Thermo Fisher Scientific Inc - Company Profile
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Business Description
Thermo Fisher Scientific Inc (Thermo Fisher) is a serving science company, which focuses on analytical instruments, life sciences solutions, specialty diagnostics, laboratory, pharmaceutical, and biotechnology services. The company offers a combination of innovative technologies, purchasing convenience, and pharmaceutical services through brands including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon, and PPD. It serves a diverse range of industries, including pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions, government agencies, and various industrial and environmental sectors.
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R&D Overview
Thermo Fisher's R&D arm focuses on developing new technologies, enhancing the performance and usability of existing offerings, and expanding the applications for which its products are used. These activities include internal development programs, initiatives leveraging licensed or acquired technologies, and collaborations with leading research institutions worldwide. The R&D programs are aligned with the needs of each major business and are critical to maintaining the company's competitive position and supporting its long-term growth strategy. The R&D units focus on the areas of genetics, analytical instrumentation, diagnostics, laboratory specialties, and software engineering. The units also emphasize precision medicine, structural biology, and digital capabilities to enhance scientific research and applications. In FY2025, the company spent US$1,397 million on R&D, which as a percentage of revenue, stood at 3%.
Business Segments
- Analytical Instruments
- Laboratory Products and Biopharma Services
- Life Sciences Solutions
- Specialty Diagnostics
Overview
Provides a range of instruments and the supporting consumables, software, and services. Operates through three sub-segments: Chromatography and Mass Spectrometry, Chemical Analysis, and Electron Microscopy. Chromatography and Mass Spectrometry offers analytical instrumentation for organic and inorganic sample analysis for applied technologies and scientific research. Chemical Analysis offers production, process, and analytics; field and safety instruments; and environmental and process instruments. Electron Microscopy offers research tools and integrated workflows that power research and development and production solutions. Customers include life sciences, materials sciences, and semiconductor markets. Major customers of the segment include pharmaceutical and biotechnology companies, academic, government institutions and agencies, environmental agencies, other research and industrial markets, and clinical laboratories.
Performance
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Overview
Offers self-manufactured and sourced products and extensive service for laboratories. It also offers outsourced services used by the pharmaceutical and biotech industries for drug development, clinical research, clinical trials services, and commercial drug manufacturing. Operates through four sub-segments: Laboratory Products, Research and Safety Market Channel, Pharma Services, and Clinical Research. Laboratory Products include lab consumables, equipment, and chemicals used for life science research and drug discovery. Research and Safety Market Channel offers the sale of products that are manufactured by the company, by third parties for the company on a private-label basis, and by third parties under their brands. Pharma Services offers the development, manufacturing, and clinical trials services for small-molecule and large-molecule pharmaceuticals. Clinical Research offers integrated clinical development and analytical services for all phases of development, peri- and post-approvals, and site and patient access services. Offers services to customers in pharmaceutical, biotechnology, academic, government, and other research and industrial markets, and clinical laboratories.
Performance
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Overview
Offers an extensive portfolio of reagents, instruments, and consumables used in biological and medical research, discovery, and production of new drugs, vaccines, and diagnosis of infection and disease. Operates through three sub-segments: Biosciences, Genetic Sciences, and BioProduction. Biosciences offers reagents, instruments, and consumables. These products are used for biological and medical research in areas such as molecular biology and protein biology, to discover new drugs and vaccines, and to enable the diagnosis of infection and disease. Genetic Sciences offers a variety of instruments and related reagents used to provide high-value genomic and proteomic solutions. BioProduction offers a portfolio of premium solutions and services focused on upstream cell culture, downstream purification, analytics for detection and quantitation of process or product impurities, and a suite of single-use solutions spanning the biologics workflow. Offers products and services to customers in pharmaceutical, biotechnology, agricultural, clinical, healthcare markets; academics; and government institutions.
Performance
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Overview
Offers a wide range of diagnostic test kits, reagents, culture media, instruments, and associated products. Operates through five sub-segments: Clinical Diagnostics, ImmunoDiagnostics, Microbiology, Transplant Diagnostics, and Healthcare Market Channel. Clinical Diagnostics include liquid, ready-to-use, and lyophilized immunodiagnostic reagent kits, calibrators, controls, protein detection assays, and instruments. Products are used in drug-of-abuse testing, therapeutic drug monitoring, thyroid hormone testing, sepsis screening, serum toxicity, first-trimester screening, tumor markers testing, and diagnosis and monitoring of multiple myeloma. ImmunoDiagnostics offers the development, manufacturing, and marketing of complete blood-test systems. These are used in the clinical diagnosis and monitoring of allergy, asthma, and autoimmune diseases. Microbiology offers dehydrated and prepared culture media, collection and transport systems, instrumentation, and consumables to detect pathogens in blood, diagnostic and rapid direct specimen tests, quality-control products, and associated products. Customers include microbiology laboratories. Transplant Diagnostics offers human leukocyte antigen typing and testing for organ transplantation. Healthcare Market Channel offers an array of consumables, diagnostic kits and reagents, equipment, instruments, solutions, and services. Customers include hospitals, clinical laboratories, reference laboratories, physicians’ offices, and other clinical testing facilities. Offers services to customers in healthcare, clinical, pharmaceutical, and industrial markets; and food safety laboratories.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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