Bio-Techne Corp makes reagents, proteins and other biological research tools used by scientists in academic, pharmaceutical and biotechnology laboratories to study cell biology and develop new therapies. Its products include specialized proteins, antibodies and other biological reagents that researchers need for cell biology experiments, drug discovery research and diagnostic test development, essential inputs for laboratories conducting life sciences research. Bio-Techne's revenue is tied to overall life sciences research spending, particularly in academic institutions and pharmaceutical and biotechnology companies conducting drug discovery and development research. The company's business benefits from ongoing growth in biotechnology research funding and the increasing complexity of biological research techniques that require specialized reagents and tools beyond what researchers can easily produce themselves.