Qiagen NV (N:QGEN)
Business Focus: Biotechnology & Medical Research
| Sector: Healthcare | Industry: Biotechnology & Medical Research |
| Company Contact | |
| Address: | Hulsterweg 82 VENLO 5912 PL |
| Tel: | 49-2103-2911457 |
| Website: | https://www.qiagen.com |
| IR: | See website |
| Key People | ||
| Lawrence A. Rosen Independent Chairman of the Supervisory Board | Thierry Bernard Chief Executive Officer, Managing Director, Member of the Executive Board | Roland Sackers Managing Director, Chief Financial Officer, Member of the Executive Board |
| Business Overview |
| Qiagen NV is a holding company based in the Netherlands. The Company is engaged in providing Sample to Insight solutions that transform biological samples into molecular insights. Its Sample to Insight solutions integrate sample and assay technologies, bioinformatics and automation systems. Its sample technologies are used for isolating and preparing deoxyribonucleic acid (DNA), ribonucleic acid (RNA) and proteins from blood or other liquids, tissue, plants or other materials. Its assay technologies make these biomolecules visible for analysis, such as identifying the genetic information of a pathogen or a gene mutation in a tumor. Its bioinformatics solutions interpret data to provide actionable insights. The Company's automation platforms based on polymerase chain reaction (PCR), next-generation sequencing (NGS) and other technologies tie these together in molecular testing workflows from Sample to Insight. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Qiagen NV revenues decreased 8% to $1.97B. Net income decreased 19% to $341.3M. Revenues reflect Consumables and Related Revenues segment decrease of 9% to $1.73B, Instrumentation segment decrease of 5% to $239.1M, Asia, Pacific & Rest of the World segment decrease of 22% to $320.7M. Net income also reflects Foreign Exchange Gain/Loss decrease from $2.7M (income) to $5.8M (expense). |
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