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Corporation
bio-techne.com

Investments

7

Portfolio Exits

2

Partners & Customers

10

Service Providers

1

About Bio-Techne

Techne Corporation, dba Bio-Techne, (NASDAQ: TECH), is a global life sciences company providing innovative bioactive tools and resources for the research and clinical diagnostic communities. Bio-Techne products assist scientific investigations into biological processes and the nature and progress of specific diseases. They aid in drug discovery efforts and provide the means for accurate clinical tests and diagnoses.

Headquarters Location

614 McKinley Place NE

Minneapolis, Minnesota, 55413,

United States

612-379-2956

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Latest Bio-Techne News

BIO-TECHNE TO PRESENT AT THE 6TH ANNUAL EVERCORE ISI HEALTHCONx CONFERENCE

Nov 27, 2023

BIO-TECHNE TO PRESENT AT THE 6TH ANNUAL EVERCORE ISI HEALTHCONx CONFERENCE November 27, 2023 at 07:01 am EST Share MINNEAPOLIS, Nov. 27, 2023 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today announced that Chuck Kummeth, President and Chief Executive Officer, and Kim Kelderman, Chief Operating Officer will present at the 6th Annual Evercore ISI HealthCONx Conference on Wednesday, November 29, 2023, at 2:10 p.m. EST. A live webcast of the presentation can be accessed via the IR Calendar page of Bio-Techne's Investor Relations website at https://investors.bio-techne.com/ir-calendar. Bio-Techne Corporation (NASDAQ: TECH) is a leading developer and manufacturer of high-quality purified proteins and reagent solutions - notably cytokines and growth factors, antibodies, immunoassays, biologically active small molecule compounds, tissue culture reagents, T-Cell activation and gene editing technologies. Bio-Techne's product portfolio also includes protein analysis solutions, sold under the ProteinSimple brand name, offering researchers efficient and streamlined options for automated Western blot and multiplexed ELISA workflow. These reagent and protein analysis solutions are sold to biomedical researchers as well as clinical research laboratories and constitute the Protein Sciences Segment. Bio-Techne also develops and manufactures diagnostic products including FDA-regulated controls, calibrators, blood gas and clinical chemistry controls and custom assay development on dedicated clinical instruments. Bio-Techne's genomic tools include advanced tissue-based in situ hybridization assays (ISH) for research and clinical use, sold under the ACD brand as well as a portfolio of clinical molecular diagnostic oncology assays, including the ExoDx® Prostate test for prostate cancer diagnosis. These diagnostic and genomic products comprise Bio-Techne's Diagnostics and Genomics Segment. Bio-Techne products are integral components of scientific investigations into biological processes and molecular diagnostics, revealing the nature, diagnosis, etiology and progression of specific diseases. They aid in drug discovery efforts and provide the means for accurate clinical tests and diagnoses. With thousands of products in its portfolio, Bio-Techne generated approximately $1.1 billion in net sales in fiscal 2023 and has approximately 3,200 employees worldwide. Contact: Bio-Techne Corporation specializes in the manufacture and marketing of products used in life science research. The group offers reagents and diagnostic tools for researchers, doctors, laboratories, pharmaceutical and biotechnology companies, etc. Net sales break down by family of products as follows: - biological and chemical reagents and analysis tools (74.3%): proteins, antibodies, molecules, culture serums, tools for cell work, tools for the study of proteins, immunoassay tools, etc. ; - diagnostic and genomics products (25.7%): reagents and products used in blood analysis, nucleic acid analysis, tissue biopsy, gene analysis, cancer and genetic carrier screening, etc. Net sales are distributed geographically as follows: the United States (56.5%), the United Kingdom (4.4%), Europe/Middle East/Africa (19.4%), China (10%), Asia/Pacific (6.4%), and other (3.3%). Sector

Bio-Techne Investments

7 Investments

Bio-Techne has made 7 investments. Their latest investment was in Wilson Wolf Manufacturing as part of their Corporate Minority on March 3, 2023.

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Bio-Techne Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/1/2023

Corporate Minority

Wilson Wolf Manufacturing

$257M

Yes

4

1/28/2021

Corporate Minority

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10

12/15/2016

Series F

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$99M

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10

5/4/2016

Series A

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$99M

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10

4/4/2014

Corporate Minority

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$99M

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10

Date

3/1/2023

1/28/2021

12/15/2016

5/4/2016

4/4/2014

Round

Corporate Minority

Corporate Minority

Series F

Series A

Corporate Minority

Company

Wilson Wolf Manufacturing

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Amount

$257M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

4

10

10

10

10

Bio-Techne Portfolio Exits

2 Portfolio Exits

Bio-Techne has 2 portfolio exits. Their latest portfolio exit was Astute Medical on April 04, 2018.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/4/2018

Acquired

$99M

3

2/8/2012

IPO

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$99M

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0

Date

4/4/2018

2/8/2012

Exit

Acquired

IPO

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

3

0

Bio-Techne Acquisitions

17 Acquisitions

Bio-Techne acquired 17 companies. Their latest acquisition was Lunaphore Technologies on June 22, 2023.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

6/22/2023

Debt

$99M

$83.32M

Acquired

2

6/22/2022

Seed / Angel

$99M

Acquired

3

3/3/2021

Debt

$99M

$88.34M

Acquired

6

6/5/2019

Series A

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$99M

$99M

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10

6/25/2018

Series C

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$99M

$99M

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10

Date

6/22/2023

6/22/2022

3/3/2021

6/5/2019

6/25/2018

Investment Stage

Debt

Seed / Angel

Debt

Series A

Series C

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$83.32M

$88.34M

$99M

$99M

Note

Acquired

Acquired

Acquired

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Sources

2

3

6

10

10

Bio-Techne Partners & Customers

10 Partners and customers

Bio-Techne has 10 strategic partners and customers. Bio-Techne recently partnered with Lunaphore Technologies on April 4, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

4/17/2023

Partner

Switzerland

1

2/16/2023

Partner

United States

1

12/1/2022

Partner

United Kingdom

07:00 ET Bio-Techne and Oxford Nanopore Technologies partner to bring innovative reproductive health and carrier screening solut...

MINNEAPOLIS , Dec. 1 , 2022 / PRNewswire / -- Asuragen , a Bio-Techne Corporation brand and Oxford Nanopore Technologies plc , today announce a collaboration to develop assays designed to deliver more accurate and reliable options for reproductive health and carrier screening .

2

7/28/2022

Licensor

United Kingdom

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10

5/12/2022

Licensor

United States

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10

Date

4/17/2023

2/16/2023

12/1/2022

7/28/2022

5/12/2022

Type

Partner

Partner

Partner

Licensor

Licensor

Business Partner

Country

Switzerland

United States

United Kingdom

United Kingdom

United States

News Snippet

07:00 ET Bio-Techne and Oxford Nanopore Technologies partner to bring innovative reproductive health and carrier screening solut...

MINNEAPOLIS , Dec. 1 , 2022 / PRNewswire / -- Asuragen , a Bio-Techne Corporation brand and Oxford Nanopore Technologies plc , today announce a collaboration to develop assays designed to deliver more accurate and reliable options for reproductive health and carrier screening .

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Sources

1

1

2

10

10

Bio-Techne Service Providers

1 Service Provider

Bio-Techne has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Counsel

General Counsel

Service Provider

Associated Rounds

Acquired

Provider Type

Counsel

Service Type

General Counsel

Partnership data by VentureSource

Bio-Techne Team

5 Team Members

Bio-Techne has 5 team members, including current President, Kim Kelderman.

Name

Work History

Title

Status

Kim Kelderman

President

Current

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Name

Kim Kelderman

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Work History

Title

President

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Status

Current

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