Thermo Fisher Scientific

Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, with annual revenue of approximately USD 40 billion. Founded in 2006 through the merger of Thermo Electron and Fisher Scientific, the company is headquartered in Waltham, Massachusetts. Thermo Fisher Scientific's mission is to enable its customers to make the world healthier, cleaner and safer.

Thermo Fisher Scientific offers a comprehensive range of products and services to support scientific research, solve complex analytical challenges, improve patient diagnostics, and accelerate the development and manufacture of life-changing therapies. The company's portfolio includes:

• Analytical instruments: Mass spectrometers, chromatography systems, electron microscopes, and spectroscopy instruments

• Laboratory equipment: Ultra-low temperature freezers, incubators, centrifuges, and PCR systems

• Consumables: Reagents, plasticware, cell culture media, and bioproduction materials

• Diagnostics: Clinical chemistry analyzers, immunoassays, and molecular diagnostic tests

• Life sciences solutions: Protein and nucleic acid analysis tools, cell and gene therapy products

• Contract research and manufacturing services: Drug development, clinical trials, and pharmaceutical production

In recent developments, Thermo Fisher Scientific has continued to expand its capabilities and market presence. In July 2024, the company completed the acquisition of Olink, a provider of next-generation proteomic solutions, to enhance its protein research capabilities. Thermo Fisher has also been investing in new facilities and technologies to support its customers, such as opening a new ultra-cold storage facility in the Netherlands for clinical trial supplies and launching new sustainable products like biobased films for bioprocessing containers. The company reported revenue of USD 10.54 billion for Q2 2024, demonstrating its continued strong financial performance and market leadership in the life sciences and laboratory products industries.