Bio-Techne

Minneapolis, United States Founded: 1981 • Age: 45 yrs Listed Acquired By Merck
Developer of biotech reagents, instruments and clinical diagnostic products

About Bio-Techne

Bio-Techne is a publicly listed company based in Minneapolis (United States) founded in 1981, and was acquired by Merck in June 2026. Developer of biotech reagents, instruments and clinical diagnostic products. The company has 3,100 employees. Bio-Techne has completed 17 acquisitions, including ACD Bio, Asuragen and Atlanta Biologicals. Its website bio-techne.com draws about 218 thousand monthly visits. Its Indian entity Bio-Techne India Private Limited reported revenue of ₹7.35 Cr. Bio-Techne offers products and services including Reagents and Kits, Analytical Instruments, and ELISA Kits. Its focus areas include Life Sciences, Life Sciences Platforms and Tools and Diversified. Its competitors include Bio Rad, Quanterix and Biocare Medical; 2 of its 3 listed competitors have raised funding.

Company details

Bio-Techne was founded in 1981 in Minneapolis, United States, within the biotechnology sector. Specialized proteins such as cytokines and growth factors are supplied, alongside antibodies, immunoassays, biologically active small molecules, and other reagents to research, diagnostics, and clinical control markets. Instrumentation is provided to streamline protein analysis processes for customers in these areas. Operations focus on supporting scientific and medical applications across the United States and internationally.

  • Headquarters Minneapolis, United States
  • Employees 3,100
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ••••••••
  • Website bio-techne.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Acquired by Merck (Jun 2026)
  • Legal Name Bio-Techne Corp
Key Metrics
  • Indian entity revenue
    ₹7.35 Cr

    FY 2024 · +9% YoY

  • Indian entity net profit
    ₹70.5 Lakh

    FY 2024 · 10% margin

  • Indian entity EBITDA
    ₹1.10 Cr

    FY 2024 · 15% margin

  • Latest Funding Round
    $153K (USD), Grant

    Jun 2016

  • Investors
    Merck

    & 1 more

  • Employee Count
    3,100
  • Investments & Acquisitions
    ACD Bio

    & 16 more

  • Acquired by
    Merck

    (Jun 2026)

Products & Services of Bio-Techne

Bio-Techne offers a comprehensive portfolio of products and services, including Reagents and Kits, Analytical Instruments, and ELISA Kits.

Reagents and Kits
Research Products

High-quality reagents for cell culture, assays, and protein analysis in scientific research.

Analytical Instruments
Instruments

Tools for immunoassays, protein analysis, and diagnostics in life sciences applications.

ELISA Kits
Assay Products

Kits for detecting and quantifying proteins in research and diagnostic settings.

Apps and channels of Bio-Techne

its YouTube channel Bio-Techne has 509 subscribers and 30 videos.

Bio-Techne
YouTube 509 subscribers 30 videos Science & Technology
Open channel

Videos from Bio-Techne

The most watched videos on Bio-Techne's YouTube channel, Bio-Techne (509 subscribers). Click a video to play it here.

Introducing the Pala Cell Sorter and Single Cell Dispenser
253.5K views
Move Beyond Traditional Western Blots with Leo
50.9K views
Meet Jess: an Automated Western Blot System
14.6K views
How to set up a Maurice capillary isoelectric focusing (cIEF) assay
4.9K views

More on Bio-Techne.

Funding Insights of Bio-Techne

  • Total Rounds 6
  • Last Round Grant — $152,999
  • First Round $2.73M

    (May 2009)

  • Investors Count 1

All 6 funding rounds of Bio-Techne with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2016$152,999Grant––
Mar 2016$225,000Grant––
Aug 2014$202,050Grant––
Mar 2012$216,878Grant––
Sep 2011$1.82MGrant––
May 2009$2.73MGrant––
Valuation history

2 investors in total: 2 institutional.

Investors in Bio-Techne

Bio-Techne has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Merck and HHS.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Public health and human services are overseen by HHS.
1953hhs.gov
Merck is engaged in science and technology solutions globally.
1668merckgroup.comDarmstadt, Germany
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Investor details for Bio-Techne

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Board of directors of Bio-Techne India Private Limited (Bio-Techne)

Bio-Techne India Private Limited is the primary company behind Bio-Techne. The board of Bio-Techne India Private Limited currently have 3 directors; the longest-serving is James Todd Hippel, appointed in 2017. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
James Todd Hippel
DIN 07923425
Director08 Dec 20178 yrs 10 moBio-Techne India Private Limited
Anand Khetan
DIN 07302683
Director14 Mar 20197 yrs 7 moBio-Techne India Private Limited
Shane Victor Bohnen
DIN 10307300
Director08 Sep 20233 yrs 2 moBio-Techne India Private Limited

People of Bio-Techne

414 people are tracked at Bio-Techne (96 in leadership, 318 in team); the tracked headcount is 3,100.

NameRoleGroup
Rachael Amato Assoc Cipd
HR Business Partner For EMEALeadership
Ryan Dagon
Senior Director, Marketing Technology & Sales EnablementLeadership
Jen Souvignier
Global Director Of Commercial Training And OnboardingLeadership
Susan Plurad
Senior Manager, Field Applications - Immunoassay Business Unit PartnerLeadership
EVP & CFOLeadership
Qi Cheng
VP, Quality & RegulatoryLeadership
Marty Putnam
Vp, Immunoassay TechnologiesLeadership
Beth Sander
Director Of PeopleLeadership
Lori Dawidowicz
Senior Director, Diagnostic Controls Business UnitLeadership
Johanne McGregor
Senior Director Of MarketingLeadership
Roberto Munoz
Director Of QualityLeadership
Michelle L. Collins
Senior Director, Corporate Development - Diagnostics & GenomicsLeadership
Jim Hippel
Executive Vice President And Chief Financial OfficerLeadership
Vincent Defrank
Director, Software QualityLeadership
Anonymous
VP, Global Human ResourcesLeadership
Erin Sheppard
Senior Manager, People PartnerLeadership
Lindsey Rodger
Head Of Corporate CommunicationsLeadership
Dawn Gast
Division Director, Bio-techne Diagnostics Division (bdd), Quality And RegulatoryLeadership
Angela Chen
Vice President, Gm, APACLeadership
Gaynor Worthington
HR Business Partner, EMEALeadership

394 more people are available in the full profile.

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Complete people profiles for Bio-Techne

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IPO & Listings of Bio-Techne

Bio-Techne is a publicly listed company on the NASDAQ with ticker symbol TECH in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date09 Feb 1989
  • Listed onNASDAQ: TECH
  • Listed entityBio-Techne Corp
  • Exchange sectorHealth technology
  • ISINUS09073M1045
  • Share price$72.48 (-0.11% on the day) · 2026-10-13
  • Market capitalisation$11.37B
  • Price to earnings62.6
  • EPS (diluted, trailing year)$1.16
  • Dividend yield0.44%
  • Volume (last session)2,420,572

Financials of Bio-Techne

Figures of Bio-Techne India Private Limited, the primary company behind Bio-Techne, for FY 2024. Revenue was ₹7.35 Cr (+9% year on year). Net profit was ₹70.5 Lakh (10% margin). EBITDA was ₹1.10 Cr (15% margin). Revenue has grown at a compounded annual rate of +1071% over three years and +28% over five years.

  • ₹7.35 CrRevenue · FY 2024 · +9% YoY
  • ₹70.5 LakhNet profit · 10% margin
  • ₹1.10 CrEBITDA · 15% margin
  • ₹1.98 CrPaid-up capital
  • 10Employees (provident fund records)
  • +1071%Revenue CAGR, 3 years
  • +28%Revenue CAGR, 5 years
Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2026$1.22B$181.8M$372.8M
2025$1.22B$73.4M$362.8M
2024$1.16B$168.1M$386.7M
2023$1.14B$285.2M$387.9M
2022$1.11B$271.9M$377.6M

Balance sheet, profit and loss, cash flow and ratios of Bio-Techne India Private Limited are on its company page.

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Detailed financial statements for Bio-Techne

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Investments & Acquisitions by Bio-Techne

Bio-Techne has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include ACD Bio, Asuragen and Atlanta Biologicals.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Microfluidic-based instruments for tumor analysis are developed.
lunaphore.comMorges, Switzerland2014Jun 2023••••
Single-cell sorting instruments are developed using microfluidic technology.
namocell.comMountain View, United States2014Jun 2022••••
Assays and kits developer for molecular diagnostics
asuragen.comAustin, United States2006Mar 2021$215M
Developer of solutions for gene editing and gene delivery
bmogen.comMinneapolis, United States2015Jun 2019••••
Blood-based cancer diagnostics are developed for patient stratification and monitoring.
exosomedx.comBoston, United States2008Jun 2018$250M
Cell isolation technologies are developed using biocompatible hydrogel platforms.
quadtechnologies.comWoburn, United States2013Jun 2018••••
Cell culture products including sera, media, and reagents are manufactured.
atlanta-biologicals.comFlowery Branch, United States1992Jan 2018••••
Products and services for cell biology research are provided.
trevigen.comGaithersburg, United States1992Sep 2017$11M
Developer of a transnational research platform for biomarker analysis
acdbio.comNewark, United States2006Jul 2016$250M
Single-cell protein analysis tools are commercialized for research markets.
zephyrusbio.comBerkeley, United States2013••••
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Complete acquisition details for Bio-Techne

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Timeline of Bio-Techne

15 dated milestones of Bio-Techne across 45 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bio-Techne is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $2.7M.
  4. Funding Latest funding round, Grant, of $153K.
  5. Acquisition Acquires Spaceimportexport.
  6. Acquisition Acquires ACD Bio.
  7. Acquisition Acquires Trevigen.
  8. Acquisition Acquires Atlanta Biologicals.
  9. Acquisition Acquires Quad Technologies.
  10. Acquisition Acquires Exosome Diagnostics.
  11. Acquisition Acquires B-MoGen.
  12. Acquisition Acquires Asuragen.
  13. Acquisition Acquires Namocell.
  14. Acquisition Acquires Lunaphore.
  15. Exit Acquired by Merck.

Competitors of Bio-Techne

Bio-Techne has 3 listed competitors in our database, 2 of them funded. They include Bio Rad, Quanterix and Biocare Medical.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bio-rad.com1952Hercules, United States10
Portfolio of products and services for life science research and clinical diagnostic markets
quanterix.com2007Cambridge, United States$99.5M141
Assay kits for ultra-sensitive biomarker detection are developed.
biocare.net1997Concord, United States$85M161
Primary antibodies and instruments for immunohistochemistry are manufactured.
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Detailed competitors of Bio-Techne

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Web traffic of Bio-Techne

The website of Bio-Techne (bio-techne.com) receives about 218.1K visits a month.

  • Monthly visits
    218.1K

    ▲ 15.4% vs previous month

Similar websites

Websites whose visitors overlap most with Bio-Techne. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
rndsystems.com
100%
349K#159,292View details
novusbio.com
94%
199.6K#232,152View details
biocompare.com
91%
244.1K#187,636View details
abcam.com
86%
602.8K#91,958View details
ptglab.com
83%
#137,673View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 40 similar websites and full traffic analytics for Bio-Techne

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Top companies in Life Sciences Platforms & Tools

3 companies that operate in the same segment as Bio-Techne (Life Sciences Platforms & Tools) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medidata is recognized as a leading provider of SaaS solutions for clinical research.
1999New York, New York, United StatesUSD 41.5 M
AI-based solutions for health management are provided.
2015Dallas, Texas, United StatesUSD 2.8 B1,111
Real-world health data is provided for research and decisions.
2012Menlo Park, California, United StatesUSD 259.16 M
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Related news about Bio-Techne

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Frequently Asked Questions about Bio-Techne

Bio-Techne was founded in 1981 and raised its 1st funding round 28 years after it was founded.

Bio-Techne is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

Bio-Techne has 3,100 employees.

The primary company behind Bio-Techne, Bio-Techne India Private Limited, reported revenue of ₹7.35 Cr for FY 2024, up 9% year on year.

Bio-Techne was founded in 1981 in Minneapolis, United States, within the biotechnology sector. Specialized proteins such as cytokines and growth factors are supplied, alongside antibodies, immunoassays, biologically active small molecules, and other reagents to research, diagnostics, and clinical control markets. Instrumentation is provided to streamline protein analysis processes for customers in these areas. Operations focus on supporting scientific and medical applications across the United States and internationally.

Bio-Techne's top competitors include Biocare Medical, Quanterix and Bio Rad.

Bio-Techne offers Reagents and Kits, Analytical Instruments, and ELISA Kits.

Yes, Bio-Techne is publicly traded on NASDAQ under the ticker symbol TECH.

Bio-Techne has made 17 acquisitions, including ACD Bio, Asuragen, and Atlanta Biologicals.

Bio-Techne has 2 investors. Key investors include Merck, and HHS.

Bio-Techne operates through Bio-Techne India Private Limited.

Yes. Bio-Techne was acquired by Merck in June 2026.

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