For the fourth quarter, Bio-Rad posted net sales of $789 million, an increase of 26.5% compared with sales of $624 million in the same period the year before. The company's net income for the most recent period was $839 million, compared with income of $554 million in the fourth quarter of fiscal 2019.

For the full fiscal year, the company's revenue was $2.546 billion, up 10.1% compared to $2.312 billion. The company's net income for the year amounted to $3.806 billion, compared with $1.759 billion in 2019.

By segment, Life Science net sales for the fourth quarter were $429 million, an increase of 77.1% compared with the same period in 2019. Clinical Diagnostics sales, on the other hand, decreased 5.1% in the fourth quarter compared with 2019 numbers, amounting to $360 million.

In other Bio-Rad news, the U.S. Food and Drug Administration (FDA) granted the firm an emergency use authorization (EUA) for a COVID, influenza A, and influenza B reverse-transcription polymerase chain reaction (RT-PCR) syndromic multiplex test. The test runs on Bio-Rad's CFX quantitative (q)PCR platforms as well as on qPCR systems from other providers.

Bio-Rad wins appeal in 10x Genomics patent infringement ruling
Bio-Rad Laboratories said that the U.S. Court of Appeals for the Federal Circuit has affirmed a lower court ruling that 10x Genomics had willfully infringed...

Bio-Rad's Q2 revenue drops
Bio-Rad Laboratories reported that the COVID-19 pandemic negatively impacted its revenue for the second quarter as well as for the first half of the year.

Bio-Rad posts increased Q1 revenue during pandemic
For the quarter revenue increased to $571.6 million, compared with $554 million in the first quarter of 2019. Meanwhile, net income in the first...

Bio-Rad acquires single-cell analysis company
Bio-Rad Laboratories has acquired Celsee, a company that offers instruments and consumables for single-cell analysis.