Bio-Rad Laboratories, Inc. engages in the development and production of specialty chemicals used in biochemical, pharmaceutical, and other life science research applications. The company manufactures and supplies the life science research, healthcare, analytical chemistry and other markets with a range of products and systems used to separate complex chemical and biological materials and to identify, analyze, and purify their components. Segments The company operates in two segments Life Science and Clinical Diagnostics. Life Science Segment This segment discovers and creates advanced tools to answer complex biological questions. The company develops, manufactures and markets a range of approximately 5,000 reagents, apparatus and laboratory instruments that serve a global customer base. Many of the company’s products are used in established research techniques, biopharmaceutical production processes and food testing regimes. These techniques are typically used to separate, purify and identify biological materials, such as proteins, nucleic acids and bacteria within a laboratory or production setting. The company focuses on selected segments of the life sciences market in proteomics (the study of proteins), genomics (the study of genes), biopharmaceutical production, cell biology and food safety. The company’s principal life science customers include universities and medical schools, industrial research organizations, government agencies, pharmaceutical manufacturers, biotechnology researchers, food producers and food testing laboratories. Clinical Diagnostics Segment This segment designs, manufactures, sells and supports test systems, informatics systems, test kits and specialized quality controls that serve clinical laboratories in the global diagnostics market. Its products address specific niches within the in vitro diagnostics (IVD) test market. The company supplies approximately 3,000 different products that cover approximately 300 clinical diagnostic tests to the IVD test market. IVD tests are conducted outside the human body and are used to identify and measure substances in a patient’s tissue, blood or urine. The company’s products consist of reagents, instruments and software, typically provided to its customers as an integrated package to allow them to generate reproducible test results. The company’s principal clinical diagnostic customers include hospital laboratories, reference laboratories, transfusion laboratories and physician office laboratories. Sales and Marketing The company conducts its worldwide operations through a direct sales force and service network. Its worldwide customer base includes university and research institutions, providing it access to approximately 150,000 scientists in the U.S. alone; hospital, public health and commercial laboratories; other diagnostic manufacturers; and companies in the biotechnology, pharmaceutical, chemical and food industries. Competition The company’s competitors include GE Biosciences; Life Technologies; Merck Millipore; Thermo Fisher Scientific; Roche; Abbott Laboratories (Diagnostic Division); Siemens Medical Diagnostics Solutions; Danaher; Becton Dickinson; bioMerieux; Ortho Clinical Diagnostics; Tosoh; Immucor; and DiaSorin. Research and Development The company spent approximately $211.0 million on research and development activities in 2013. Regulatory Matters The development, testing, manufacturing, marketing, post-market surveillance, distribution, advertising and labeling of certain of the company’s products (primarily diagnostic products) are subject to regulation in the United States by the Center for Devices and Radiological Health of the United States Food and Drug Administration and in other jurisdictions by state and foreign government authorities. As a multinational manufacturer and distributor of sophisticated instrumentation, the company must meet a range of electromagnetic compatibility and safety compliance requirements to satisfy regulations in the United States, the European Community and other jurisdictions. History Bio-Rad Laboratories, Inc. was founded in 1952. The company incorporated in 1957.
bio-rad laboratories-a (BIO:New York)
1000 Alfred Nobel Drive
Hercules, CA 94547
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