Bio-Techne Corp - Common Stock (TECH)
Competitors to Bio-Techne Corp - Common Stock (TECH)
Agilent Technologies A -5.17%
Agilent Technologies competes with Bio-Techne by providing various analytical instruments, reagents, and consumables designed for life sciences research. Agilent’s strengths lie in their advanced technological capabilities in genomics and proteomics, enabling them to cater to a larger array of scientific applications. Their established reputation in mass spectrometry and chromatography gives them competitive leverage, especially in analytical and diagnostic markets.
Merck KGaA (MilliporeSigma)
Merck KGaA, specifically through its MilliporeSigma division, is a significant competitor, offering a wide range of biotechnology products, including reagents, kits, and lab materials. The company competes with Bio-Techne by leveraging its large-scale production capabilities and extensive distribution network, allowing for cost-effective pricing and quicker product delivery. This scale can provide Merck KGaA with a competitive advantage over Bio-Techne in terms of affordability and availability of products.
R&D Systems (a part of Bio-Techne)
While it's a part of Bio-Techne, R&D Systems operates as a significant brand within the company and can be viewed as a competitor from a market perspective, particularly against external brands. R&D Systems offers an extensive catalog of proteins, antibodies, and kits that meet stringent quality and performance standards, creating a competitive but synergistic dynamic within Bio-Techne's overall strategy. Its innovative product development and reputation for quality give it considerable influence within the broader market.
Thermo Fisher Scientific TMO -4.16%
Thermo Fisher Scientific is a major competitor in the life sciences and biotechnology sector, offering a broad portfolio of reagents, instruments, and consumables that cater to research and clinical applications. While Bio-Techne focuses on developing high-quality protein reagents and specialty assays, Thermo Fisher provides a wider range of integrated solutions, from sample collection to analysis, giving them a competitive edge in terms of product breadth and market reach.