AllAnalyst Report
logoMorningstarJuly 12, 2024

Bio-Techne Corporation: Bio-Techne: Relaunching Coverage With Narrow Moat Rating and $87 Fair Value Estimate

Symbols
TECH
Sector(s)
Healthcare
Rating
Current Price
$71.77
Fair Value
Economic Moat
Stewardship
Summary

Based in Minnesota, Bio-Techne is a life sciences manufacturer supplying consumables and instruments for the pharma, biotech, academic, and diagnostic markets. It reports in two segments: protein sciences (75% of revenue) and diagnostics and genomics (25%). The protein sciences segment sells reagents and analytical instruments used in life sciences research, including antibodies used in protein analysis. The diagnostics and genomics segment sells diagnostic reagents, molecular diagnostics, and spatial biology products. The United States accounts for about 55% of

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