Techne Corp. (TECH) has seen upward estimate revisions from Wall Street. For the year ending June 2009, Analyst forecasts of $2.93 per share were increased from $2.89 over the past 60 days.

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Techne Corporation develops and manufactures biotechnology products as well as hematology calibrators and controls primarily in the United States and Europe. It is a holding company, operating two subsidiaries, Research and Diagnostic Systems, Inc. (R&D Systems) of Minneapolis, Minnesota and R&D Systems Europe, Ltd. (R&D Europe) of Abingdon, England.

R&D Systems is a specialty manufacturer of biological products. It has two operating divisions, which are Hematology and Biotechnology. The Hematology Division develops and manufactures hematology controls, which are used in hospitals and clinical laboratories to check the accuracy of blood analysis instruments. The Biotechnology Division develops and manufactures biotechnology products including purified proteins (cytokines) and antibodies that are sold primarily to the research market, and

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Techne Corp. (TECH), a Zacks #1 Rank (“strong buy”), recently declared a quarterly dividend of 25 cents per share thanks to the company's solid performance. Techne is yielding 1.5%, which is well ahead of the industry average as most of the company's industry peers pay no dividend.

Company Description

Techne Corporation develops and manufactures biotechnology products as well as hematology calibrators and controls primarily in the United States and Europe. It is a holding company, operating two subsidiaries, Research and Diagnostic Systems, Inc. (R&D Systems) of Minneapolis, Minnesota and R&D Systems Europe, Ltd. (R&D Europe) of Abingdon, England.

R&D Systems is a specialty manufacturer of biological products. It has two operating divisions, which are Hematology and Biotechnology. The Hematology Division develops and manufactures hematology controls, which are used in hospitals and clinical laboratories to check the accuracy of blood analysis instruments. The Biotechnology Division develops and manufactures biotechnology products including purified

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