Bio-Techne Corp (TECH, Financial) announced on April 2, 2025, the expansion of its partnership with Leica Biosystems, a leader in anatomic pathology solutions. This collaboration enhances the capabilities of spatial biology research by automating Bio-Techne's RNAscopeā¢ Multiomic LS Assay and introducing protease-free workflows on Leica's BOND RX research staining instrument. This advancement allows for simultaneous detection of multiple RNA and protein biomarkers, preserving sample integrity and accelerating scientific discoveries.
Positive Aspects
- Enhancement of spatial biology research through automation of RNAscopeā¢ Multiomic LS Assay.
- Introduction of protease-free workflows, preserving RNA and protein integrity.
- Strengthened partnership with Leica Biosystems, a global leader in anatomic pathology solutions.
- Potential to accelerate scientific discoveries in translational and clinical research.
Negative Aspects
- The announcement is limited to research use only and not applicable for diagnostic procedures.
Financial Analyst Perspective
From a financial standpoint, the expansion of Bio-Techne's partnership with Leica Biosystems could potentially lead to increased revenue streams by enhancing the company's product offerings in the spatial biology market. The automation of the RNAscopeā¢ Multiomic LS Assay on the BOND RX platform may attract more academic and pharmaceutical clients, thereby boosting sales. Bio-Techne's reported net sales of $1.2 billion in fiscal 2024 could see further growth as the demand for advanced research tools increases.
Market Research Analyst Perspective
The collaboration between Bio-Techne and Leica Biosystems positions both companies favorably in the competitive spatial biology market. By automating complex assays and introducing innovative workflows, they address the growing demand for precision and scalability in life sciences research. This partnership not only strengthens their market presence but also aligns with the industry's shift towards integrated and automated solutions, potentially setting a new standard in spatial multiomics research.
Frequently Asked Questions
What is the main focus of the expanded partnership between Bio-Techne and Leica Biosystems?
The partnership focuses on automating Bio-Techne's RNAscopeā¢ Multiomic LS Assay and introducing protease-free workflows on Leica's BOND RX instrument to enhance spatial biology research.
What are the benefits of the RNAscopeā¢ Multiomic LS Assay?
It enables simultaneous detection of up to six RNA and/or protein biomarkers on the same slide, preserving RNA and protein integrity while maintaining tissue morphology.
Is the new workflow applicable for diagnostic procedures?
No, the new workflow is for research use only and not intended for diagnostic procedures.
Read the original press release here.
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