TECH | Bio-Techne Corp (TECH): A Deep Dive into the Growing Biotech Research Tools Market

Bio-Techne Corp (TECH): Explore the booming biotech research tools market with this deep dive. Discover growth drivers & investment opportunities.

Kim Kelderman
CEO
1976
Founded
3100
Employees
MINNEAPOLIS, MN
Headquarters

BIO-TECHNE Corp, operating in the Biological Products, (No Diagnostic Substances) industry, trades under the symbol $TECH. Founded in 1976, the company is headquartered in MINNEAPOLIS, MN. The CEO of BIO-TECHNE Corp is Kim Kelderman, and the company currently employs 3100 people.

Bio-Techne: The Secret Sauce of Scientific Breakthroughs

The world of scientific research is a whirlwind of discovery, and at its heart lies Bio-Techne, a company that’s more than just a supplier of tools – it’s the secret ingredient for unlocking the mysteries of biology.

Imagine a world without antibodies, proteins, or growth factors – the building blocks of life itself. That’s where Bio-Techne comes in. They’re the folks who provide the essential tools that scientists use to push the boundaries of knowledge, develop groundbreaking therapies, and ultimately, improve human health.

Their product portfolio is like a scientist’s dream toolbox, filled with essential components for everything from basic research to cutting-edge drug development:

  • Antibodies: These are like tiny, highly specific detectives that pinpoint specific targets, enabling scientists to track down disease-causing proteins or identify the culprits behind complex biological processes.
  • Proteins: These are the workhorses of life, and Bio-Techne provides them in all their glory, ready to be used in research, drug development, or even for growing new tissues in the lab.
  • Growth Factors: These are the “growth hormones” of cells, guiding them to divide, mature, and differentiate, making them crucial for research into regenerative medicine, tissue engineering, and understanding developmental biology.
  • Cell Culture Reagents: Think of them as the “nutrients” and “supplements” that keep cells happy and healthy in the lab, allowing scientists to study them in a controlled environment.

Bio-Techne’s reach extends far and wide, with their products finding their way into the hands of researchers at:

  • Academic Research Institutions: The bustling labs of universities and research institutions rely on Bio-Techne’s tools to push the boundaries of knowledge and delve deeper into the intricacies of life.
  • Pharmaceutical and Biotech Companies: Drug developers use Bio-Techne’s tools to identify new targets for drugs, conduct pre-clinical studies, and develop promising new therapies.
  • Diagnostic Laboratories: The diagnostic labs that help doctors diagnose and treat diseases also rely on Bio-Techne’s products for their assays and reagents, ensuring accurate and reliable results.

Bio-Techne’s success isn’t just about providing essential tools. It’s about their unwavering commitment to innovation, continually developing new products and technologies to keep up with the ever-evolving world of scientific research. They’re not afraid to jump into new areas either, acquiring companies and technologies that expand their expertise and reach.

So, if you’re interested in the future of science and medicine, Bio-Techne is a name you’ll want to remember. They’re not just providing tools – they’re empowering the next generation of scientific discoveries.