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 reports news about its global life sciences business, which supplies reagents, analytical instruments and precision diagnostics for research, biopharmaceutical, biotechnology and clinical diagnostic customers. Company updates commonly cover financial results, cash dividends, investor conference presentations and demand trends across large pharma, emerging biotech and academic markets.
Product news centers on Bio-Techne's R&D Systems™, Bio-Techne Spatial™ and Bio-Techne Diagnostics™ portfolios. Recent recurring themes include spatial biology workflow additions for the COMET™ suite, SPYRE™ antibody panels and amplification kits, GMP-grade reagents for cell and gene therapy workflows, and the Ella cartridge-based immunoassay platform for translational research and clinical applications.
Bio-Techne Corporation (NASDAQ: TECH) and Mount Sinai Health System are launching the COVID-SeroIndex, a quantitative SARS-CoV-2 IgG antibody RUO kit. This test kit, part of their collaboration, will be available for research use in early August 2020. Designed as an enzyme-linked immunosorbent assay (ELISA), it measures anti-COVID-19 antibodies and their levels using two virus antigens. The technology has been tested on over 50,000 samples, aimed at supporting vaccine development.
Bio-Techne Corporation (NASDAQ:TECH) announced the launch of the ExoCovid-19 test, which has been validated for detecting COVID-19 caused by SARS-CoV-2. This test is conducted in a CLIA-certified, CAP-accredited laboratory and allows for minimally invasive nasal swab specimen collection. The assay has received Emergency Use Authorization (EUA) from the FDA and is designed to enhance testing capabilities during the pandemic. The company aims to expand its COVID-19 testing offerings to improve accessibility and reliability for patients and healthcare providers.
Bio-Techne Corporation (NASDAQ:TECH) has launched the miRNAscope™ Assay, extending its RNAscope™ platform. This novel assay enables the in situ detection of microRNAs and short oligonucleotide therapeutics with single-cell resolution in intact tissues. The miRNAscope Assay addresses significant limitations of traditional methods like PCR and sequencing, offering heightened specificity, sensitivity, and ease of interpretation. Bio-Techne's commitment to enhancing RNA detection demonstrates its leadership in tissue analysis, providing essential tools for researchers in diagnostics and therapy development.
Bio-Techne Corporation (NASDAQ: TECH) will host a conference call and webcast on August 4, 2020, at 8:00 a.m. CDT to discuss its fourth quarter 2020 financial results. Interested participants can access the call via dial-in or through a provided webcast link. A recorded rebroadcast will be available from 11:00 a.m. CDT on August 4 until 11:00 p.m. CDT on September 4. Bio-Techne, a leader in high-quality protein and reagent solutions, reported approximately $714 million in net sales in fiscal 2019, employing around 2,300 people globally.