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Bio-Rad Labs Awarded with Customer Value Enhancement Award in the Drug Discovery Technology Market - Frost & Sullivan announced today that it selected Bio Rad Laboratories, Inc., (AMEX: BIO and BIOb) as the recipient of the annual 2006 Frost & Sullivan Award for Customer Value Enhancement in the drug discovery technologies markets
Bio-Rad Labs Awarded with Customer Value Enhancement Award in the Drug Discovery Technology Market

 

PRZOOM - /newswire/ - Palo Alto, CA, United States, 2007/05/21 - Frost & Sullivan announced today that it selected Bio Rad Laboratories, Inc., (AMEX: BIO and BIOb) as the recipient of the annual 2006 Frost & Sullivan Award for Customer Value Enhancement in the drug discovery technologies markets.

   
 
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Each year, Frost & Sullivan presents this Award to the company that demonstrated an ability to expand its customer base, while maintaining its existing installed base, with more innovative value and enhancement strategies than its competitors.

The Award recognizes Bio Rad’s Life Science Group’s customer acquisition and service strategies, and the degree in which these strategies have met customers’ needs and requirements.

“Bio-Rad has earned a reputation for providing its customers an extensive and diverse set of life science products that provide laboratories ways to improve testing methods, maximize efficiencies, and lower costs," said Frost & Sullivan Industry Analyst Jonathan Witonsky. “As a result, Bio Rad continues to find success acquiring new customers and providing its installed base excellent service and value.”

Bio-Rad’s Life Science Group develops, manufactures and markets a wide range of laboratory instruments, apparatus, and consumables used for research in functional genomics, proteomics, and food safety.

The group ranks among the top 5 life science companies worldwide, and maintains a solid reputation for quality, innovation, and commitment to its customers.

Bio-Rad’s life science products are based on technologies used to identify, separate, purify, and analyze biological materials such as proteins and DNA. Some of these technologies include electrophoresis, imaging, multiplex immunoassay, chromatography, microbiology, bioinformatics, protein function analysis, transfection, amplification, and real-time PCR.

Bio-Rad’s products support researchers in laboratories around the world.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About Bio-Rad Laboratories

Bio-Rad Laboratories, Inc. (bio-rad.com), has remained at the center of scientific discovery for more than 50 years manufacturing and distributing a broad range of products for the life science research and clinical diagnostics markets. The company is renowned worldwide among hospitals, universities, major research institutions as well as biotechnology and pharmaceutical companies for its commitment to quality and customer service. Founded in 1952, Bio-Rad is headquartered in Hercules, California, and serves more than 85,000 research and industry customers worldwide through its global network of operations. The company employs over 5,000 people globally and had revenues of nearly $1.3 billion in 2006.

About Frost & Sullivan

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

 
 
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Bio-Rad Labs Awarded with Customer Value Enhancement Award in the Drug Discovery Technology Market

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