Thermo Fisher Scientific

Thermo Fisher Scientific is a multinational corporation that specializes in the development, manufacture, and sale of a wide range of products and services for the laboratory, life sciences, and healthcare industries. Founded in 2006 through the merger of Thermo Electron and Fisher Scientific, the company aims to enable its customers to make the world healthier, cleaner, and safer. Thermo Fisher Scientific operates in various sectors, including analytical instruments, laboratory equipment, reagents, consumables, software, and services, catering to research, analysis, discovery, and diagnostics.

History

The history of Thermo Fisher Scientific is marked by the merger of two companies: Thermo Electron, founded in 1956 in Waltham, Massachusetts, and Fisher Scientific, established in 1902 in Pittsburgh, Pennsylvania. The merger in 2006 created one of the largest global players in the scientific research and healthcare industry. Since then, Thermo Fisher Scientific has grown through numerous acquisitions, expanding its product lines and global reach.

Products and Services

Thermo Fisher Scientific offers a broad range of products and services across various categories:

• Analytical Instruments: Includes mass spectrometers, chromatography systems, and electron microscopes.
• Laboratory Equipment: Features incubators, centrifuges, and water purification systems.
• Life Sciences Solutions: Comprises reagents, instruments, and consumables for molecular biology, cell biology, and genomics.
• Specialty Diagnostics: Provides diagnostic test kits, reagents, and instruments for clinical and industrial applications.
• Laboratory Products and Services: Offers a wide range of laboratory consumables, furniture, and services.

Research and Development

Thermo Fisher Scientific invests heavily in R&D to innovate and improve its offerings. The company's R&D efforts focus on developing new technologies and products that address the evolving needs of its customers in the scientific and healthcare communities.

Corporate Responsibility

Thermo Fisher Scientific is committed to operating responsibly, with a focus on environmental sustainability, ethical business practices, and community engagement. The company's corporate responsibility initiatives include reducing its environmental footprint, supporting STEM (Science, Technology, Engineering, and Mathematics) education, and contributing to global health and safety.

Global Presence

With operations in over 50 countries and products available in more than 150 countries, Thermo Fisher Scientific has a significant global presence. Its international operations allow the company to serve customers worldwide, providing local support and services.

Acquisitions

Over the years, Thermo Fisher Scientific has expanded its portfolio and capabilities through strategic acquisitions. Notable acquisitions include Life Technologies Corporation in 2014, which significantly enhanced its offerings in the life sciences sector, and Patheon in 2017, which expanded its capabilities in pharmaceutical services.

Challenges and Opportunities

Thermo Fisher Scientific faces challenges such as regulatory compliance, market competition, and the need for continuous innovation. However, the company also sees opportunities in emerging markets, personalized medicine, and environmental testing.

See Also

• Laboratory equipment
• Life sciences
• Healthcare industry
• Research and development