Bio-Techne

Bio-Techne

Bio-Techne - Where Science Intersects Innovation. Learn more

Launch date
Employees
Market cap
CAD15.8b
Enterprise valuation
CAD16.2b (Public information from Sep 2024)
Minneapolis Minnesota (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues739m931m1.1b1.1b1.2b1.2b1.3b
% growth3 %26 %19 %3 %2 %5 %9 %
EBITDA157m237m398m406m351m--
% EBITDA margin21 %25 %36 %36 %30 %--
Profit229m140m272m285m168m--
% profit margin31 %15 %25 %25 %15 %--
R&D budget65.2m70.6m87.1m92.5m96.7m--
R&D % of revenue9 %8 %8 %8 %8 %--
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DateInvestorsAmountRound
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N/A

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N/A

IPO
*

$12.0m

Post IPO Equity
Total Funding-

Recent News about Bio-Techne

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More about Bio-Techneinfo icon
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Bio-Techne Corporation, listed on NASDAQ under the ticker TECH, is a prominent developer and manufacturer of high-quality purified proteins, reagent solutions, and cell and gene therapy workflow technologies. The company serves a diverse range of clients, including academic institutions, biotechnology firms, and pharmaceutical companies, operating primarily in the life sciences and healthcare markets. Bio-Techne's business model revolves around the production and sale of essential biological products such as cytokines, growth factors, antibodies, immunoassays, and biologically active small molecule compounds. These products are crucial for scientific research and development, enabling advancements in areas like cancer research, immunology, and regenerative medicine. The company generates revenue through direct sales of its extensive product portfolio, which includes protein analysis solutions marketed under the ProteinSimple brand. Bio-Techne's financial performance is robust, with net sales reaching $738.7 million and operating income of $157.4 million for the fiscal year ending June 30, 2020. The company continues to innovate, recently launching a new SARS-CoV-2 Multi-Antigen Serology Assay Kit, further solidifying its position in the market.

Keywords: purified proteins, reagent solutions, cell therapy, cytokines, growth factors, antibodies, immunoassays, small molecule compounds, ProteinSimple, SARS-CoV-2 assay.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.
Investments analysisEdit

Investments by Bio-Techne

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Lunaphore Technologies
ACQUISITION by Bio-Techne Jun 2023
Zephyrus Biosciences
ACQUISITION by Bio-Techne Mar 2016
Astute Medical
ACQUISITION by BioMérieux Apr 2018
ChemoCentryx
ACQUISITION by Amgen Aug 2022
Advanced Cell Diagnostics
ACQUISITION by Bio-Techne Jul 2016
Bionostics
ACQUISITION by Bio-Techne Jun 2013
CyVek
ACQUISITION by Bio-Techne Nov 2014
Namocell
ACQUISITION by Bio-Techne Jun 2022
Novus Biologicals
ACQUISITION by Bio-Techne Jul 2014
Quad Technologies
ACQUISITION by Bio-Techne Jun 2018
View 6 more