SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C. 20549
                               _________

                               FORM 10-K

   X    ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
        SECURITIES EXCHANGE ACT OF 1934

        For the fiscal year ended December 31, 1998

                              OR

   __   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
        SECURITIES EXCHANGE ACT OF 1934

   For the transition period from _________ to _________________

                     Commission file number  1-7928

                       BIO-RAD LABORATORIES, INC.
          (Exact Name of Registrant as Specified in Its Charter)

            Delaware                                   94-1381833
   (State or Other Jurisdiction of                (I.R.S. Employer
    Incorporation or Organization)                 Identification No.)

    1000 Alfred Nobel Drive, Hercules, CA                  94547
   (Address of Principal Executive Offices)              (Zip Code)

   Registrant's telephone number, including area code (510) 724-7000

   
   Securities registered pursuant to Section 12(b) of the Act:
   
                                                                                  Market Value on
                                 Name of Each Exchange    Shares Outstanding   March 1, 1999 of Stocks
       Title of Each Class        on Which Registered       March 1, 1999       Held by Non-Affiliates
       -------------------       ---------------------    ------------------   ------------------------
                                                                        
   Class A Common Stock
    Par Value $1.00 per share   American Stock Exchange      9,977,862           $242,363,239

   Class B Common Stock
    Par Value $1.00 per share   American Stock Exchange      2,500,266           $ 10,215,330

   
   Securities registered pursuant to Section 12(g) of the Act:

                                  NONE

        Indicate by check mark whether the registrant (1) has filed
   all reports required to be filed by Section 13 or 15(d) of the
   Securities Exchange Act of 1934 during the preceding 12 months
   (or for such shorter period that the registrant was required to
   file such reports),  and (2) has been subject to such filing
   requirements for the past 90 days.  Yes  X   No _____

          Indicate by check mark if disclosure of delinquent filers
   pursuant to Item 405 of Regulation S-K is not contained herein,
   and will not be contained, to the best of registrant's knowledge,
   in definitive proxy or information statements incorporated by
   reference in Part III of this Form 10-K or any amendment to this
   Form 10-K.  [ ]

   

                  Documents Incorporated by Reference

            Document                             Form 10-K Parts
   _________________________________________    ____________________
   (1) Annual Report to Stockholders for the
       fiscal year ended December 31, 1999
       (specified portions)                           I, II, IV
   (2) Definitive Proxy Statement to be mailed
       to stockholders in connection with the
       registrant's 2000 Annual Meeting of
       Stockholders (specified portions)                 III

   


                                P A R T  I
    ITEM 1. BUSINESS

    General

    Founded in 1957, Bio-Rad Laboratories, Inc. ("Bio-Rad" or the
    "Company") was initially engaged in the development and
    production of specialty chemicals used in biochemical,
    pharmaceutical and other life science research applications.  In
    1967, the Company entered the field of clinical diagnostics with
    the development of its first test kit based on separation
    techniques and materials developed for life science research.
    Recognizing that the fields of clinical diagnostics and life
    science research were evolving toward more automated techniques,
    Bio-Rad expanded into the field of analytical and measuring
    instrument systems through internal research and development
    efforts and acquisitions in the late 1970's and 1980's.

    As Bio-Rad broadened its product lines, it also expanded its
    geographical market.  The Company controls its distribution
    channels in thirty countries outside the U.S.A. through
    subsidiaries whose primary focus is customer service and
    product distribution.

    During 1996 and 1997, the Company made five acquisitions.  The
    assets acquired from Chiron Diagnostics Corporation and Chiron
    Corporation on December 5, 1997, enhanced the product line
    offering for diagnostic controls.  The remaining acquisitions
    broadened product line offerings within the Analytical
    Instruments and Life Science segments.

    On October 1, 1999 Bio-Rad acquired the stock of Pasteur Sanofi
    Diagnostics ("PSD") and the rights to certain ancillary assets
    for $210 million.  PSD was founded by the Institut Pasteur to
    commercialize its diagnostic research, and holds certain
    exclusive licenses from the Institut Pasteur in the HIV and
    infectious disease diagnostic product market.  PSD also expanded
    the geographic reach and market penetration for the Company's
    product particularly in Latin America, Africa and France.

    Bio-Rad manufactures and supplies the life science research,
    healthcare, analytical chemistry, semiconductor and other markets
    with a broad range of products and systems used to separate
    complex chemical and biological materials and to identify,
    analyze and purify their components.

    Description of Business

    Business Segments

    The Company operates in three industry segments designated Life
    Science, Clinical Diagnostics and Analytical Instruments.  Each
    operates in both the U.S. and international markets.  For a
    description of business and financial information on industry and
    geographic segments, see Note 13 on pages 19 through 22 of
    Exhibit 13.1, which is incorporated herein by reference.


                                    1
    



    Life Science Segment.

    Life science is the study of the characteristics, behavior, and
    structure of living organisms and their component systems.  Life
    science researchers use a variety of products and systems--
    including reagents, instruments, software and apparatus-- to
    advance the study of life processes, drug discovery and
    biotechnology, primarily within a laboratory setting.

    We focus on selected segments of the life science market--
    laboratory devices, biomaterials, imaging products and microscopy
    systems-- for which we estimate 1999 worldwide sales totaled
    approximately $1.6 billion.  The primary technological
    applications that we supply to these segments are diverse and
    consist of electrophoresis, image analysis and microplate
    readers, chromatography, gene transfer and sample preparation and
    amplification.  The primary end-users in our sectors of the
    market are universities and medical schools, industrial research
    organizations, government agencies, pharmaceutical manufacturers
    and biotechnology researchers.

    Clinical Diagnostics Segment.

    The clinical diagnostics industry encompasses a broad array of
    technologies incorporated into a variety of tests used to detect,
    identify and quantify substances in blood or other bodily fluids
    and tissues.  The test results are used as aids for medical
    diagnosis, detection, evaluation, monitoring and treatment of
    diseases and other medical conditions.  The bulk of tests are
    performed in vitro (literally, "in glass"), while the remainder
    consists of in vivo ("in the body") tests.  The most common type
    of in vitro tests are routine chemistry tests that measure
    important health parameters, such as glucose, cholesterol or
    sodium, as part of routine blood checks.  A second type of
    diagnostic tests, on which we focus, are more specialized and
    require more sophisticated equipment and materials than do
    routine tests.  These specialized tests are also lower-volume and
    higher-priced than routine tests.  We estimate that in 1999,
    sales to the global clinical diagnostics industry totaled
    approximately $20 billion.

    The primary end-users in the areas of the clinical diagnostics
    industry we target are hospital laboratories, reference
    laboratories, physician office laboratories, government agencies
    and other diagnostics manufacturers.

    Analytical Instruments Segment.

    The analytical instruments segment develops, manufacturers, sells
    and services FT-IR spectroscopy systems, semiconductor tests and
    manufacturing instruments, spectral reference publications and
    software.

    Spectrometers measure the infrared spectra of materials,
    providing quantitative and qualitative information about their
    chemical composition.  The primary end-users for spectrometers
    are scientists and researchers in a wide range of industries,

                                    2

    


    including chemicals, pharmaceuticals, biotechnology and food.
    Applications for the products are varied but range from general
    analytical purposes to research and development and quality
    control.

    Our semiconductor division designs, manufactures, and sells
    instruments and systems that measure the critical dimensions of
    integrated circuits ("ICs") and the characterization of silicon
    wafers and compound semiconductor materials.  The primary end-
    users for these instruments and systems include IC, silicon
    substrate and compound semiconductor manufacturers, as well as
    universities and research institutes.

    The primary end-users for spectral databases, chemists and
    spectroscopists, use them to identify a sample through the
    spectrum it produces against a spectra of known compounds.  A
    variety of market segments use these products, including the
    chemical, pharmaceutical, biotechnology, forensic and
    environmental chemistry industries, as well as academic
    researchers.

    Raw Materials and Components

    The Company utilizes a wide variety of chemicals, biological
    materials, electronic components, machined metal parts, optical
    parts, minicomputers and peripheral devices.  Most of these
    materials and components are available from numerous sources and
    the Company has not experienced difficulty in securing adequate
    supplies.


    Patents and Trademarks

    We own numerous U.S. and international patents and patent
    licenses.  We believe, however, that our ability to develop and
    manufacture our products depends primarily on our knowledge,
    technology and special skills.  Under several patent license
    agreements, we pay royalties on the sales of certain products.
    We view these patents and license agreements as valuable assets.

    The clinical diagnostics segment has a broad portfolio of
    intellectual property which it uses to advance and promote its
    competitive position within the market of blood viruses,
    bacteriology, immuno-hematology, infectious diseases and
    cardiovascular testing.  Its portfolio is comprised of owned
    patents, patent rights licensed from Institut Pasteur and other
    rights secured under third-party licensing agreements.
    Additionally, this segment has a wide array of patents and patent
    applications which are owned and licensed in the area of HIV
    testing.  These include patents on purified virus proteins,
    antigens used for detection of HIV, monoclonal antibodies, cloned
    DNA sequences, primers and probes.

    Seasonal Operations and Backlog

    The Company's business is not inherently seasonal, however, the
    European custom of concentrating vacation during the summer

                                    3

    


    months usually has had a negative impact on third quarter sales
    volume and operating income.

    For the most part, the Company operates in markets characterized
    by short lead times and the absence of significant backlogs.  The
    Company produces several analytical instruments against an order
    backlog.  Management has concluded that backlog information is
    not material to the Company's business as a whole.

    Sales and Marketing

    Each of Bio-Rad's segments maintains a sales force to sell its
    products on a direct basis.  Each sales force is technically
    trained in the disciplines associated with its products.  Sales
    are also generated  through direct mail advertising, exhibits at
    trade shows and technical meetings, telemarketing, and by
    extensive advertising in technical and trade publications.  Sales
    and marketing efforts are augmented by technical service
    departments that assist customers in effective product
    utilization and in new product applications.  Bio-Rad also
    produces and distributes technical literature and holds seminars
    for customers on the use of its products.

    Our customer base is broad and diversified.  In 1999, no single
    customer accounted for more than 2% of our total net sales.  Our
    sales are affected by certain external factors.  For example, a
    number of our customers, particularly in the life science
    segment, are substantially dependent on government grants and
    research contracts for their funding, and a portion of the
    analytical instruments segment depends on contracts with large
    semiconductor manufacturers.  Thus, the loss of government
    funding or a large contract or a severe downturn in the
    semiconductor market would have a detrimental effect on the
    results of these segments.

    Most of the Company's international sales are generated by
    wholly-owned subsidiaries and their branch offices in Australia,
    Austria, Belgium, Canada, Denmark, England, Finland, France,
    Germany, Hong Kong, Hungary, India, Israel, Italy, Japan, Korea,
    Mexico, the Netherlands, New Zealand, Norway, People's Republic
    of China, Poland, Portugal, Russia, Singapore, South Africa,
    Spain, Sweden, Switzerland and Thailand.  Certain of these
    subsidiaries also have manufacturing facilities.  While Bio-Rad's
    international operations are subject to certain risks common to
    foreign operations in general, such as changes in governmental
    regulations, import restrictions and foreign exchange
    fluctuations, the Company's international operations are
    principally in developed nations, which the Company regards as
    presenting no significantly greater risks to its operations than
    are present in the United States.

    Competition

    Most markets served by our product groups are competitive.  Our
    competitors range in size from start-ups to large multinational
    corporations. Reliable independent information on sales and
    market share of products produced by our competitors is not

                                    4

    


    generally available.  We believe, however, based on our on
    marketing information, that while some competitors are dominant
    with respect to certain individual products, no one company,
    including us, is dominant with respect to a material portion of
    any segment of our business.

    Life Science Segment.  Because of the breadth of its product
    lines, Life Science does not face the same competitor for all of
    its products.  Competitors in this market include Amersham
    Pharmacia Biotech, Life Technologies, Qiagen, Zeiss and PE
    Applied Biosystems.  We compete primarily on meeting performance
    specifications.

    Clinical Diagnostics Segment.  Competitors in this segment range
    in size from small private companies to large multinational
    corporations.  We compete only in very specific market niches and
    do not attempt to pursue the most competitive general diagnostics
    markets.  We compete based on our technological ability to
    provide customers with very specific tests and believe we are
    usually a significant competitor within our market niche.
    Competitors include Abbott Laboratories, bioMerieux, Inc., Roche
    Diagnostics, BioChem Pharma, Inova, diaSorin and Medical Analysis
    Systems.

    Analytical Instruments Segment.  We compete in the high-end
    analytical instruments market primarily on the basis of
    technology and features.  Competitors in this segment include
    Nicolet Instruments (a division of Thermo Instruments) and EG&G
    (formerly Perkin-Elmer) in spectroscopy; and Hitachi and KLA-
    Tencor in semiconductor measurement instruments.

    Product Research and Development

    The Company conducts extensive product research and development
    activities in all areas of our business, employing  approximately
    475 people worldwide in these activities.  Research and
    development have played a major role in Bio-Rad's growth and are
    expected to continue to do so in the future.  Our research teams
    are continuously developing new products and new applications for
    existing products.  In our development and testing of new
    products and applications, we consult with scientific and medical
    professionals at universities, hospitals and medical schools, and
    in industry, most notably with the Institut Pasteur.  We spent
    approximately $51.2 million (excluding $15.5 million of purchased
    in-process research and development expense), $41.4 million and
    $46.4 million on research and development activities during the
    years ended December 31, 1999, 1998 and 1997, respectively.

    Regulatory Matters

    The manufacturing, marketing and labeling of certain of our
    products (primarily diagnostic products) are subject to
    regulation in the United States by the Center for Devices and
    Radiological Health of the United States Food and Drug
    Administration ("FDA") and in other jurisdictions by state and
    foreign government authorities.  FDA regulations require that
    some new products have pre-marketing approval by the FDA and

                                    5

    


    require certain products to be manufactured in accordance with
    "good manufacturing practices," to be extensively tested and to
    be properly labeled to disclose test results and performance
    claims and limitations.

    As a multinational manufacturer and distributor of sophisticated
    instrumentation equipment, we must meet a wide array of
    electromagnetic compatibility and safety compliance requirements
    to satisfy regulations in the United States, the European
    Community and other jurisdictions.  The FDA must approve an
    export permit application before companies can market products
    outside the U.S. prior to the products' receipts of FDA approval.
    The requirements relating to testing and trials, product
    licensing, pricing and reimbursement vary widely among countries.

    Our operations are subject to federal, state, local and foreign
    environmental laws and regulations that govern such activities as
    emissions to air and discharges to water, as well as handling and
    disposal practices for solid, hazardous and medical wastes.  In
    addition to environmental laws that regulate our operations, we
    are also subject to environmental laws and regulations that
    create liabilities and clean-up responsibility for spills,
    disposals or other releases of hazardous substances into the
    environment as a result of our operations or otherwise impacting
    real property that we own or operate.  The environmental laws and
    regulations also subject us to claims by third parties for
    damages resulting from any spills, disposals or releases
    resulting from our operations or at any of our properties.

    Employees

    At December 31, 1999, Bio-Rad had approximately 4,100 full-time
    employees.  Fewer than 7% of Bio-Rad's 1,900 U. S. employees are
    covered by a collective bargaining agreement which will expire on
    November 7, 2002.  Many of Bio-Rad's non-U.S. full-time
    employees, especially in France, are covered by collective
    bargaining agreements.  The Company is currently working with the
    representative unions of these employees to achieve workforce
    reductions where duplication or redundancies exist as a result of
    the PSD acquisition.    Bio-Rad considers its employee relations
    in general to be good.


    ITEM 2. PROPERTIES

    We own our Corporate headquarters located in Hercules,
    California.  The principal manufacturing and research locations
    for each segment are as follows:


                                           Approximate
    Segment        Location                Square Ftg.   Owned/Leased

    Life Science   Richmond, California      191,000     Owned/Leased
                   Hercules, California       95,400     Owned
                   Hemel Hempstead, England  102,000     Leased
                   Milan, Italy               50,000     Leased

                                    6
    




    Clinical
    Diagnostics    Hercules, California      112,000     Owned/Leased
                   Irvine, California        137,000     Leased
                   Greater Seattle,
                     Washington              127,600     Owned/Leased
                   Lille, France             182,000     Owned
                   Paris, France             162,000     Leased
                   Munich, Germany            55,000     Leased
                   Nazareth-Eke, Belgium      30,000     Leased

    Analytical
    Instruments    Cambridge, Massachusetts   76,000      Owned
                   York, England             144,000      Owned
                   Philadelphia, Pennsylvania 28,000      Owned

    Most manufacturing and research facilities also house
    administration, sales and distribution activities.  In addition,
    we lease office and warehouse facilities in a variety of
    locations around the world.  The facilities are used principally
    for sales, service, distribution and administration for all three
    segments.

    The Life Science segment's Richmond, California distribution and
    instrument manufacturing facility lease expires in November 2000.
    While we are currently negotiating a renewal, the lease is not
    automatically renewable.  The Marnes la Coquette facility near
    Paris, France which served as the corporate headquarters for PSD,
    as well as a significant manufacturing and research facility is
    currently being renegotiated as the lease expired December 31,
    1999.  In the interim, the space is being occupied on a month to
    month basis.

    We believe all of our other facilities are adequate to support
    our current and anticipated production requirements.
    Historically, adequate space to expand sales and distribution
    channels has been available and we have leased space as needed.
    We have received several offers to purchase our facility located
    in Cambridge, Massachusetts.  This facility houses a portion of
    the manufacturing and distribution for the analytical instruments
    segment, which we will relocate if the building is sold.

    ITEM 3.  LEGAL PROCEEDINGS

    Note 12, "Legal Proceedings," appearing on page 19 of Exhibit
    13.1 is incorporated herein by reference.

    ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

    There were no matters submitted to a vote of the Company's
    security holders during the fourth quarter of the fiscal year
    covered by this report.






                                    7

    




                               P A R T  II

    ITEM 5.  MARKET FOR REGISTRANT'S COMMON STOCK AND RELATED
             STOCKHOLDER MATTERS

    Note 16, "Information Concerning Common Stock," appearing on page
    23 of Exhibit 13.1 is incorporated herein by reference.

    The Company subsequent to year-end, effective February 17, 2000
    has sold $150 million of 11-5/8% Senior Subordinated Notes
    ("Notes") due February 15, 2007.  The initial purchasers for the
    Notes were Warburg Dillon Read LLC and ABN Amro Incorporated.
    The offering price was 98.832% and the initial purchaser's
    discount was 3%.  Proceeds before expenses were $143.8 million
    and were used to repay the $100 million Senior Subordinated
    Credit Agreement, retire $20 million of the $100 million term
    loan and with substantially all of the residual proceeds, reduce
    the amount outstanding under the revolving facility.  The
    obligations under the notes are not secured, rank junior to all
    of our existing and future senior debt, rank equally with all of
    our existing and future senior subordinated debt and rank senior
    to all our existing and future subordinated indebtedness.  Our
    current and future domestic subsidiaries that are material to our
    business guarantee the notes, but our foreign subsidiaries do
    not.

    The Notes have not been registered under the Securities Act.
    Accordingly the initial purchasers will offer the Notes only to
    "Qualified Institutional Buyers" as defined under Rule 144A of
    the Securities Act and non-U.S. persons outside the United States
    in reliance upon Regulation S of the Securities Act.


    ITEM 6.  SELECTED FINANCIAL DATA

    The table headed "Summary of Operations" appearing on page 1 of
    Exhibit 13.1 is incorporated herein by reference.

    ITEM 7.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
             CONDITION AND RESULTS OF OPERATIONS

    The section headed "Management's Discussion and Analysis of
    Results of Operations and Financial Condition" appearing on pages
    25 through 33 of Exhibit 13.1 is incorporated herein by
    reference.

    ITEM 7A.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET
              RISK

    The section headed "Financial Risk Management" appearing on page
    32 of Exhibit 13.1 is incorporated herein by reference.





                                    8

    






    ITEM 8.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

    The Consolidated Financial Statements and Notes thereto and the
    Report of Independent Public Accountants appearing on pages 1
    through 33 of Exhibit 13.1 are incorporated herein by reference.

    ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
            ACCOUNTING AND FINANCIAL DISCLOSURE

    None.

                               P A R T  III

    ITEM 10.  DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

    The sections labeled "Election of Directors" and "Section 16(a)
    Beneficial Ownership Reporting Compliance" of the definitive
    Proxy Statement mailed to stockholders in connection with the
    2000 Annual Meeting of Stockholders ("the 2000 Proxy Statement")
    are incorporated herein by reference.

    ITEM 11.  EXECUTIVE COMPENSATION

    The sections labeled "Executive Compensation and Other
    Information," "Compensation of Directors," "Compensation
    Committee Interlocks and Insider Participation," "Report of the
    Compensation Committee of the Board of Directors" and "Stock
    Performance Graph" of the 2000 Proxy Statement are incorporated
    herein by reference.

    ITEM 12.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
              MANAGEMENT

    The section labeled "Principal and Management Stockholders" of
    the 2000 Proxy Statement is incorporated herein by reference.

    ITEM 13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

    The section labeled "Compensation of Directors" of the 2000 Proxy
    Statement is incorporated herein by reference.















                                    9

    






                               P A R T  IV

    ITEM 14.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON
              FORM 8-K

    (a) 1. Index to Financial Statements

           The following Consolidated Financial Statements are
           included in the 1999 Annual Report and are incorporated
           herein by reference pursuant to Item 8:
                                                           Page in
                                                        Exhibit 13.1
           Consolidated Balance Sheets
           at December 31, 1999 and 1998                    2-3

           Consolidated Statements of Income
           for each of the three years in the
           period ended December 31, 1999                     4

           Consolidated Statements of Cash Flows
           for each of the three years in the period
           ended December 31, 1999                            5

           Consolidated Statements of Changes in
           Stockholders' Equity for each of the three
           years in the period ended December 31, 1999        6

           Notes to Consolidated Financial Statements      7-23

           Report of Independent Public Accountants          24

        2. Index to Financial Statement Schedule


                                                          Page in
                                                         Form 10-K

           Schedule II Valuation and Qualifying Accounts     12

           Report of Independent Public Accountants
           on Schedule II                                    13

           All  other financial  statement  schedules are  omitted because
           they  are not required  or because the  required information is
           included in the Consolidated  Financial Statements or the Notes
           thereto.

        3. Index to Exhibits

           The exhibits listed in the accompanying Index to Exhibits on
           pages 15 and 16 of this report are filed or incorporated by
           reference as part of this report.



                                    10

    






    (b)  Reports on Form 8-K

    Bio-Rad  filed Form 8-K dated October 1, 1999, announcing that Bio-Rad
    completed  the acquisition  of 100%  of the  capital stock  of Pasteur
    Sanofi Diagnostics  from Sanofi-Synthelabo  S.A. and Institut  Pasteur
    pursuant to the terms  of the Purchase Agreement (previously  filed as
    Exhibit 2.1 to Form 8-K dated July 15, 1999).
































                                    11

    







                          BIO-RAD LABORATORIES, INC,.
                SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
                 Years Ended December 31, 1999, 1998 and 1997
                                (In thousands)


    
    Reserve for doubtful accounts receivable
    

                             Additions
                Balance at  Charged to                          Balance
                Beginning   Costs and                           at End
                 of Year     Expenses    Deductions   Other     of Year

                                                 
    1999 . . .    $3,629      $3,123      $(2,449)    $5,279(A)  $9,582

    1998 . . .    $3,374      $1,616      $(1,361)    $    -     $3,629

    1997 . . .    $3,688      $1,088      $(1,402)    $    -     $3,374

    


    
    Valuation allowance for deferred tax assets
    

                                         Deductions
                 Balance at              Charged to              Balance
                 Beginning               Costs and               at End
                  of Year    Additions    Expenses     Other     of Year

                                                  
    1999 . . . .   $5,342      $   --      $  (553)   $19,342(A) $24,131

    1998 . . . .   $3,285      $2,057      $    --    $    --     $5,342

    1997 . . . .   $5,572      $   --      $(2,287)   $    --     $3,285

    



    (A) Valuation arising from the acquisition of PSD.








                                    12

    


               REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS ON SCHEDULE II

          To Bio-Rad Laboratories, Inc.

          We have audited in accordance with generally accepted auditing
          standards, the consolidated financial statements included in
          Bio-Rad Laboratories, Inc.'s annual report to stockholders
          incorporated by reference in this Form 10-K, and have issued our
          report thereon dated February 9, 2000.  Our audit was made for
          the purpose of forming an opinion on those statements taken as a
          whole.  The schedule listed in the index, Item 14(a)2, is the
          responsibility of the Company's management and is presented for
          purposes of complying with the Securities and Exchange
          Commission's rules and is not part of the basic financial
          statements.  This schedule has been subjected to the auditing
          procedures applied in the audit of the basic financial statements
          and, in our opinion, fairly states in all material respects the
          financial data required to be set forth therein in relation to
          the basic financial statements taken as a whole.






                                           /s/ Arthur Andersen LLP
                                               ARTHUR ANDERSEN LLP



          San Francisco, California
           February 9, 2000














                                         13
    





                                   SIGNATURES

     Pursuant to the requirements of Section 13 or 15(d) of the Securities
     Exchange Act of 1934, the registrant has duly caused this report to be
     signed on its behalf by the undersigned, thereunto duly authorized.

                                              BIO-RAD LABORATORIES, INC.


                                              By:  /s/ Sanford S. Wadler
                                                    Sanford S. Wadler
                                                        Secretary

                                              Date:   March 28, 2000

     Pursuant to the requirements of the Securities Exchange Act of 1934,
     this report has been signed below by the following persons on behalf
     of the registrant and in the capacities and on the dates indicated.

     Principal Executive Officer:

       /s/  David Schwartz         President and Director    March 28, 2000
          (David Schwartz)

     Principal Financial Officer:

       /s/  T. C. Chesterman       Vice President,           March 28, 2000
          (Thomas C. Chesterman)   Chief Financial Officer

     Principal Accounting Officer:

       /s/  James R. Stark         Corporate Controller      March 28, 2000
          (James R. Stark)

     Other Directors:

       /s/  James J. Bennett       Director                  March 28, 2000
          (James J. Bennett)

       /s/  Albert J. Hillman      Director                  March 28, 2000
          (Albert J. Hillman)

       /s/  Philip L. Padou        Director                  March 28, 2000
          (Philip L. Padou)

       /s/  Alice N. Schwartz      Director                  March 28, 2000
          (Alice N. Schwartz)

       /s/  Norman Schwartz        Director                  March 28, 2000
          (Norman Schwartz)

       /s/ Burton A. Zabin         Director                  March 28, 2000
          (Burton A. Zabin)




                                       14

    



                              BIO-RAD LABORATORIES, INC.
                                  INDEX TO EXHIBITS
                                     ITEM 14(a)3

          The following documents are filed as part of this report:

          Exhibit No.

          3.1       Restated Certificate of Incorporation, as of
                    September 15, 1988. (1)

          3.2       Bylaws of the Registrant, as amended February 19,
                    1980. (2)

          4.1       Credit Agreement dated as of September 30, 1999 among
                    Bio-Rad Laboratories, Inc., the lenders named therein,
                    Bank One, N.A., as Administrative Agent, ABN Amro Bank
                    N.V. as Syndication Agent and Union Bank of California,
                    N.A. as Documentation Agent. (3)

          4.1.1     Amendment dated as of January 31, 2000, to the Credit
                    Agreement dated as of September 30, 1999, by and among
                    Bio-Rad Laboratories, Inc. the lenders named therein,
                    and Bank One, N.A. as Agent.

          4.2       Senior Subordinated Credit Agreement dated as of
                    September 30, 1999 among Bio-Rad Laboratories, Inc.,
                    the lenders named therein and Bank One Capital Markets,
                    Inc., as agent. (3)

          4.4       Senior Subordinated Credit Agreement dated as of
                    January 31, 2000 among Bio-Rad Laboratories, Inc., the
                    lenders names therein and UBS AG, Stamford Branch, as
                    Agent.

          4.5       The Indenture dated as of February 17, 2000 for 11.625%
                    Senior Subordinated Notes due 2007 among Bio-Rad
                    Laboratories, Inc., as Issuer, and Norwest Bank
                    Minnesota, N.A., as Trustee.

          4.6       The Registration Rights Agreement dated as of February
                    17, 2000 by and among Bio-Rad Laboratories, Inc. and
                    Warburg Dillon Reed LLC and ABN AMRO Incorporated.

          10.4      1994 Stock Option Plan. (4)

          10.5      Amended and Restated 1988 Employee Stock Purchase Plan.
                    (5)

          10.6      Employees' Deferred Profit Sharing Retirement Plan
                    (Amended and Restated effective January 1, 1997). (6)

          10.10     Non-competition and employment continuation agreement
                    with James J. Bennett. (7)

          10.11     Employment and non-compete agreement with Dr. Burton A.
                    Zabin. (8)



                                          15

          


          10.12     Split Dollar Life Insurance Agreement dated
                    September 17, 1999 between the Schwartz Irrevocable
                    Descendants Trust and Bio-Rad Laboratories, Inc.

          13.1      Excerpt from Annual Report to Stockholders' for the
                    fiscal year ended December 31, 1999, (to be deemed
                    filed only to the extent required by the instructions
                    to exhibits for reports on Form 10-K).

          21.1      Listing of Subsidiaries.

          23.1      Consent of Independent Public Accountants.

          27.1      Financial Data Schedule.
          ________________________________________________________________

          (1)       Incorporated by reference from the Exhibits to the
                    Company's Form 10-K filing for the fiscal year ended
                    December 31, 1992, dated March 26, 1993.

          (2)       Incorporated by reference from the Exhibits to the
                    Company's Registration Statement on Form S-7
                    Registration No. 2-66797, which became effective
                    April 22, 1980.

          (3)       Incorporated by reference from Exhibits to the
                    Company's Form 8-K dated October 1, 1999.


          (4)       Incorporated by reference from the Exhibits to the
                    Company's Form S-8 filing, dated April 28, 1994.

          (5)       Incorporated by reference from the Exhibits to the
                    Company's September 30, 1998, Form 10-Q filing dated
                    November 10, 1998.

          (6)       Incorporated by reference from the Exhibits to the
                    Company's September 30, 1997, Form 10-Q filing dated
                    November 13, 1997.

          (7)       Incorporated by reference from the Exhibits to the
                    Company's Form 10-K filing for the fiscal year ended
                    December 31, 1996, dated March 26, 1997.

          (8)       Incorporated by reference from the Exhibits to the
                    Company's June 30, 1998, Form 10-Q filing dated
                    August 6, 1998.













                                          16

    </TEXT>
    </DOCUMENT>
<DOCUMENT>
<TYPE>EX-4.1.1
<SEQUENCE>2
<DESCRIPTION>EXHIBIT 14.1.1 - AMENDMENT TO CREDIT AGREEMENT
<TEXT>

   


                                                 Exhibit 4.1.1


                                                   EXECUTION COPY

               AMENDMENT NO. 1 TO CREDIT AGREEMENT


     This Amendment No. 1 (this "Amendment") is entered into as
of January 31, 2000 by and among BIO-RAD LABORATORIES, INC., a
Delaware corporation (the "Borrower"), the undersigned lenders
(collectively, the "Lenders") and BANK ONE, NA, having its
principal office in Chicago, Illinois, as one of the Lenders and
in its capacity as contractual representative (the "Agent") on
behalf of itself and the other Lenders.

                            RECITALS:

     WHEREAS, the Borrower, the Lenders and the Agent have
entered into that certain Credit Agreement dated as of September
30, 1999  (the "Credit Agreement");

     WHEREAS, the Borrower seeks to amend the Credit Agreement to
permit the refinancing of the Bridge Loan (as defined in the
Credit Agreement); and

     WHEREAS, the Lenders and the Agent are willing to amend the
Credit Agreement on the terms and conditions herein set forth;

     NOW, THEREFORE, for good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the
parties hereto hereby agree as follows:

     1.   Defined Terms.  Capitalized terms used herein and not
otherwise defined herein shall have the meanings attributed to
such terms in the Credit Agreement.

     2.   Amendments to Credit Agreement. Upon the effectiveness
of this Amendment in accordance with the provisions of Section 4
below, the Credit Agreement is hereby amended as follows:

     (a)  Article I of the Credit Agreement is amended by adding
   thereto the following new definitions:

          "New Bridge Loan" means the bridge loan in the initial
     principal amount of $100,000,000 made to the Borrower on or
     about January 31, 2000 pursuant to the New Bridge Loan
     Agreement to refinance the Bridge Loan in its entirety,
     including any increase in such principal amount as a result
     of the capitalization of interest thereon and including any
     Rollover Bridge Notes and Exchange Notes, as defined in the
     New Bridge Loan Agreement; provided that the Exchange Notes
     shall be issued pursuant to an indenture all of the terms
     and conditions of which are reasonably acceptable to the
     Agent and the Required Lenders, and provided further that
     terms and conditions substantially



     similar to those contained in the Description of Notes shall
     be deemed to be reasonably acceptable.

         "New Bridge Loan Agreement" means the Senior
     Subordinated Credit Agreement dated as of January 31, 2000
     among the Borrower, the lenders named therein and UBS AG,
     Stamford Branch, as agent for such lenders, together with
     any notes issued pursuant thereto.

     (b)  Article I of the Credit Agreement is further amended by
     amending and restating in their entirety the following
     definitions as follows:

          "Consolidated EBITDA" means, with reference to any
     period, Consolidated Net Income for such period  plus, to
     the extent deducted from revenues in determining
     Consolidated Net Income (without duplication), (i)
     Consolidated Interest Expense and all non-cash interest
     expense, (ii) expense for income taxes paid or accrued,
     (iii) depreciation, (iv) amortization, (v) extraordinary
     losses incurred other than in the ordinary course of
     business and losses from discontinued operations, (vi) any
     extraordinary, unusual or non-recurring non-cash expenses or
     non-cash losses, and (vii) non-recurring cash charges,
     including any capitalized non-recurring cash charges, taken
     on or prior to March 31, 2000 resulting from severance,
     integration and other adjustments made as a result of the
     PSD Acquisition (provided that the amounts referred to in
     this clause (vii) shall not, in the aggregate, exceed
     $25,000,000), and minus, to the extent included in
     Consolidated Net Income, extraordinary gains and gains from
     discontinued operations, all net of tax, realized other than
     in the ordinary course of business, all calculated for the
     Borrower and its Subsidiaries on a consolidated basis for
     such period; provided that the items to be added to and
     subtracted from Consolidated Net Income with respect to any
     Subsidiary shall be added or subtracted only to the extent
     and in the same proportions that (a) the net income of such
     Subsidiary was included in the calculation of Consolidated
     Net Income, if such Subsidiary is not a Wholly-Owned
     Subsidiary and (b) the Consolidated EBITDA of such
     Subsidiary (calculated as if such Subsidiary were the
     "Borrower") is permitted to be paid or distributed as a
     dividend, advance, loan or other distribution to the
     Borrower.

          "Consolidated Net Income" means, with reference to any
     period, the net income (or loss) of the Borrower and its
     Subsidiaries calculated on a consolidated basis for such
     period, provided that Consolidated Net Income shall exclude
     the net income, if positive, of any of the Borrower's
     consolidated Subsidiaries to the extent that the declaration
     or payment of dividends of similar distributions is not at
     the time permitted by operation of the terms of its charter
     or by-laws or any other agreement, instrument, judgment,
     decree, order, statute, rule or governmental regulation
     applicable to such Subsidiary.

          "Description of Notes" means the Description of Notes
     attached hereto as Exhibit D, provided that the amount "$155
     million" in clause (3) of the description of "Limitation on
     Incurrence of Additional Indebtedness and Disqualified
     Capital Stock" in such Description



     of Notes shall be deleted
     and the amount "$180 million" substituted therefor.

          "Financing" means, with respect to any Person, the
     issuance or sale by such Person of any Equity Interests of
     such Person or any Indebtedness consisting of debt
     securities of such Person pursuant to a registered offering
     or private placement, but excluding the issuance or sale of
     (i) any Indebtedness permitted to be incurred pursuant to
     Section 6.11, including, without limitation, the
     Subordinated Indebtedness, except that the first $20,000,000
     of Permitted Subordinated Indebtedness incurred in excess of
     the amount required to refinance the New Bridge Loan shall
     be deemed to be a Financing, (ii) Equity Interests by the
     Borrower to the extent that the proceeds thereof are used to
     refinance the New Bridge Loan in its entirety, (iii) Equity
     Interests by the Borrower to any officer, director or
     employee of the Borrower or any of its Subsidiaries pursuant
     to any incentive compensation plan or program and (iv)
     Equity Interests or Indebtedness by any Subsidiary of the
     Borrower to the Borrower or any Wholly-Owned Subsidiary of
     the Borrower.

          "Permitted Subordinated Indebtedness" means
     Indebtedness of the Borrower, the payment of which is
     subordinated to payment of the Secured Obligations and all
     of the terms and conditions of which are reasonably
     acceptable to the Agent and the Required Lenders, issued in
     an aggregate principal amount not to exceed $150,000,000,
     the proceeds of which are used, in whole or in part, to
     refinance the New Bridge Loan in its entirety; provided that
     terms and conditions substantially similar to those
     contained in the Description of Notes shall be deemed to be
     reasonably acceptable.

          "Subordinated Indebtedness" means the Bridge Loan, the
     New Bridge Loan and the Permitted Subordinated Indebtedness.

     (c)  Section 6.1 of the Credit Agreement is amended by
     deleting the figure "100" in Section 6.1(i) and substituting
     the figure "90" therefor, by deleting the figure "60" in
     Section 6.1(ii) and substituting the figure "45" therefor,
     and by deleting the phrase "Together with the financial
     statements required under Sections 6.1(i) and (ii)," in
     Section 6.1(iv) and substituting the following phrase
     therefor:

     Within 10 days after the delivery of the financial
     statements required under Section 6.1(i) and within 15 days
     after the delivery of the financial statements required
     under Section 6.1(ii),

     (d)  Section 6.21 of the Credit Agreement is amended by
     deleting the term "Bridge Loan Agreement" both places it
     appears in clause (i) thereof and substituting the term "New
     Bridge Loan Agreement" therefor and by deleting the term
     "Bridge Loan" in clause (ii) thereof and substituting the
     term "New Bridge Loan" therefor.



     (e)  Section 6.22 of the Credit Agreement is amended by
     adding to the last sentence thereof after the phrase "the
     Bridge Loan" the phrase "and the New Bridge Loan".

     (f)  Section 7.5 of the Credit Agreement is amended by
     amending and restating the parenthetical phrase in the third
     clause thereof in its entirety to read as follows:

     (other than by a regularly scheduled payment and other than
     in connection with the refinancing of the Bridge Loan with
     the proceeds of the New Bridge Loan and the refinancing of
     the New Bridge Loan with the proceeds of Permitted
     Subordinated Indebtedness or Equity Interests of the
     Borrower)

     (g)  The Credit Agreement is amended by adding a new Exhibit
     D thereto in the form of Exhibit D attached to this
     Amendment.

     3.   Consent.  The Lenders hereby consent to the terms of
the Senior Subordinated Credit Agreement dated as of January 31,
2000 among the Borrower, the lenders named therein and UBS AG,
Stamford Branch, as agent for such lenders (the "New Bridge Loan
Agreement"), provided that such terms are substantially the same
as those contained in the draft dated January 26, 2000 (12:50
P.M.) of such Senior Subordinated Credit Agreement furnished to
the Lenders, and consent to the refinancing of the Bridge Loan
with the proceeds of the loans made pursuant to the New Bridge
Loan Agreement.

     4.   Conditions of Effectiveness.  This Amendment shall
become effective and be deemed effective as of the date hereof
(the "Effective Date") if, and only if, the Agent shall have
received duly executed originals of this Amendment from the
Borrower and the Required Lenders.

     5.   Representations and Warranties of the Borrower.  The
Borrower represents and warrants to the Lenders that, as of the
Effective Date:

          (a)  there exists no Default or Unmatured Default; and

          (b)  the representations and warranties contained in
     Article V of the Credit Agreement are true and correct as of
     the Effective Date except to the extent any such
     representation or warranty is stated to relate solely to an
     earlier date, in which case such representation or warranty
     was true and correct on and as of such earlier date.

     6.   Reference to and Effect on the Credit Agreement.

     6.1  Upon the effectiveness of this Amendment pursuant to
Section 4 hereof, on and after the Effective Date each reference
in the Credit Agreement to "this Agreement," "hereunder,"



"hereof," "herein" or words of like import and each reference to
the Credit Agreement in each Loan Document shall mean and be a
reference to the Credit Agreement as modified hereby.

     6.2  Except as specifically waived or amended herein, all of
the terms, conditions and covenants of the Credit Agreement and
the other Loan Documents shall remain in full force and effect
and are hereby ratified and confirmed.

     6.3  The execution, delivery and effectiveness of this
Amendment shall not, except as expressly provided herein, operate
as a waiver of (a) any right, power or remedy of any Lender or
the Agent under the Credit Agreement or any of the Loan
Documents, or (b) any Default or Unmatured Default under the
Credit Agreement.

     7.   CHOICE OF LAW.  THIS AMENDMENT SHALL BE CONSTRUED IN
ACCORDANCE WITH THE INTERNAL LAWS (INCLUDING 735 ILCS 105/5-1 ET
SEQ. BUT OTHERWISE WITHOUT REGARD TO THE CONFLICT OF LAWS
PROVISIONS) OF THE STATE OF ILLINOIS, BUT GIVING EFFECT TO
FEDERAL LAWS APPLICABLE TO NATIONAL BANKS.

     8.   Counterparts.  This Amendment may be executed in any
number of counterparts, each of which when so executed shall be
deemed an original and all of which taken together shall
constitute one and the same agreement.

     9.   Headings.  Section headings in this Amendment are
included herein for convenience of reference only and shall not
constitute a part of this Amendment for any other purpose.

                    [Signature Pages Follow]



     IN WITNESS WHEREOF, the Borrower, the Agent and the Lenders
have executed this Amendment No. 1 as of the date first above
written.


                         BIO-RAD LABORATORIES, INC.


                         By: /s/ Ronald W. Hutton
                               Name: Ronald W. Hutton
                               Title:  Treasurer


                         BANK ONE, NA, as a Lender and as Agent


                         By: /s/ Kandis A. Jaffrey
                               Name:  Kandis A. Jaffrey
                               Title: Vice President


                         ABN AMRO BANK N.V., as a Lender


                         By: /s/ Amanda C. Cox
                                Name:  Amanda C. Cox
                                Title: Vice President


                         By: /s/ Gina M. Brusatori
                                Name:  Gina M. Brusatori
                                Title: Group Vice President


                         UNION BANK OF CALIFORNIA, N.A.,
                           as a Lender


                         By: /s/ Michael E. Cooper
                              Name:  Michael E. Cooper
                              Title: Vice President



                         THE BANK OF NOVA SCOTIA, as a Lender


                         By: /s/ M. Van Otterloo
                               Name:  M. Van Otterloo
                               Title: Managing Director, Corporate


                         BANQUE NATIONALE DE PARIS,
                            as a Lender


                         By: /s/ Debra Wright
                              Name: Debra Wright
                              Title:Vice President

                         By: /s/ Sandra Bertram
                               Name: Sandra Bertram
                               Title:Assistant Vice President


                         COOPERATIEVE CENTRALE RAIFFEISEN-
                           BOERENLEENBANK B.A., "RABOBANK
                           INTERNATIONAL",  NEW YORK BRANCH,
                           as a Lender


                         By:_________________________________
                              Name:
                              Title:

                         By:_________________________________
                               Name:
                               Title:


                         WELLS FARGO BANK,
                           as a Lender


                         By: /s/ Brian S. O'Melveny
                               Name:  Brian S. O'Melveny
                               Title: Vice President


                         COMERICA BANK-CALIFORNIA,
                            as a Lender


                         By: /s/ R. Michael Law
                              Name:  R. Michael Law
                              Title: Vice President


                         CREDIT LYONNAIS NEW YORK BRANCH,
                           as a Lender


                         By: /s/ Robert Ivosevich
                               Name:  Robert Ivosevich
                               Title: Senior Vice President


                         LLOYDS TSB BANK PLC, as a Lender


                         By:/s/ Ian Dimmock
                              Name:  Ian Dimmock
                              Title: Vice President

                         By: /s/ Daivd Rodway
                               Name:  David Rodway
                               Title: Assistant Director


                         THE NORTHERN TRUST COMPANY,
                           as a Lender


                         By: /s/ Candelario Martinez
                              Name:  Candelario Martinez
                              Title: Vice President





                         U.S. BANK, NATIONAL ASSOCIATION,
                           as a Lender


                         By: /s/ Meredith N. Davis
                              Name: Meredith N. Davis
                              Title:Assistant Vice President