Qiagen NV (QGEN)

Qiagen N.V. (QGEN) is a research services and diagnostic company. It is one of the world's leading providers of technologies and products for the separation, purification and handling of nucleic acids (DNA/RNA). It offers a broad range of consumables and instruments which are sold to academic research markets and to pharmaceuticals and biotechnology customers in more than 40 countries. Qiagen also provides purification and testing solutions to applied testing markets such as forensics, animal or food testing, and pharmaceutical process control. Other applications for its products include molecular diagnostics, genetic vaccination, and gene therapy. The company has set up a joint venture with Becton, Dickinson and Company, called PreAnalytiX GmbH, which caters to the molecular diagnostic market. The purpose of this joint venture is to develop, manufacture, and market integrated systems for molecular diagnostic testing in association with Affymetrix's GeneChip technology. The company recently acquired Digene which further expands its molecular diagnostics business.

Qiagen has a comprehensive portfolio of more than 500 proprietary, consumable products and automated solutions for sample collection, nucleic acid and protein handling, separation, and purification and open and target- specific assays. The main product categories are Consumables and Instrumentation. The company also offers customized services, siRNA synthesis, whole genome amplification services, DNA sequencing, and non-cGMP DNA production on a contract basis.

Qiagen has subsidiaries in the U.S., Germany, the U.K., Switzerland, France, Japan, China, Australia, Canada, Norway, and several other countries with good sales potential. The company derives the bulk of its revenue from Europe, the U.S., and Japan. Based in Venlo, the Netherlands, it employs 2,662 people worldwide.

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