics.

Rhea-AI Summary
Bio-Techne (TECH) wins prestigious awards for its R&D Systems and Advanced Cell Diagnostics brands. The company received the 'ELISA Kit Supplier of the Year' award for its R&D Systems brand and 'The Innovation Award' for Advanced Cell Diagnostics. These accolades highlight Bio-Techne's commitment to scientific excellence and innovation in the research and clinical diagnostic communities.
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Bio-Techne (NASDAQ: TECH) announces a partnership between Lunaphore and Nikon to expand access to spatial biology services in the US. The collaboration aims to provide cutting-edge technology for researchers and clinicians to enhance spatial biology research.
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Bio-Techne's QuantideX qPCR BCR-ABL IS Kit is now compliant with the latest EU diagnostic regulations, enhancing monitoring for CML patients. The kit offers robust quantification of BCR-ABL1 and ABL1 transcripts, aiding in TKI therapy response assessment.
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Bio-Techne Corporation (NASDAQ: TECH) will have its President, Will Geist, present at the KeyBanc Life Sciences & MedTech Investor Forum on March 19, 2024. The presentation will be available via a live webcast on the company's Investor Relations website.
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Bio-Techne Corporation (TECH) President and CEO to present at Barclays Global Healthcare Conference. Live webcast available on Bio-Techne's Investor Relations website.
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Bio-Techne Corporation (NASDAQ: TECH) reported second-quarter financial results, showing a 2% organic revenue decline to $272.6 million, with GAAP EPS at $0.17 and adjusted EPS at $0.40. The company experienced growth in instrument consumables and academic end markets, but saw a decrease in operating income and margin. The Diagnostics and Genomics segment saw a 11% increase in net sales, but a decrease in operating margin due to the Lunaphore acquisition.
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Bio-Techne Corporation (NASDAQ: TECH) announced a dividend of $0.08 per share for the quarter ended December 31, 2023. The quarterly dividend will be payable on February 26, 2024, to all common shareholders of record on February 12, 2024. Bio-Techne is a global life sciences company providing innovative tools and bioactive reagents for research and clinical diagnostic communities, generating approximately $1.1 billion in net sales in fiscal 2023 with approximately 3,200 employees worldwide.
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Bio-Techne's Advanced Cell Diagnostics (ACD) achieves a technical breakthrough with the development of a protease-free RNAscope spatial multiomics workflow, enabling same-slide detection of protein and RNA biomarkers with unparalleled sensitivity and tissue morphology. The new innovation allows for simultaneous imaging of both RNA and protein biomarkers on the same tissue section, providing an unprecedented single-cell view of disease pathology and therapeutic response. The advanced workflow preserves protein and RNA integrity, simplifies image and data analysis, and will be showcased at the Advances in Genome Biology and Technology (AGBT) 2024 General Meeting.
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Bio-Techne Corporation (NASDAQ: TECH) announced the launch of the first fully automated spatial multiomics workflow, revolutionizing predictive biomarker research and drug development. The solution integrates RNA and protein data at the subcellular level in spatial tissue context without user intervention, offering high throughput and reliable target detection. The multiomics application will be commercially available in Q2 2024.
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Bio-Techne Corporation (NASDAQ: TECH) welcomed presentations from Pfizer and Sanofi at the WCBP conference, showcasing the transformative impact of MauriceFlex™ system on biotherapeutic development processes. MauriceFlex™ offers charge variant characterization and protein size analysis, addressing limitations in traditional methods. Presentations demonstrated its efficiency in AAV gene therapy development and collecting charge variants of complex proteins for downstream mass spectrometry characterization.
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FAQ

What is the current stock price of Bio-Techne (TECH)?

The current stock price of Bio-Techne (TECH) is $57.35 as of April 1, 2025.

What is the market cap of Bio-Techne (TECH)?

The market cap of Bio-Techne (TECH) is approximately 9.0B.

What are the primary business segments of Bio-Techne Corporation?

The company operates mainly through two segments: Protein Sciences, which provides reagents and analytical instruments, and Diagnostics & Spatial Biology, which focuses on molecular diagnostics and spatial biology products.

How does Bio-Techne support scientific research?

Bio-Techne supplies a broad array of high-quality tools including antibodies, cytokines, and immunoassay kits that enable precise investigations into biological processes and advance drug discovery and clinical diagnostics.

What distinguishes Bio-Techne in a competitive market?

Its differentiation lies in its comprehensive product portfolio, integration of advanced technologies like AI-assisted protein design and automated spatial biology platforms, and strategic global collaborations that enhance product reliability and innovation.

Who are the main customers of Bio-Techne Corporation?

The company’s products serve pharmaceutical companies, biotech firms, academic research institutions, and clinical diagnostic laboratories worldwide.

How does Bio-Techne ensure product quality and reliability?

Through rigorous R&D, adherence to high manufacturing standards (both RUO and GMP), and continual innovation in product design, the company guarantees reproducible and high-performance solutions.

What role do strategic partnerships play for the company?

Strategic collaborations enable Bio-Techne to integrate new technologies, expand its market reach, and foster innovative solutions that enhance both its research and diagnostic product lines.

Can you describe the global presence of Bio-Techne?

Based in Minnesota, Bio-Techne operates globally with significant market penetration in North America, Europe, the Middle East, Africa, the UK, and Asia-Pacific, cementing its role as a major player in the life sciences industry.
Bio-Techne Corp

Nasdaq:TECH

TECH Rankings

TECH Stock Data

9.05B
156.43M
1.05%
101.12%
3.33%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States
MINNEAPOLIS