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BINDER GmbH

Company Profile Analysis

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BINDER GmbH - Healthcare showcase

Year Founded & Workforce

1983

400 Employees

Industry

Healthcare

Services

Ultra-Low Temperature Freezers
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BINDER GmbH Employee Contacts

15 verified contactsNames, job titles, seniority and locations

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BINDER GmbH Overview

Company Headquarters: Tuttlingen, Germany

Founded: 1983

Workforce: 400

Company Working: BINDER GmbH is one of the world's largest producers of laboratory equipment. The products manufactured by the company include various microbiological incubators and heating ovens for scientific laboratories, environmental test chambers, and ovens for the industry, and CO2 incubators for cell biology and in-vitro fertilization. Its clients are Bayer, Aventis, BASF, Novartis, Schering Plough, Max Planck Institute, Bayer Pharma, Byk Gulden, Boehringer Ingelheim, DKFZ, Philip Morris Daimler, Bosch, Siemens, Kraft Food, Nestlé, Toyota, and many more. Geographically, the company operates from New York, Moscow, Hong Kong, and Shanghai.

Strategy

BINDER GmbH focuses on R&D, and the company continues to invest heavily in medical devices to improve its quality. Currently, it invests around 9% of its revenue in R&D. The company focuses on employing people who specialize in refrigeration and related skills.

Company Snapshot

400

Employees

1983

Founded

Tuttlingen, Germany

Headquarters

SWOT Analysis

Strengths

  • Expert in simulation chambers ​
  • Manufactures customized products on request​

Weaknesses

  • Low work force​
  • High R&D cost​

Opportunities

  • Increasing number of new research laboratories ​
  • Strategic tie-ups with other pharma companies to fuel its research & development activities

Threats

  • Strong competition from Tier 1 companies
  • Changing buyers’ preference​

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Key Developments

DateApproachDevelopment
February 2015Product ImprovementBINDER GmbH extended the free warranty period for the UF V series of ultralow temperature freezers. It increased the warranty period for five years.

Product Offering

  • BINDER GmbH
    • Ultra-Low Temperature Freezers

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