MINNEAPOLIS, Feb. 3 Techne Corporation(Nasdaq: TECH) announced that its Board of Directors has approved a dividendpayment of $0.25 per share for the quarter ended December 31, 2008. Thequarterly dividend will be payable February 27, 2009 to all commonshareholders of record on February 13, 2009. Future cash dividends will beconsidered by the Board of Directors on a quarterly basis.
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Techne Corporation has two operating subsidiaries: Research and DiagnosticSystems, Inc. (R&D Systems) of Minneapolis, Minnesota and R&D Systems Europe,Ltd. (R&D Europe) of Abingdon, England. R&D Systems is a specialtymanufacturer of biological products. R&D Systems has two subsidiaries,BiosPacific, Inc. (BiosPacific), located in Emeryville, California and R&DSystems China Co. Ltd., (R&D China), located in Shanghai, China. BiosPacificis a worldwide supplier of biologics to manufacturers of in vitro diagnosticsystems and immunodiagnostic kits. R&D China and R&D Europe distributebiotechnology products.
SOURCE Techne Corporation