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Techne Corporation

614 McKinley Pl Ne
Minneapolis, Minnesota 55413-2610
USA
tel: +1 6123798854
http://www.techne-corp.com/

Description

TECHNE Corporation is a holding company whose main operating subsidiary is R&D Systems, located in Minneapolis, Minnesota. Since 1976, R&D Systems has been making hematology controls, which are used to verify the accuracy of blood analysis instruments. Starting in the late 1980s, however, the company's developing Biotechnology Division began to eclipse the Hematology Division as the centerpiece of TECHNE's operations. The Biotechnology division manufactures specialized proteins, including antibodies and cytokines, that are used by scientists in research laboratories. TECHNE's products are used to investigate possible therapies for multiple sclerosis, wound healing, AIDS, and tumor growth. TECHNE is the world's leading manufacturer of cytokines, which are purified proteins that act as communicators between cells, stimulating or halting growth, or changing a cell's function. The company also sells assay kits, which are prepackaged kits used to test for the presence of a particular molecule. The Biotechnology Division now accounts for approximately 85 percent of TECHNE's revenues. The company has a subsidiary in England, R&D Systems Europe Ltd., that distributes TECHNE's products in Europe. R&D Systems Europe has a sales subsidiary in Germany known as R&D Systems GmbH. TECHNE's president, chairman, CEO, and treasurer is Thomas Oland, who first came to the company as a consultant in 1980. Oland's work ethic and stable, frugal management style are often cited as the basis for TECHNE's record of steadily increasing revenues for more than a decade.

Products

• Commercial physical research 
• Microbiology and virology diagnostic products 
• Pharmaceutical Preparation Manufacturing 
• Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)