Craft

Bio-Techne

Stock Price

$71.8

2024-06-27

Market Capitalization

$11.3 B

2024-06-27

Revenue

$1.1 B

FY, 2023

Bio-Techne Summary

Company Summary

Overview
Bio-Techne is a company that provides researchers in life science and clinical diagnostics with reagent instruments, custom manufacturing, and testing services. It develops and manufactures purified proteins, notably cytokines and growth factors, antibodies, immunoassays, as well as biologically active small molecule compounds, which are sold to biomedical researchers and clinical research laboratories. The company also offers diagnostic products, including controls, calibrators, blood gas and clinical chemistry controls, and other reagents for OEM and clinical customers.
Type
Public
Status
Active
Founded
1981
HQ
Minneapolis, MN, US | view all locations
Website
https://www.bio-techne.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Charles Kummeth

    Charles Kummeth, President and Chief Executive Officer, Director

  • Jim Hippel

    Jim Hippel, Executive Vice President - Chief Financial Officer

  • Kim Kelderman

    Kim Kelderman, President, Diagnostics and Genomics

  • Kevin Smyth

    Kevin Smyth, Senior Vice President , Chief Digital Officer

Operating MetricsView all

Products

350
99.9%

FY, 2021

Patents Issued

440
25.7%

FY, 2022

Patent Applications

270
8.0%

FY, 2022

LocationsView all

45 locations detected

  • Minneapolis, MN HQ

    United States

    614 McKinley Pl NE

  • Centennial, CO

    United States

    10771 E Easter Ave

  • Devens, MA

    United States

    7 Jackson Rd

  • Newark, CA

    United States

    7707 Gateway Blvd

  • San Francisco, CA

    United States

    San Francisco

  • San Jose, CA

    United States

    3001 Orchard Pkwy

and 39 others

Bio-Techne Financials

Summary Financials

Revenue (Q3, 2024)
$303.4M
Gross profit (Q3, 2024)
$204.6M
Net income (Q3, 2024)
$49.1M
Cash (Q3, 2024)
$139.9M
EBIT (Q3, 2024)
$67.0M
Enterprise value
$11.6B

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