12208--3/3/2006--BIO_RAD_LABORATORIES_INC

related topics
{regulation, government, change}
{debt, indebtedness, cash}
{product, market, service}
{operation, international, foreign}
{system, service, information}
{operation, natural, condition}
{competitive, industry, competition}
{control, financial, internal}
{stock, price, operating}
{personnel, key, retain}
{property, intellectual, protect}
{acquisition, growth, future}
{financial, litigation, operation}
The industries and market segments in which we operate are highly competitive, and we may not be able to compete effectively with larger companies with greater financial resources than we have. We have significant international operations which subject us to various foreign risks such as general economic and market conditions in the countries in which we operate. We are dependent on government funding and the capital spending policies of our customers, and the effect of potential healthcare reform on government funding and our customers ability to purchase our products is uncertain We derive a portion of our profits from our tests for mad cow disease. Our failure to improve our product offerings and develop and introduce new products may negatively impact our business. If we experience a disruption of our information technology systems, or if we fail to successfully manage and integrate our information technology and reporting systems, it could harm our business. Risks relating to intellectual property rights may negatively impact our business We are subject to substantial government regulation. We are currently subject to environmental regulations and enforcement proceedings We cannot assure you that we will be able to integrate acquired companies, products or technologies into our company successfully. Loss of key personnel could hurt our business. A significant majority of our voting stock is held by the Schwartz family, which could lead to conflicts of interest. Our business could be adversely impacted if we have deficiencies in our disclosure controls and procedures or internal control over financial reporting. Terrorist attacks or acts of war may cause damage or disruption to us and our employees, facilities, information systems, security systems, vendors and customers, which could significantly impact our net sales, costs and expenses, and financial condition. We have substantial debt and have the ability to incur additional debt. The principal and interest payment obligations of such debt may restrict our future operations and impair our ability to meet our obligations under the notes. The agreements governing our debt impose restrictions on our business.

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