LGC Biosearch Technologies (Douglas Scientific)

LGC Biosearch Technologies (Douglas Scientific) Overview

Company Headquarters: Petaluma, US

Founded: 1993

Workforce: ~2,400

Company Working:

LGC Biosearch Technologies operates as a subsidiary of LGC Limited and acquired Douglas Scientific in the year 2016. LGC, Biosearch Technologies designs, manufactures and markets PCR reagents, custom genotyping assays, genomic services, gene editing, and NGS services, as well as workflow solutions. The company operates in three business segments, namely, products, technologies, and services. It is present in more than 22 countries and has seven manufacturing units along with the three service laboratories all over the world. LGC Biosearch Technologies is a subsidiary of LGC Limited. Hence, the provided financial information is of LGC Limited.

Strategy

LGC Biosearch Technologies strongly emphasizes on strategic collaborations as well as mergers & acquisitions to enhance its product portfolio. For the success of these products, the company invests in sales and marketing. Moreover, it focuses on maximizing the growth of its core product segments by investing in R&D.

Company Snapshot

$18,274M

Revenue

2,400

Employees

1993

Founded

Petaluma, US

Headquarters

SWOT Analysis

Strengths

Diverse product portfolio
High investment in R&D
Strong presence in the Americas and Europe

Weaknesses

Limited presence in developing countries

Opportunities

Strategic collaborations and acquisitions to increase the product portfolio and global footprint

Threats

Tough competition from prominent market players

Product Offering

LGC Biosearch Technologies (Douglas Scientific)
- PCR Kits and Reagents
- RNA FISH
- Custom Oligos
- Instruments and Consumables
- NGS Kits

Financial Performance

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