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About LGC Group
Industries
Biotechnology
Healthcare
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
London, United Kingdom
Founded
1841
Overview
LGC Group provides scientific tools and solutions that support advancements in healthcare and pharmaceuticals. Their products include oligo components, probes, primers, and recombinant viral materials, which are essential for detecting diseases and developing vaccines and therapies for various illnesses, including cancer and infectious diseases like COVID-19. LGC serves a wide range of clients, such as healthcare professionals and pharmaceutical companies, and generates revenue through the sale of these specialized tools and proficiency testing schemes that ensure food safety. What sets LGC apart from competitors is its strong focus on quality and innovation, which helps improve healthcare outcomes and contributes to a safer world.
Simplify's Take
What believers are saying
- Growing demand for nucleic acid-based diagnostics boosts LGC's market potential.
- AI integration in lab processes enhances LGC's efficiency in mass spectrometry and immunoassay.
- Acquisitions like DiaMex and Virusys strengthen LGC's clinical diagnostics portfolio.
What critics are saying
- Increased competition from emerging markets may impact LGC's market share.
- Rapid technological advancements could render LGC's products obsolete without innovation.
- Supply chain vulnerabilities could lead to production delays and increased costs.
What makes LGC Group unique
- LGC Group offers a comprehensive range of high-quality scientific tools and solutions.
- The company has a strong focus on nucleic acid chemistry and recombinant viral materials.
- LGC's proficiency testing schemes enhance food safety and healthcare outcomes globally.
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Benefits
Hybrid Work Options
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Company News
Graham B Jackson Pty Ltd (GBJPL), an Australian leader in reference materials, partners with the globally renowned LGC Group to supply high-quality CRMs to laboratories across the country.
For example, LGC Group introduced a proficiency testing (PT) service in April 2020 that uses nucleic acid amplification testing to identify SARS-CoV-2 (COVID-19).
UK-based LGC, an international life sciences measurement and tools company, has appointed Joydeep Goswami as president and CEO, succeeding Euan O'Sullivan, who decided to step down from his role in early 2024 after fourteen years of service.
London, UK – 4 December 2024 – LGC today announces an addition to its growing global clinical diagnostics and genomics portfolio, following the acquisition of DiaMex, a manufacturer of third-party serology and molecular quality controls used in clinical laboratories and blood banks across the world.
LGC acquires DiaMex to drive innovation and choice for core laboratory customers: acquisition complements LGC's serology and molecular quality control portfolio and enhances choice of products from a single supplier.
LGC Group is Hiring for 71 Jobs on Simplify!
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About LGC Group
Industries
Biotechnology
Healthcare
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
London, United Kingdom
Founded
1841
LGC Group is Hiring for 71 Jobs on Simplify!
Find jobs on Simplify and start your career today