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Valued at a market cap of $9.3 billion, Bio-Techne Corporation (TECH) is a global life sciences company providing tools and bioactive reagents for the research and clinical diagnostic communities. Based in Minneapolis, Minnesota, the company operates through Protein Sciences and Diagnostics & Genomics segments.
Companies worth between $2 billion to $10 billion are generally classified as “mid-cap stocks," and Bio-Techne fits this criterion perfectly. The company aids in drug discovery efforts and provides the means for accurate clinical tests and diagnoses with thousands of products in its portfolio.