Business Model

• Growth, Profitability and Leadership

BASE BUSINESS
We have built our business with a balanced combination of profitability and growth. We have a strong base business of specialized products used in a wide range of life science research applications. These products are typically well established in fairly mature markets with above average, but not spectacular, growth rates. We have many well established brand names that, although not widely known outside their niches, are often leaders within them. These names include: Harvard Apparatus, Biochrom®, Warner Instruments, Clark Electromedical Instruments, Hugo Sachs Elektronik, BTX, BioRobotics, Hoefer, Panlab, KD Scientific, and Denville Scientific. These well-established brands are sold through well-established distribution channels. Most of our products for ADMET screening are sold through the Harvard Apparatus catalog - the first edition of which was in 1901. Most of our products for DNA, RNA and protein analysis are sold through our partnership with GE Healthcare - one of the world’s largest life science companies.

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