Bio-Techne Corp Stock Price, News & Analysis

Bio-Techne Corporation (NASDAQ: TECH) has made a strategic minority investment in Changzhou Eminence Biotechnology Co., Ltd. This funding will help Eminence expand its GMP media production capacity and service capabilities in China. Eminence, founded in 2016, focuses on high-quality cell culture media crucial for biopharmaceutical manufacturing. The investment aims to leverage Bio-Techne's reputation and industry relationships to support the growing Chinese biopharmaceutical market. Both companies anticipate collaboration on GMP molecules for cell and gene therapies.

Bio-Techne Corporation (NASDAQ: TECH) will host a conference call and webcast on February 2, 2021, at 8:00 a.m. CST to review its second quarter 2021 financial results. Interested parties can access the call via dial-in or through a webcast link. A recorded rebroadcast will be available from 11:00 a.m. CST on the same day until 11:00 p.m. CST on March 2, 2021. Bio-Techne specializes in high-quality purified proteins and reagents, generating approximately $739 million in net sales in fiscal 2020 with around 2,300 employees.

Bio-Techne Corporation (NASDAQ: TECH) announced that Chuck Kummeth, CEO, will present at the 39th Annual J.P. Morgan Healthcare Conference on January 13, 2021, at 2:00 p.m. EST. Access the live webcast on Bio-Techne's Investor Relations website. The company specializes in high-quality purified proteins and reagent solutions, generating approximately $739 million in net sales in fiscal 2020. With over 2,300 employees, Bio-Techne plays a vital role in research and diagnostics, offering products in protein analysis, genomic tools, and diagnostics.

Kantaro Biosciences, a joint venture with RenalytixAI (NASDAQ: RNLX), has received Emergency Use Authorization from the FDA for its COVID-SeroKlir antibody test kit. This semi-quantitative test detects IgG antibodies, demonstrating 98.8% sensitivity and 99.6% specificity. Manufactured in partnership with Bio-Techne Corporation (NASDAQ: TECH), production can reach up to 10 million tests monthly. The test aids in healthcare decision-making and assessing vaccine responses, underlining its importance in the ongoing fight against COVID-19.

Bio-Techne Corporation (NASDAQ: TECH) will be presenting at the Stephens Annual Investment Conference 2020 on November 17, 2020, at 3:00 p.m. EST. Chuck Kummeth, President and CEO, will lead the presentation, which will be available via a live webcast on the company's Investor Relations website.

In fiscal 2020, Bio-Techne generated approximately $739 million in net sales and employs over 2,300 people globally. The company specializes in developing high-quality proteins, diagnostic products, and genomic tools essential for scientific research and clinical diagnostics.

Bio-Techne Corporation (NASDAQ: TECH) has declared a quarterly dividend of $0.32 per share for the period ending September 30, 2020. This dividend is payable on November 27, 2020 to shareholders on record as of November 16, 2020. The company reported approximately $739 million in net sales for fiscal 2020 and employs over 2,300 people worldwide. Future dividends will be assessed quarterly by the Board of Directors.

Bio-Techne Corporation (NASDAQ:TECH) reported a robust first quarter for FY2021, ending September 30, with organic revenue growth of 10%, totaling $204.2 million. The GAAP EPS rose to $0.83 from $0.37 year-on-year, while adjusted EPS saw a 35% increase to $1.43. The Diagnostics and Genomics segment achieved 17% organic growth, bolstered by the launch of a new GMP manufacturing facility. Despite challenges from COVID-19, a positive long-term outlook is anticipated due to increased funding in life sciences.

Bio-Techne Corporation (NASDAQ: TECH) will have its CEO, Chuck Kummeth, present at the Stifel 2020 Virtual Healthcare Conference on November 16, 2020, at 1:20 p.m. EST. Interested parties can access a live webcast through the Investor Relations website. Bio-Techne specializes in producing high-quality proteins and diagnostic tools used in biomedical research and clinical laboratories. In fiscal 2020, the company reported approximately $739 million in net sales and employs over 2,300 people globally.

Bio-Techne Corporation (NASDAQ: TECH) announced that CFO Jim Hippel will present at the 29th Annual Credit Suisse Virtual Healthcare Conference on November 11, 2020, at 4:15 p.m. EST. Interested parties can access the live webcast through the company's Investor Relations website. Bio-Techne specializes in high-quality purified proteins, reagents, and diagnostic products, generating approximately $739 million in net sales in fiscal 2020. With over 2,300 employees, Bio-Techne continues to support scientific research, drug discovery, and clinical diagnostics.