Techne Corporation

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Founded in 1981, Techne Corporation is a holding company that operates two wholly owned subsidiaries, Research & Diagnostics Systems and Research & Diagnostics Systems Europe. R&D Systems, located in Minneapolis, is a specialty manufacturer of biological products. The company specializes in hematology and biotechnology applications. It develops hematology controls that monitor the accuracy of blood-analysis instrumentation in hospitals and clinical laboratories. R&D Systems also produces purified proteins, antibodies and assay kits for the research and diagnostic markets. The company s subsidiaries include Fortron Bioscience and BiosPacific. R&D Systems Europe sells and distributes biotechnology products internationally. Techne Corporation maintains its headquarters in Minneapolis, and is publicly traded on NASDAQ under the ticker symbol TECH.