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Techne Corporation Releases Unaudited Second Quarter And Six Month Fiscal Year 2013 Results
Date:2/5/2013

riods.

The Biotechnology segment includes sales made through R&D Systems' Biotechnology Division, R&D Europe, Tocris, R&D China, BiosPacific and Boston Biochem.  Biotechnology segment net sales were $69.6 million for the quarter ended December 31, 2012, a decrease of 0.3% from $69.8 million for the quarter ended December 31, 2011.  Biotechnology net sales were $139 million for the six-month period ended December 31, 2012, a decrease of 2.1% from $142 million for the six-month period ended December 31, 2011.  Biotechnology sales growth was 0.6% and declined 0.4% for the quarter and six month period ended December 31, 2012, respectively, excluding changes in foreign currency exchange rates.

The table below shows changes to the components of organic sales for the Biotechnology segment, from the same prior-year periods.Quarter Ended

Six Months Ended12/31/12

12/31/12U.S. industrial, pharmaceutical  and biotechnology

(5.2%)

(5.1%)U.S. academic

(3.9%)

(3.9%)Europe

2.4%

2.7%China

12.6%

16.5%Pacific Rim

3.3%

1.7%The Hematology segment includes sales made through R&D Systems' Hematology Division.  Hematology net sales for the quarter and six month period ended December 31, 2012 were $5.5 million and $11.0 million, increases of 12.4% and 8.2%, respectively, from the comparable prior-year periods.

The gross margin percentage was 73.6% in the quarter ended December 31, 2012 as compared to 73.9% in the comparable prior-year quarter.  For the six-month period ended December 31, 2012 the gross margin percentage declined to 73.8% from 74.6% in the comparable prior-year period. Gross margins adjusted for costs recognized upon sale of acquired inventory and amortization of intangible assets were 76.2% and 77.3% for the quarters ended December 31, 2012 and 2011, respectively, and 77.3% and 78.2% for the six-month
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