BioMerieux SA

BIM: XPAR (FRA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
€443.00TbrwkqSbsfhdklh

Narrow-Moat BioMerieux Having Banner Year; BioFire Remains Key Growth Driver

Business Strategy and Outlook

BioMerieux is a niche player in the fragmented in vitro diagnostic market and has specialty positioning in clinical and industrial microbiology and syndromic (multiplex) molecular diagnostics. With over EUR 3 billion in sales, BioMerieux is one of the largest global mid-cap diagnostic companies. In addition to microbiology and molecular, the company has an immunoassay diagnostic unit, giving it exposure to all types of in vitro diagnostics.

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