Bio-Techne Corp (FRA:TE1)
€ 76.5 1 (1.32%) Market Cap: 11.96 Bil Enterprise Value: 12.28 Bil PE Ratio: 66.51 PB Ratio: 6.55 GF Score: 92/100

Bio-Techne Corp at Cowen Health Care Conference Transcript

Mar 06, 2023 / 07:10PM GMT
Release Date Price: €72 (-2.04%)
Charles R. Kummeth
Bio-Techne Corporation - CEO, President & Director

Thanks, Bio-Techne, and glad you all came. It's been a while since we've been standing-room only. Thank you. Safe harbor, of course, I think you guys all know what that is. We always need time. All right, Bio-Techne. So I've been here about 10 years at the helm. At this point, we're roughly between $12 billion and $13 billion market cap. We are largely a life science tools company, we're getting into diagnostics as well. It's very related to assays, which we -- we know a lot about. You can see we're 81% consumables, 11% instruments, but a full 10% is consumables for the instruments. So the cartridges that make them work. So we're roughly really a 20% instrument-based company as well.

We have these 8 more or less platforms here that we have our businesses arranged under by technology, proteins that are most known for. We're the world leader in proteins for research. We're one of the top players in antibodies. There's only 100 of us out there. We're pretty big compared to most. Immunoassay's, we are the inventor and creator

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