Bio-Techne Corp Selected Supplier of Research Antibodies

October 10, 2017

Bio-Techne Corp (TECH) said Thursday it has been selected to supply esearch antibodies under Lot 1 – Antibodies of the Southern Universities Purchasing Consortium (SUPC), Antibodies and Sera Framework Agreement for the United Kingdom (UK) Higher Education Sector.

The framework serves 6 major UK-based academic consortia across England, Scotland, and Wales and supports over 100 research centers. It was designed to select the best suppliers to partner with the consortia’s member universities and public sector research organizations.

UK consortia member institutions account for an estimated GBP40m a year in expenditure for antibodies.

The agreement runs until June 30, 2019, with an option for SUPC to extend a further two years to 2021.

Shares drifted slightly higher intraday, trading near the top end of their 52-week price range of $95.68 – $124.00

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By Bryan Smith

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