BIO - Bio-rad Laboratories, Inc.

Bio-Rad Laboratories, Inc. is a leading global manufacturer and distributor of life science research and clinical diagnostics products. Operating primarily through two segments, the Life Science segment focuses on providing advanced tools and systems that assist in the separation, identification, and purification of complex biological materials. Its products are utilized across various sectors, including biopharmaceutical production, proteomics, genomics, and food safety, catering to a diverse customer base, including universities, medical schools, and industrial research organizations.

The Clinical Diagnostics segment specializes in developing and supplying test systems and reagents utilized in clinical laboratories for in vitro diagnostics (IVD). With a portfolio that encompasses several thousand products covering over 300 clinical tests, Bio-Rad aims to focus on high-margin and high-growth segments within the diagnostics market. Approximately 56% of the company's consolidated net sales are generated from this segment, reflecting its significant role in the global healthcare landscape. Having a robust international presence with sales channels across more than 35 countries outside the U.S., Bio-Rad combines innovation in research and development with extensive regulatory expertise to maintain compliance in various jurisdictions.