Bio-Techne Corp Stock Price, News & Analysis

Bio-Techne Corporation (NASDAQ: TECH) will have CEO Chuck Kummeth present at the Barclays Global Healthcare Conference on March 16, 2022, at 8:30 a.m. EST. A live webcast will be available on Bio-Techne's Investor Relations website. The company specializes in high-quality purified proteins and reagent solutions, generating approximately $931 million in net sales in fiscal 2021. Its diverse product range supports scientific investigations and clinical diagnostics, impacting drug discovery and disease diagnosis.

Bio-Techne Corporation (NASDAQ: TECH) has announced that Executive Vice President and CFO Jim Hippel will present at the Cowen 42nd Annual Health Care Conference on March 7, 2022, at 11:10 a.m. EST. The presentation will be accessible via a live webcast on Bio-Techne's Investor Relations website. The company, a key player in the development of purified proteins and reagent solutions, recorded approximately $931 million in net sales in fiscal 2021 and employs around 2,700 staff worldwide, focusing on diagnostics and genomic tools.

Bio-Techne Corporation (NASDAQ: TECH) announced that Jim Hippel, the Executive Vice President and CFO, will present at the Citi 2022 Virtual Healthcare Conference on February 24, 2022, at 10:15 a.m. EST. The presentation will be accessible via the company's Investor Relations website. Bio-Techne is a leading developer of purified proteins and reagent solutions, including diagnostics and genomic tools, generating approximately $931 million in net sales in fiscal 2021 with around 2,700 employees globally.

Bio-Techne Corporation (NASDAQ: TECH) has partnered with Thermo Fisher Scientific to develop and commercialize the ExoTRU kidney transplant rejection test. This non-invasive liquid biopsy assay provides critical allograft health information, aiding in the management of kidney transplant patients by distinguishing between T-cell mediated rejection and antibody mediated rejection. Developed with the Azzi Laboratory at Harvard Medical School's Transplantation Research Center, the ExoTRU assay meets a significant need in patient care and has potential for market leadership in liquid biopsies.

Bio-Techne Corporation (NASDAQ:TECH) has published significant findings in the World Journal of Urology showcasing the ExoDx Prostate test (EPI) as a key tool for assessing low-risk prostate cancer. Conducted by Dr. Alexander Kretschmer and team, the study with 2,066 subjects indicates that an EPI score below 15.6 can prevent unnecessary radical prostatectomy in low-risk patients. The EPI test demonstrated a 100% negative predictive value for ruling out grade ≥GG3 cancer. The research suggests that up to 75% of men may avoid invasive procedures through effective active surveillance.

Bio-Techne Corporation (NASDAQ: TECH) will have its CEO, Chuck Kummeth, present at the 11th Annual SVB Leerink Global Healthcare Conference on February 17, 2022, at 9:20 a.m. EST. Investors can access the live webcast on the Investor Relations website. Bio-Techne specializes in developing high-quality proteins and reagents, generating approximately $931 million in net sales in fiscal 2021. With around 2,700 employees, its products are crucial for biomedical research and diagnostics, including various genomic and diagnostic tools.

Bio-Techne Corporation (NASDAQ: TECH) announced a quarterly dividend of $0.32 per share for Q4 2021, payable on February 25, 2022. This dividend targets all common shareholders of record as of February 11, 2022. Additionally, the Board approved a new share repurchase program allowing for the buyback of up to $400 million of common stock, commencing February 2, 2022. The number of shares repurchased will depend on market conditions and corporate requirements, with no obligation to acquire a specific amount.

Bio-Techne Corporation (NASDAQ: TECH) reported robust financial results for Q2 FY2022, achieving a 20% increase in net sales to $269.3 million. The organic revenue growth was 17%, with Protein Sciences leading at 19% growth, including a significant 27% rise in ProteinSimple solutions. GAAP EPS reached $1.94, contrasted with $1.15 last year, enhanced by a $28.4 million investment gain. Adjusted operating income advanced by 18% to $102.8 million, resulting in an adjusted operating margin of 38.3%.