Investment Thesis
Agilent Technologies supplies life science and diagnostics instrumentation, consumables, and software. Biopharma, chemical analysis, and diagnostics demand drive recurring revenue.
- Recurring Consumables: Chemistries and services account for >50% of revenue.
- BioPharma Focus: LC/MS, CE, and cell analysis tools support biologics development.
- Digital Lab: OpenLab software and crosslab services improve customer workflows.