. bio techne corporation type public traded as nasdaq tech industry biotechnology clinical diagnostic founded 1976 founder dr. roger c. lucas headquarters minneapolis minnesota united states key people chuck kummeth president ceo products 24 000 products 14 000 of which are antibodies 2014 revenue 452m 2015 358m 2014 number of employees 1 000 2014 website bio techne footnotes references 1 2 bio techne corporation is a holding company for biotechnology and clinical diagnostic brands . it was founded in 1976 as techne corporation and changed its name to bio techne in 2014 . 2 the company s brands include flagship r & d systems research and diagnostic systems inc. 3 boston biochem tocris bioscience biospacific and bionostics . 2 the company s products are used in both clinical and research contexts . 4 5 the company was co founded as a hematology controls developer 2 by dr. roger c. lucas who presently serves as its chief scientific advisor . 6 bio techne is listed on the nasdaq under the ticker symbol tech . 7 writing for forbes from an investor s perspective john reese praised the management team saying it ... appears to be doing a solid job ... 8 a sentiment echoed by philip van doorn writing for dow jones marketwatch . 9 interviewing investor edward b. white for the new york times carole gould noted that white thought the chief executive thomas oland was a deeply committed scientist . 10 beginning in 2013 the company s chief executive officer was chuck kummeth who had previously been employed by thermo fisher scientific . 2 in 2014 the same year it underwent a reorganization and changed its name the company acquired two companies as part of an aggressive expansion program and as part of a long term strategy to transform itself from a reagent supplier to an applied markets solution provider . 2 bio techne and the chinese company primegene shanghai primegene bio tech shared customers and sold complementary products ; acquisition of primegene which was anticipated to have completed by the end of 2014 was a strategic move to provide better integrated product offerings to existing customers and provide for reduced cost of manufacturing for commodity products . 2 at the same time bio techne invested in with plans to eventually acquire the american equipment maker cyvek with the intention of adapting cyplex immunoassay technology toward development of a comprehensive platform for use of bio techne products . 2 11 acquisitions edit 2013 bionostics for 104 million 12 2014 novus biologicals for 60 million 13 proteinsimple for 300 million 14 primegene 2 cyvek 2 2015 cliniqa corporation 15 2016 zephyrus biosciences 16 advanced cell diagnostics 325 million 17 references edit form 10 k . edgar . u.s. securities and exchange commission . 2015 08 31 . p. 34 . retrieved 2016 07 25 . a b c d e f g h i j dutton gail 2014 06 15 . bio techne realigns for growth . gen corporate profile . genetic engineering & biotechnology news . 34 12 10 . retrieved 2016 07 24 . murphy barbara 1998 05 12 . amgen inc. sells its stake in techne corp. . los angeles times . retrieved 2015 04 25 . techne is the parent company for research and diagnostic systems inc. meguru miyamoto ; kazuyuki ishihara & katsuji okuda april 2006 . the treponema denticola surface protease dentilisin degrades interleukin 1 il 1 il 6 and tumor necrosis factor alpha . infection and immunity . 74 4 2462 2467 . doi 10.1128 iai .74.4.2462 2467.2006 . pmc 1418930 . pmid 16552080 . c c chang ; et al. 2012 11 23 . ccn2 inhibits lung cancer metastasis through promoting dapk dependent anoikis and inducing egfr degradation . cell death & differentiation . 20 443 455 . doi 10.1038 cdd .2012.136 . retrieved 2015 04 25 . roger c. lucas ph.d. . executive profile & biography . businessweek . retrieved 2015 04 25 . dr. roger c. lucas ph.d. co founded techne corp. in 1985 and serves as its chief scientific advisor . bio techne corp . yahoo finance . retrieved 2015 04 25 . reese john p. 2010 10 13 . china picks buffett might like . forbes . techne corporation tech . retrieved 2015 04 25 . techne s management also appears to be doing a solid job doorn philip van 2015 03 02 . these are the most profitable nasdaq biotech companies . dow jones marketwatch . retrieved 2015 04 25 . carole gould 2000 09 03 . investing with edward b. white . the new york times . retrieved 2015 04 25 . praising the chief executive thomas oland as a deeply committed scientist . kennedy patrick 2014 04 05 . techne makes investment in biotech test system firm . star tribune . minneapolis minnesota . retrieved 25 july 2016 via highbeam research . subscription required help . techne to buy bionostics for 104m in cash . boston.com . associated press . 2013 06 18 . retrieved 2015 04 25 . buy bionostics holdings ltd. and its operating subsidiary bionostics inc. for 104 million in cash . bio techne announces agreement to acquire novus biologicals press release . bio techne . 2014 07 02 . retrieved 2015 04 25 via pr newswire . self published source bio techne announces proteinsimple acquisition completion press release . bio techne . 2014 08 01 . retrieved 2015 04 27 . self published source bio techne corporation agrees to acquire cliniqa corporation press release . bio techne . 2015 06 05 . retrieved 2016 05 29 via pr newswire . self published source staff 2016 03 21 . bio techne acquires zephyrus biosciences . gen news highlights . genetic engineering & biotechnology news . retrieved 2016 07 24 . staff 2016 07 21 . bio techne to acquire advanced cell diagnostics for up to 325m . gen news highlights . genetic engineering & biotechnology news . retrieved 2016 07 24 . external links edit business data for bio techne corporation hoover s bloomberg reuters sec filings retrieved from https en.wikipedia.org w index.php title bio techne & oldid 731571853 categories biotechnology companies of the united states1976 establishments in minnesotacompanies listed on nasdaqhidden categories pages containing links to subscription only contentaccuracy disputes from july 2016 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 26 july 2016 at 06 05 . text is available under the creative commons attribution sharealike license ; 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