Good afternoon, and thank you all for joining us. I would now like to hand the conference over to your speaker today, Director for Investor Relations, Kevin Han. Ladies and gentlemen, thank you for standing by, and welcome to the Third Quarter 2020 Bio-Rad Laboratories Incorporated Earnings Conference Call. Norman Schwartz - Chairman, CEO & PresidentĪnnette Tumolo - EVP & President, Life Science Group ( NYSE: BIO) Q3 2020 Earnings Conference Call Octo6:00 PM ET Don’t forget to subscribe to the Spiking Weekly Letter as well to get noteworthy investing tidbits.Bio-Rad Laboratories, Inc.
NORMAN SCHWARTZ BIO RAD FOR ANDROID
Just download its FREE mobile app: for Android on Google Play, or for Apple on iTunes today. You can invest privately! With Spiking by your side, you can keep track of the latest stock spiking on both bourses through your smartphone. You don’t have to own a company to invest in the New York Stock Exchange or Nasdaq. You can track the Portfolio of Alice Schwartz on the US stock market at. She has received many accolades and awards in recognition of her role in healthcare. Her net worth in May 2017 was $950 million when Forbes listed her among the top self-made women globally. His widow Alice is now 91 but remains on the board of Bio-Rad with her son Norman assuming his late father’s roles. Bio-Rad may have been founded out of some jokes at a bridge came but it is certainly bridging the healthcare gap between the developed and developing the world.īio-Rad President, CEO and Chairman of Board, David Schwartz held the position until his death until his death in 2012 at 88 years. Inspiring innovation and selling advanced healthcare products has not only made hers a famous name, it has literally changed the healthcare sector in numerous countries across the globe. The self-made woman has indeed earned a place in the male-dominated world of biotech, and she never seems wary of treading on paths never explored. She is the sole trustee of David and Alice N. She has served as a Research Associate for the University of California between 1972 to 1978. Her life may have been dedicated to Bio-Rad Laboratories - Director since 1967, but she has served other companies in different capacities. She lives in El Cerrito California and was blessed with two children. The company continues to flow with the wave of innovation, always shifting focus from nuclear to aerospace to electronics and biotech.Īlice’s private life may be hidden from the public eye but her iconic stature says it all. They got it approved by the California Corporations Commission before offering the shares to their customers who they believed understood their business best. Not being a family that does things the traditional way, David and Alice drafted the offering document themselves. In 1966, Bio-Rad finally broke the $1 million mark and went public. They are famed globally for providing innovative and effective products including 10,000 clinical diagnostics and life science research products. Today, Bio-Rad Laboratories is a global player in the healthcare industry boasting $2 billion in revenue. They offer an HIV test that analyses antigens and antibodies for early virus detection as well as a screening kit for cancerous genetic mutation. Some of the company’s initial products were ion exchange resins and the test kit for the mad-cow disease was a major hit. Tobacco mosaic virus didn’t do well but the pair also made other products that were a huge success.
They took it seriously and launched Bio Rad Laboratories or Bio Rad as it is commonly called. It wasn’t available in the market and took too long to make so Alice thought it would be nice if they made and sold it to scientists and healthcare professionals. The idea to launch the biotech company came to Alice during a bridge game when players were joking about the absence of products like tobacco mosaic virus which she was using to conduct research. This is where she met her husband David a chemistry student with whom she founded Bio-Rad Laboratories in 1952. Schwartz studied biochemistry at University of California Berkeley (UC Berkeley).
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