Bio-Techne

For other uses, see Techne (disambiguation).
Bio-Techne Corporation
Public
Traded as
Industry
  • biotechnology
  • clinical diagnostic
Founded 1976
Founder Dr. Roger C. Lucas
Revenue $358M (2014)[1]
Website Bio-Techne

Bio-Techne Corporation is a holding company for biotechnology and clinical diagnostic brands. For example, it is the parent company of Research and Diagnostic Systems Inc.[2] It was founded in 1976 as Techne Corporation and changed its name to Bio-Techne in 2014. The company was co-founded by Dr. Roger C. Lucas, who presently serves as its Chief Scientific Advisor.[3]

It is listed on the NASDAQ under the ticker symbol TECH.[4] Writing for Forbes from an investor's perspective, John Reese praised the management team saying it "...appears to be doing a solid job...",[5] a sentiment echoed by Philip van Doorn, writing for Dow Jones MarketWatch.[6] Interviewing investor Edward B. White for the New York Times, Carole Gould noted that White thought the chief executive, Thomas Oland, was a "deeply committed scientist."[7]

The company's products are used in both clinical and research contexts.[8][9]

Acquistions

References

  1. ↑ BIO-TECHNE Corp at SEC EDGAR
  2. ↑ "Amgen Inc. Sells Its Stake in Techne Corp.". Los Angeles Times. 1998-05-12. Retrieved 2015-04-25. Techne is the parent company for Research and Diagnostic Systems Inc.
  3. ↑ "Roger C. Lucas Ph.D.: Executive Profile & Biography - Businessweek". Businessweek.com. Retrieved 2015-04-25. Dr. Roger C. Lucas, Ph.D. co-founded Techne Corp., in 1985 and serves as its Chief Scientific Advisor.
  4. ↑ "Bio-Techne Corp". Yahoo! Finance. Retrieved 2015-04-25.
  5. ↑ Reese, John P. (13 October 2010). "China Picks Buffett Might Like". Forbes. Retrieved 2015-04-25. TECHNE’s management also appears to be doing a solid job
  6. ↑ Doorn, Philip van (2015-03-02). "These are the most profitable Nasdaq biotech companies". Dow Jones MarketWatch. Retrieved 2015-04-25. Bio-Techne Corp
  7. ↑ Carole Gould (2000-09-03). "Investing With: Edward B. White". New York Times. Retrieved 2015-04-25. praising the chief executive, Thomas Oland, as a "deeply committed scientist."
  8. ↑ Meguru Miyamoto, Kazuyuki Ishihara, and Katsuji Okuda (April 2006). "The Treponema denticola Surface Protease Dentilisin Degrades Interleukin-1β (IL-1β), IL-6, and Tumor Necrosis Factor Alpha". Infect Immun. 74 (4): 2462–2467. doi:10.1128/IAI.74.4.2462-2467.2006. Retrieved 2015-04-25.
  9. ↑ C-C Chang et al. (2012-11-23). "CCN2 inhibits lung cancer metastasis through promoting DAPK-dependent anoikis and inducing EGFR degradation". Cell Death and Differentiation 20: 443–455. doi:10.1038/cdd.2012.136. Retrieved 2015-04-25.
  10. ↑ Associated Press (2013-06-18). "Techne to buy Bionostics for $104m in cash". Boston Globe. Retrieved 2015-04-25. buy Bionostics Holdings Ltd. and its operating subsidiary Bionostics Inc. for $104 million in cash.
  11. ↑ "Bio-Techne Announces Agreement To Acquire Novus Biologicals". Bio-Techne (Press release). 2014-07-02. Retrieved 2015-04-25.
  12. ↑ "Bio-Techne Announces ProteinSimple Acquisition Completion". bio-techne.com (Press release). 2014-08-01. Retrieved 2015-04-27.

External links