Bio-Rad Laboratories, Inc. Overview
Company Headquarters: California, US
Founded: 1952
Workforce: ~8,200
Company Working: Bio-Rad Laboratories, Inc (Bio-Rad) provides the healthcare industry with innovative and useful products that help life science researchers accelerate the discovery process and medical diagnostic labs obtain faster & better results. The company provides instruments, software, consumables, reagents, and content in the areas of cell biology, gene expression, protein purification, and protein quantitation. It also offers products for drug discovery & manufacture, food safety and environmental quality testing, and science education. Its products & solutions are based on technologies to separate, purify, identify, analyze, and amplify biological materials such as antibodies, proteins, nucleic acids, cells, and bacteria. The company operates through three business segments: clinical diagnostics, life science, and others. Moreover, the firm has a strong presence across North America, Europe, and Asia-Pacific.
Strategy
Bio-Rad Laboratories, Inc aims to create a genome editing tools pipeline, starting with ddPCR. Bio-Rad focuses on the development of high-quality and useful products catering to healthcare professionals to speed up the diagnostics process and help achieve better results. It also emphasizes offering high-value products and services that assist medical advancements and scientific research. It focuses on enhancing biopharma attention, increasing revenue growth through key product names, and continual portfolio reorganization. Moreover, it also seeks to increase topline and profitability by using cash for strategic acquisitions.



