Company Background Information: R&D Systems was founded in 1976 in Minneapolis, MN. It is a wholly owned subsidiary of TECHNE Corporation ("TECH" symbolon NASDAQ). R&D Systems has two operating divisions: Biotechnology which manufactures controls and calibrators for hematology analyzers. R&D Systems (HK) Limited is a wholly owned subsidiary of R&D Systems. Nature of Business: R&D Systems (HK) Limited provides products, marketing, and technical support to customers and distributors in Hong Kong, singapore and Southeast Asia.