BIO-RAD LABORATORIES INC.

Company Overview

Bio-Rad Laboratories was established in 1952 to develop biochemical and radiochemicals. Bio-Rad Laboratories designs and manufactures a range of diagnostic tools and services for research institutions, hospitals, pharmaceutical and biotechnology companies, and academic institutions. The company operates in two business segments: Life Science and Clinical Diagnostics. The life sciences category’s equipment, systems, reagents, and consumables are used to characterize, quantify, segregate, and purify biological components such as proteins, cells, and nucleic acids. Over 8,000 employees work across the globe. They include degree-holding scientists, engineers, software developers, and other technical support personnel. The company has a large direct sales force for global operations, with over 830 direct sales and sales management employees worldwide.

Financial Highlights (FY 2023)

Company's Business Segments

• Life Sciences : Life Science segment develops, manufactures, and markets instruments, systems, reagents, and consumables used for biological research, biopharmaceutical production processes and food testing regimes.
• Clinical Diagnostics : Clinical Diagnostics segment designs, manufactures, markets and supports test systems, informatics systems, test kits and specialized quality controls that serve clinical laboratories in the global diagnostics market.
• Others : Miscellaneous operations