Welcome to our dedicated page for Bio-Techne news (Ticker: TECH), a resource for investors and traders seeking the latest updates and insights on Bio-Techne stock.
Bio-Techne Corporation (NASDAQ: TECH) is a global life sciences company whose news flow reflects its role in life science tools, bioactive reagents, diagnostics, and spatial biology. Company announcements frequently highlight financial results, product launches, collaborations, and participation in healthcare and investor conferences, giving investors and researchers insight into how Bio-Techne is executing its strategy.
Recent press releases include quarterly and annual financial updates, where Bio-Techne reports net sales, segment performance for its Protein Sciences and Diagnostics and Spatial Biology segments, and commentary on market conditions. These earnings communications often discuss organic revenue trends, operating margins, and portfolio decisions such as divestitures of non-core businesses.
Product and technology news from Bio-Techne covers launches of analytical instruments, spatial biology assays, and multiomic workflows. Examples include announcements of next-generation protein analysis systems with multiplexing capabilities, spatial biology platforms that combine RNA and protein detection, and assays that visualize protein-protein interactions within tissue at subcellular resolution. Such updates show how the company is expanding its proteomic analytical tools and spatial biology offerings, which it identifies as growth pillars.
Bio-Techne also issues news about strategic collaborations and licensing agreements. Recent items describe partnerships in AI-enabled protein design, multiomic spatial analysis with academic and industry partners, and initiatives supporting cell and gene therapy manufacturing workflows. In addition, the company regularly announces its participation in major healthcare and investor conferences, where management presents its outlook and strategy.
This TECH news page aggregates these types of updates so readers can follow Bio-Techne’s financial reporting, product innovation, strategic partnerships, and conference activity in one place. Investors, analysts, and scientists can use this feed to monitor developments across the company’s life science tools, diagnostics, and spatial biology businesses.
Bio-Techne Corporation (NASDAQ:TECH) reported strong Q4 FY2021 results with a 39% organic revenue increase, reaching $259.0 million. Full-year organic growth hit 22% to $931.0 million. The adjusted EPS rose to $1.87, compared to $1.00 last year, despite GAAP EPS dropping to $0.37 from $1.48 due to a non-operating loss on investments. The fourth quarter saw an adjusted operating margin of 38.5%, up from 31.1% a year prior, while operating cash flow reached a record $352 million. The company anticipates continued growth momentum into FY2022.
Bio-Techne Corporation (NASDAQ: TECH) announced a quarterly dividend of $0.32 per share for the quarter ending June 30, 2021. This dividend will be paid on August 27, 2021 to shareholders of record as of August 16, 2021. The company's Board will review future dividends quarterly. In fiscal 2021, Bio-Techne reported approximately $931 million in net sales and employs over 2,600 people globally, providing innovative tools and bioactive reagents for life sciences research and clinical diagnostics.
Bio-Techne Corporation (NASDAQ: TECH) reports that CDC scientists emphasized the significance of fixed tissue analysis for diagnosing SARS-CoV-2 infections in fatal cases lacking prior testing. Published findings in the Journal of Infectious Disease revealed that RNAscope technology enabled visualization of SARS-CoV-2 RNA in autopsy tissues, identifying cellular targets of the virus across various organs. The company is launching a SARS-CoV-2 probe specific for Spike protein mRNA as an Analyte Specific Reagent, enhancing researchers' capacity to detect the virus in fixed tissues.
Bio-Techne Corporation (NASDAQ: TECH) announced its 2021 Investor Day scheduled for September 10, 2021, at the Lotte New York Palace Hotel. The event will feature presentations from senior leadership and a Q&A session. Institutional investors and analysts can access a live webcast of the meeting through Bio-Techne's Investor Relations website. The company, known for developing high-quality purified proteins and reagent solutions, generated approximately $739 million in net sales in fiscal 2020 and employs around 2,600 people worldwide.
Bio-Techne Corporation (NASDAQ: TECH) and PROGEN unveiled the Simple Plex™ AAV2 viral titer assay designed for AAV2 total capsid quantification. This new assay, available on the Ella™ platform, combines the efficiency of PROGEN's established ELISAs with the automation of Ella, enhancing cell and gene therapy development. It enables high-throughput, consistent quantification during viral purification with high sensitivity. With a robust portfolio in life sciences, Bio-Techne generated around $739 million in net sales in fiscal 2020 and employs approximately 2,600 globally.
Bio-Techne (NASDAQ: TECH) has launched the RNAscope HiPlex V2 assay, enhancing its Advanced Cell Diagnostics portfolio. This new assay permits detection of up to 12 gene targets in formalin-fixed paraffin-embedded (FFPE) samples and up to 48 in fresh and frozen samples. The HiPlex V2 provides reliable gene expression data without complex bioinformatics. It enables detailed analysis of gene expression and cellular organization in various tissue types, supporting translational research and biomarker discovery. This innovation positions Bio-Techne competitively in the growing spatial genomics market.
Bio-Techne Corporation (NASDAQ: TECH) will host a conference call and webcast on August 5, 2021, at 8:00 a.m. CDT to discuss its fourth quarter 2021 financial results. Interested parties can join via dial-in at 1-800-289-0438 or through a webcast at public.viavid.com. A recorded rebroadcast will be available until September 5, 2021. Bio-Techne is a leading developer of purified proteins, reagent solutions, and diagnostic products, with $739 million in net sales for fiscal 2020.
Bio-Techne Corporation (NASDAQ:TECH) has opened a new facility in Dublin, Ireland, aimed at enhancing its service to the European life sciences market. The 25,000 square foot facility will act as the primary distribution hub for the company's life science tools and diagnostic reagents. This expansion underscores Bio-Techne's commitment to growth and resilience in the EMEA supply chain. The site is designed to achieve LEED Silver accreditation, reflecting a focus on environmental sustainability. CEO Chuck Kummeth expressed optimism about the continued success in the European research community.
Bio-Techne Corporation (NASDAQ: TECH) announced an expanded collaboration with Catamaran Bio to enhance cell engineering and manufacturing technologies for CAR-NK cell therapies. The new agreement includes a worldwide license for the TcBuster™ transposon system, which allows for efficient gene editing, integrated into Catamaran's TAILWIND™ Platform. This partnership aims to advance scalable, robust manufacturing processes for allogeneic CAR-NK therapies, targeting cancer treatments, especially solid tumors. Bio-Techne generated approximately $739 million in net sales in fiscal 2020.
Bio-Techne Corporation (NASDAQ: TECH) has partnered with Autolomous to implement the AutoloMATETM electronic batch record system at its GMP cellular manufacturing center. This initiative aims to enhance process control in cell-based therapies, ensuring higher quality standards for patient products. Bio-Techne will provide therapeutic companies with state-of-the-art electronic records and integrate further technologies within their platforms. This marks Autolomous's first deployment in the USA, showcasing the flexibility of their solutions for various cell and gene therapy workflows.