Website: N/A
Stock Symbol: NASDAQ: TECH
Market Value: N/A (in millions)
TECHNE Corporation and Subsidiaries (the Company) are engaged in the
development and manufacture of biotechnology products and hematology
calibrators and controls. These activities are conducted domestically through
its wholly-owned subsidiary, Research and Diagnostic (R&D) Systems, Inc.
Through its wholly-owned U.K. subsidiary, R&D Systems Europe Ltd. (R&D
Europe), the Company distributes biotechnology products throughout Europe.
R&D Systems Europe Ltd. has a sales subsidiary, R&D Systems GmbH, in Germany
and a sales office in France. In late fiscal 2007, the Company established a
subsidiary, R&D Systems China Co. Ltd. (R&D China), in Shanghai, China, to
distribute biotechnology products throughout China. The Company anticipates
fulfilling orders for all third-party Chinese distributors from R&D China
beginning in the second quarter of fiscal 2008.
R&D Systems acquired two subsidiaries effective July 1, 2005. Fortron Bio
Science, Inc.