BIO-TECHNE Corp (TECH) company profile
Close on Nov 11, 2026Market cap $11.43BP/E 66.8Yield 0.44%
About Bio-Techne
Biological Products, (No Diagnostic Substances), SIC 2836
Bio-Techne Corporation develops, manufactures, and sells life science reagents, instruments, and analytical services across research, diagnostic, and bioprocessing markets. Operating through its Protein Sciences and Diagnostics and Spatial Biology segments, the company offers specialized proteins, antibodies, small molecules, manual and automated protein analysis tools, spatial genomic assays, and clinical diagnostic controls and calibrators. Its products serve academic and industrial researchers, pharmaceutical and biotechnology companies, contract research organizations, diagnostic developers, and clinical testing laboratories worldwide.
Headquartered in Minneapolis, Minnesota, the company operates globally with offices throughout North America, Europe, and Asia. Bio-Techne employs approximately 3,000 people and manufactures the majority of its portfolio across multiple locations in North America, as well as sites in the United Kingdom, Canada, Switzerland, and China.
Summary of the business section of Bio-Techne's latest annual report, written by StockData.
Company profile
Company
- Legal name
- BIO-TECHNE Corp
- Founded
- 1976
- Headquarters
- Minneapolis, MN
- Address
- 614 Mckinley Place Ne
- Phone
- (612) 379-8854
- Website
- www.bio-techne.com
- Employees
- 3,000, Jun 30, 2026
- Industry
- Biological Products, (No Diagnostic Substances)
- Incorporated in
- Minnesota
- Fiscal year ends
- June 30
- Auditor
- KPMG LLP, Minneapolis, Minnesota
Stock & identifiers
- Ticker
- TECH
- Exchange
- Nasdaq
- IPO date
- Feb 9, 1989
- Shares outstanding
- 157M, Oct 9, 2026
- Public float
- $9.10B, Dec 31, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 4-for-1, Nov 30, 2022; 2-for-1, Dec 4, 2000; 2-for-1, Nov 18, 1997
- SEC CIK
- 842023
- CUSIP
- 09073M104
- ISIN
- US09073M1045
- FIGI
- BBG000C15114
- Share class FIGI
- BBG001S66C28
- LEI
- 54930073RLKQ51TILZ35
- EIN
- 41-1427402
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Kim Kelderman | Chief Executive Officer, Director | 80,509 |
| James Hippel | CFO | 176,720 |
| William Geist | PRESIDENT, PROTEIN SCIENCES | 25,031 |
| Shane Bohnen | SVP - General Counsel | 10,407 |
| Steven C. Crouse | President - Diag & Spatial Bi | 10,237 |
| Matthew McManus | President - Diag & Spatial Bio | 7,691 |
| Robert V. Baumgartner | Director | 59,634 |
| John L. Higgins | Director | 80,004 |
| Amy E. Herr | Director | 6,006 |
| Julie L. Bushman | Director | 11,525 |
| Alpna Seth | Director | 18,161 |
| Rupert Vessey | Director | 13,737 |
| Judith V. Klimovsky | Director | 6,532 |
| Joseph D. Keegan | Director | 18,161 |
| Roeland Nusse | Director | 44,559 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Keldeman | – | $2.47M | $3.75M | $79 | $104 |
| FY2025 Kelderman | $8.15M | $2.47M | $3.75M | $79 | $104 |
| FY2025 Kummeth | $0 | $0 | $3.75M | $79 | $104 |
| FY2024 Keldeman | – | $2.83M | $3.30M | $110 | $131 |
| FY2024 Kelderman | $2.64M | $2.83M | $3.30M | $110 | $131 |
| FY2024 Kemmeth | – | $4.82M | $3.30M | $110 | $131 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Option awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Kim Kelderman President and CEO | $936.00K | $3.93M | $1.93M | $1.32M | $33.47K | $8.15M | +19% |
| James Hippel Executive Vice President and CFO | $723.00K | $4.45M | $907.27K | $926.16K | $17.93K | $7.03M | +35% |
| William Geist President, Protein Sciences | $573.20K | $1.21M | $593.45K | $748.03K | $18.04K | $3.14M | -14% |
| Matthew McManus President, Diagnostics and Spatial Biology | $572.00K | $1.21M | $596.70K | $444.79K | $19.94K | $2.85M | +43% |
| Shane Bohnen Senior Vice President and General Counsel | $431.00K | $767.58K | $377.50K | $386.48K | $18.18K | $1.98M | +36% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“Through its subsidiaries, Bio-Techne employed approximately 3,000 full-time and part-time employees as of June 30, 2026, of whom approximately 2,200 were employed in the U.S.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 20, 2026 | Merger vote | Definitive merger proxy statement |
| Aug 2, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 29, 2017 | Late filing | Notification of late filing |
| Oct 14, 2016 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 2, 2016 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 28, 2014 | Name change | Name changed from TECHNE CORP /MN/ to BIO-TECHNE Corp |
| Oct 16, 2014 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 1, 2014 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jul 8, 2011 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 4, 2011 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 10, 2004 | Late filing | Notification of late filing |
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