Tuesday, April 3, 2012

Bio-Rad co-founder, chairman David Schwartz dies at 88

David Schwartz, co-founder and chairman of one of the Bay Area’s oldest life sciences and family-run companies, Bio-Rad Laboratories Inc., died Sunday, the company said. He was 88.
Schwartz and his wife, Alice, founded Bio-Rad, a Hercules-based maker of research and clinical diagnostic products (NYSE: BIO), in Berkeley in 1952. The company remains family run despite growing into a publicly traded and profitable operation that last year registered net income of $178.2 million on sales of more than $2 billion.

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