Bio-Rad LSG: Why doesn't anyone here talk about it?

Have they become that irrelevant in the industry, or are they that perfect?

"Here is why BioRad LSG

"Here is why BioRad LSG products are garbage:

Cutting corners in manufacturing as a company policy to pocket more money for owner.

So how long before the owner gives up on LSG and dump it? Clearly the diagnostic side is the future of the company."

It seems half of folks working at manufacturing can't even speak English. There is not a single PhD working there. Basically, they are only capable of producing craps designed by inexperienced R&D team.

I am happy to be out of toxic

I am happy to be out of toxic environment too.

Very happy to be out of that

Very happy to be out of that Bio-Rad LSG. Very toxic environment, managers all trying to protect their turf, weak leadership, and a very internal focus. Unless they have some changes at the top and come up with a new strategy, they will continue the slow fade into obscurity.

"Top line revenue barely

"Top line revenue barely achieving positive growth."

2009 was a negative growth. The revenue level of 2010 was about the same as 2008. Which means LSG lost market share by double digit in last 2 years.

Measures such as totally get rid off SELDI might happen soon?

LSG is collapsing from

LSG is collapsing from within. Layoffs, firings, incompetence all around. Top line revenue barely achieving positive growth.

Here is why BioRad LSG

Here is why BioRad LSG products are garbage:

Cutting corners in manufacturing as a company policy to pocket more money for owner.

So how long before the owner gives up on LSG and dump it? Clearly the diagnostic side is the future of the company.

 

 

 

Here is why BioRad LSG

Here is why BioRad LSG products are garbage:

Cutting corners in manufacturing as a company policy to pocket more money for owner.

" Life Science segment gross margins in 2010 improved from 2009 by approximately 2.4%.
The increase was primarily due to improved manufacturing overhead absorption, reduction in costs and a favorable product mix toward higher margin products. "
"Life Science segment gross margins improved in 2009 compared to 2008 by 0.1%. The improvement was the result of better manufacturing overhead absorption from a reduction in costs, the move of new products to more cost efficient off-shore manufacturing, and sales mix favoring higher margin reagents rather than instruments with typically lower margin"

Here is my BioRad LSG

Here is my BioRad LSG products are garbage:

Cutting corners in manufacturing as a company policy to pocket more money for owner.

" Life Science segment gross margins in 2010 improved from 2009 by approximately 2.4%.
The increase was primarily due to improved manufacturing overhead absorption, reduction in costs and a favorable product mix toward higher margin products. "
"Life Science segment gross margins improved in 2009 compared to 2008 by 0.1%. The improvement was the result of better manufacturing overhead absorption from a reduction in costs, the move of new products to more cost efficient off-shore manufacturing, and sales mix favoring higher margin reagents rather than instruments with typically lower margin"

"Big news, China biggest

"Big news,
China biggest distributor Yuanye was bribing all AP managers and China LSG managers from 2007 to 2010. China LSG division manager had been laid off at Oct.2010, who is the next one?
"

BR is a garbage life science company in USA. It will be a shame for Chinese researchers to use their over-priced, low quality products.

"The managers were either

"The managers were either idiots, micromanagers who can't deal with independent thought, or those who insulate themselves with yes-men."

Well said!

Big news, China biggest

Big news,
China biggest distributor Yuanye was bribing all AP managers and China LSG managers from 2007 to 2010. China LSG division manager had been laid off at Oct.2010, who is the next one?

"The Life Science segment net

"The Life Science segment net sales for the fourth quarter were $192.9 million, up 1.0% compared to the same period last year. On a currency-neutral basis, Life Science segment sales increased by 2.2%. Full-year reported revenues for the Life Science segment were $648.1 million, up 2.6% over the prior year, or an increase of 2.2% on a currency-neutral basis"

Currency-neutral is not the same as inflation adjusted.

If fact in inflation in Q1 2011 about 5%, actually 2 to 3% decrease for LSG in 2010.

Fact in the 5% inflation, LSG

Fact in the 5% inflation, LSG actually decreased 2 to 3% in 2010.

Those numbers ARE adjusted for inflation. That's reporting convention.

Fact in the 5% inflation, LSG

Fact in the 5% inflation, LSG actually decreased 2 to 3% in 2010.

The annual financial reports,

The annual financial reports, due tomorrow, will provide a real insight into how LSG has per performed in 2010. Any growth at all?
According to their 8K filing LSG grew at a meager 2% year over year. Compared to LifeTech which grew revenue at 9%. The incompetent morons at LT can accomplish 9%, which makes LSG look like it is run by even more incompetent morons. Even in this economy an idiot can invest and make more than 2.2%.
LSG can make lots of excuses but BC must be running out of time before his head is on the chopping block.
This group is full of managers that are paranoid, delusional, and in over their heads. They blame their woes on external forces and ex-employees who they believe are out to get them, when in reality former employees are just glad to be out of LSG. LSG managers are a bunch of pu**ies.
They can't recruit talent from outside that is not incompetent or a total nightmare of a manager. HR is run by a fool that kowtows to managers who just drive people out with moving targets for improvement. If you're ever brought in to talk to HR with your manager, just leave because they're never honest, it's just a formality. Saw that happen to many people who were good at their jobs, but the manager was in cahoots with LC, HR manager. The managers were either idiots, micromanagers who can't deal with independent thought, or those who insulate themselves with yes-men. Good people move upwards into management and become complete jerks since that is their peer group.
LSG now looks like it's only about one-third of total Bio-Rad business. Why does the company even hold onto this business? It should be sold off to a willing buyer who could then fire the managers, kill half the products that aren't profitable, and customers and shareholders would not notice much.

The annual financial reports,

The annual financial reports, due tomorrow, will provide a real insight into how LSG has per performed in 2010. Any growth at all?

A company sliding into

A company sliding into obscurity along with its people.

Janitors are illegal

Janitors are illegal immigrants.

Do you people even work for

Do you people even work for Bio-Rad ?
Do you? If so, tell us what is good, bad, downright ridiculous.

Do you people even work for

Do you people even work for Bio-Rad ?

RP is the worst type of R&D

RP is the worst type of R&D management: His PhD degree and his title made him to believe that he was the smartest person at LSG. All he cared was whether anybody dare to challenging his leadership/smartness. The net result was a lot of dumb decisions were made, while he get a lot of bonuses.

Only at BioRad, he can last this long.

What had happened or will happen to his hand picked YES men such as: LL or MU?

At LSD, SH or RP is worse? RP

At LSD, SH or RP is worse?
RP is gone as are others. LSG is losing through choice and volunteers key people. It is an imploding mess of incoherent strategies, meaningless slogans, and lame products. Can't wait to see the earnings call. Hope my stock doesn't tank. Go CDG, it's the only thing holding up the company.

Beat the Crap out of Life was

Beat the Crap out of Life was brilliant. Lol.

So what sweeping new

So what sweeping new strategies have been announced at the January sales mtg? How are the 2011 lsg numbers looking so far?

At LSD, SH or RP is worse?

At LSD, SH or RP is worse?

Life at LSG is a

Life at LSG is a changin',
Don't count on a stayin'.
Peoples' divisions are rearranging,
And there's little chance of remaining
If you work for LSD ladies with a hatchet,
You might as well pack it.

Some ABI people filled some

Some ABI people filled some top jobs a few years ago too. Let's see what happens. Oh wait, we already did.

Some GE people filled some

Some GE people filled some top jobs in sales recently. We'll see what that brings...

"How did LSG do in 2010?

"How did LSG do in 2010? Single digit growth and flat for currency adjustment? How's that net profit contribution doing? At NS's goal of 15% yet? I can hear the crickets chirping already."

If NS sell LSG, then invest in mutual fun or oil, it's almost effortless to get 15% return.
NS is too stupid or too lazy?

How did LSG do in 2010?

How did LSG do in 2010? Single digit growth and flat for currency adjustment? How's that net profit contribution doing? At NS's goal of 15% yet? I can hear the crickets chirping already.

Who cares how much the dorks

Who cares how much the dorks get for a bonus. It's the same at all companies. Better to be asking about their obvious lack of leadership.

How much bonus management

How much bonus management will get this time?
For example,
Will BC get 500K,
KB, SH get 200K,
RP get 100k, etc??

These managers are devils, but they get tons of money for sure!

summer interns = cheap labor

summer interns = cheap labor

I can't agree more. You'll

I can't agree more. You'll never know when she(KB)is going to stab you in the back. I just stay away from her when I can, if I can.

Add HA and VK from EU IT.

Add HA and VK from EU IT. Managers get sick & demotivated while they try to build their Kingdoms and KB is either not recognizing or doing anything against it.

BC is overpaid? How about KB

BC is overpaid? How about KB of Corp IT? That woman does not have a clue about running a department. She is incompetent, non-technical, ineffectual and has the worst soft skill ever. She is cruel, rude and heartless. I can see Adolf Hitler on her.

"NS is not likely to 'wise

"NS is not likely to 'wise up' he is not a leader and BC is so deeply dug in, like the overpaid tick that he is, all they can do is wait until he retires or moves on. Bio-Rad life science will continue to sputter along, but nothing great will come from them."

PM was kicked out by RP etc. not long ago.
When DS die will be the time bomb for BioRad.

NS is not likely to 'wise up'

NS is not likely to 'wise up' he is not a leader and BC is so deeply dug in, like the overpaid tick that he is, all they can do is wait until he retires or moves on. Bio-Rad life science will continue to sputter along, but nothing great will come from them.

Will not affect bonus. BC

Will not affect bonus. BC will still get his half million or so.
BC is so not worth his salary or bonus. When will NS wise up? LSG has become a joke among its industry peers.

"What's the latest on

"What's the latest on Biorad's trouble with the State Department on the sale of tests to Iran without proper authorizations"

Will not affect bonus. BC will still get his half million or so.

What's the latest on Biorad's

What's the latest on Biorad's trouble with the State Department on the sale of tests to Iran without proper authorizations?

Any recent layoffs?

Any recent layoffs?

What excitement happened at

What excitement happened at the sales meeting? Same old stuff; i.e. no new products that will generate any substantial revenue increase?

The Arabic character thing

The Arabic character thing might related to Bionfind down time.

Fantastic....you still using

Fantastic....you still using your Arabic fonts copied and linked to porno sites.....nice way to communicate your frustration about a great company...sorry about you my friend.

"mid-level puppets" don't

"mid-level puppets" don't care about end results. They have their own agenda: to survive and advance.

For example, RP at LSD managed to kicked off couple of his bosses peers such as PM and NC. And much more worked under him.

Nice comment "Mgt & mid-level

Nice comment

"Mgt & mid-level puppets do not understand these markets or sales cycles."

This describes quite a few Bio-Rad people, they did not let that many people go!

Mgt & mid-level puppets do

Mgt & mid-level puppets do not understand these markets or sales cycles.

BC would have killed both

BC would have killed both SELDI and Proteon if it was up to him. They both got forced on him by the family. Both are money losers.

So who got let go recently?

So who got let go recently? Any major changes?

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