** Shares of biotech company Bio-Techne rise 4.6% to $74 premarket

** TECH beat Q1 profit estimates, helped by growth in its diagnostics and spatial biology segment

** On an adjusted basis, TECH posts profit of 42 cents per share, above estimates of 38 cents per share - LSEG data

** Total revenue of $289.46 million beats estimates of $280.3 million

** Stock down 8.3% YTD

(Reporting by Jaiveer Singh Shekhawat in Bengaluru)

((JaiveerSingh.Shekhawat@thomsonreuters.com;))