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Bio-Rad Laboratories

Company nameBio-Rad Laboratories
Company typePublic (NYSE - BIO)
IndustryLife science
Clinical Diagnostics
Founder(s)David and Alice Schwartz
HeadquartersHercules, California
Area servedWorldwide
Key peopleDavid Schwartz (Chairman)
Norman Schwartz (President and CEO)
Brad Crutchfield (Vice President and Group Manager, Life Science)
John Goetz (Vice President and Group Manager, Clinical Diagnostics)
Giovanni Magni (Vice President and International Sales Manager)
Christine Tsingos (Vice President and CFO)
Sanford S. Wadler (Vice President and General Counsel and Secretary)
Revenue(+)US$1.93B (FY 2010)
Operating income(+)US$284M (FY 2010)
Net income(+)US$185M (FY 2010)
Total assets(+)US$3.06B (FY 2010)
Total equity(+)US$1.54B (FY 2010)
EmployeesOver 6,800
DivisionsLife Science Research, Clinical Diagnostics, Process Separations, Spectroscopy, Food/Animal/Environment Testing, Life Science Education

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Bio-Rad Laboratories, Inc. Nyse - BIO, was founded in 1952 in Berkeley, California. The company was initially engaged in the development and production of specialty chemicals used in biochemical, pharmaceutical, and other life science research applications. Today, Bio-Rad manufactures and supplies life science research, healthcare, analytical chemistry, and other markets with products and systems used to separate complex chemical and biological materials and to identify, analyze, and purify their components.

Bio-Rad operates in two industry segments: Life Science Research and Clinical Diagnostics. Both segments operate worldwide. Bio-Rad’s customers include hospitals, universities, major research institutions, and biotechnology and pharmaceutical companies. Bio-Rad’s headquarters are in Hercules, California. The company has offices and facilities worldwide and more than 6,800 employees. Bio-Rad had revenues of more than billion in 2008. The company has been listed on the New York Stock Exchange since October 24, 2008. Before that, Bio-Rad was listed on the American Stock Exchange.

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