Bio-Techne

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For other uses, see Techne (disambiguation).
Bio-Techne Corporation
FormerlyResearch and Diagnostic Systems, Inc. (1976–1985)
Techne Corporation (1985–2014)
Company typePublic
IndustryBiotechnology
Founded1976; 50 years ago (1976)
FounderRoger C. Lucas
HeadquartersMinneapolis, Minnesota, U.S.
Key people
Products
RevenueIncrease US$1.22 billion (2025)
Decrease US$102 million (2025)
Decrease US$73.4 million (2025)
Total assetsDecrease US$2.56 billion (2025)
Total equityDecrease US$1.92 billion (2025)
Number of employees
3,100 (2025)
Websitebio-techne.com
Footnotes / references
[1]

Bio-Techne Corporation is an American life sciences company that develops, manufactures and sells life science reagents, instruments and services for the research, diagnostic, and bioprocessing markets.[1]

History

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The company was founded in 1976 by Roger C. Lucas as Research and Diagnostic Systems, Inc. In 1985, it merged into Techne Corporation and became a public company.[1]

In March 2013, Charles (Chuck) Kummeth was named chief executive officer of the company.[2]

In July 2013, the company acquired Bionostics for $104 million.[3][4]

In February 2014, the company changed its name to Bio-Techne.[5]

In April 2014, the company agreed to acquire Shanghai PrimeGene Bio-Tech Company (PrimeGene).[6][7]

In July 2014, the company acquired Novus Biologicals for $60 million.[8][9][10]

In August 2014, the company acquired ProteinSimple for $300 million.[11]

In November 2014, the company agreed to acquire CyVek for $60 million plus up to an additional $135 million in earn-out payments.[12][13][14]

In June 2015, the company agreed to acquire Cliniqa Corporation.[15][16]

In March 2016, the company acquired Zephyrus Biosciences.[17][18][19]

In July 2016, the company acquired Space Import-Export.[20]

In August 2016, company acquired Advanced Cell Diagnostics for $250 million plus an additional $75 million in possible milestone payments.[21][22][23]

In September 2017, the company acquired Trevigen.[24][25]

In January 2018, the company acquired Atlanta Biologicals.[26][27]

In June 2018, the company agreed to acquire Quad Technologies.[28][29]

In August 2018, the company acquired Exosome Diagnostics for $250 million plus up to an additional $325 million in milestone payments.[30]

In June 2019, the company acquired B-Mogen.[31][32]

In April 2021, the company acquired Asuragen for $215 million plus up to an additional $105 million in milestone payments.[33]

In June 2022, the business announced it would acquire Namocell Inc.[34]

In June 2023, Bio-Techne announced it would acquire Lunaphore Technologies SA,[35] the transaction was completed the following month[36]

References

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[edit | edit source]
  • Official website
  • Business data for Bio-Techne Corporation:
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