Thermo Fisher Scientific Inc - Company Profile
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Business Description
Thermo Fisher Scientific Inc (Thermo Fisher) manufactures and distributes laboratory equipment, analytical instruments, reagents and consumables, software, and services.
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R&D Overview
The R&D efforts of Thermo Fisher focus on the development of new products and the enhancement of existing products. The company offers research services related to the development of a suitable formulation and manufacturing process for active pharmaceutical ingredients (API) or biologics; technology transfer to scale up the manufacturing; labeling, packaging, distribution and logistics for clinical trials; and commercial scale manufacturing and packaging. It also offers comprehensive, integrated clinical development and analytical services to biopharmaceutical, biotechnology, government and academic customers though its clinical research segment. In FY2023, the company spent US$1,337 million on R&D activities, which as a percentage of revenue stood at 3.1%.
Business Segments
- Analytical Instruments
- Laboratory Products and Biopharma Services
- Life Sciences Solutions
- Specialty Diagnostics
Overview
- Offers instruments, consumables, software and services through Chromatography and Mass Spectrometry; Chemical Analysis; and Electron Microscopy. - Its products are used in various applications including pharmaceutical, biotechnology, academics, government, environmental, and other research and industrial markets. - The major products include life sciences mass spectrometry systems; liquid, ion and gas chromatography systems; inorganic mass spectrometers; trace elemental analysis systems; materials and minerals analysis instruments; environmental and process instruments; electron microscopy systems; molecular spectroscopy instruments; laboratory elemental analysis instruments; portable analytical instruments; and radiation safety and security system products - Considers increased demand for materials and structural analysis products, and chromatography and mass spectrometry products.
Performance
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Overview
-Provides an array of products and services for laboratories through Laboratory Products, Laboratory Chemicals, Research and Safety Market Channel, Pharma Services and Clinical Research divisions. Its products are used in a range of applications in pharmaceutical, academic, biotechnology, government and other research and industrial markets. -The major laboratory products include laboratory refrigerators and freezers, ultralow-temperature freezers, cryopreservation storage tanks, sample preparation and preservation equipment, centrifugation products, biological safety cabinets, temperature control products, water analysis instruments, and other laboratory equipment - The major Laboratory Chemicals include chemicals, solvents and reagents for various laboratory applications. - Research and Safety Market Channel division offers laboratory products, clean-room and controlled-environment supplies, firefighting, military, and first responder equipment and supplies, personal protective equipment, environmental monitoring and sampling equipment, education products and other products for academic, pharmaceutical, biotechnology, government and industrial customers - The major pharma services include drug substance services, drug product services, specialized packaging; over-encapsulation; multi-lingual and specialized labeling and distribution for Phase I through Phase IV clinical trials; biobanking services; biological-specimen management; specialty pharmaceutical logistics; and clinical supply-chain planning and management - Expects higher demand for sale of products through its channel business as major contributor to growth.
Performance
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Overview
- Offers an array of reagents, instruments and consumables used for biological and medical research, discovery and production of new drugs and vaccines and diagnosis of diseases. The segment operates through three divisions: Biosciences; Genetic Sciences; and BioProduction. - The Biosciences division offers products such as reagents, instruments, and consumables to help customers conduct research in fields such as molecular biology and protein biology, develop new drugs and vaccines, and facilitate the diagnosis of infections and diseases. - The Genetic Sciences division offers instruments and reagents for research, clinical, healthcare, and applied markets. - The Bioproduction division offers various solutions and services to help developers and manufacturers of biological drugs and vaccines, including cell culture, purification, analytics, and single-use products.
Performance
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Overview
- Offers diagnostic test kits, reagents, culture media, instruments and related products to customers in healthcare, clinical, pharmaceutical, industrial and food safety laboratories. It operates through five businesses: Clinical Diagnostics, Microbiology, ImmunoDiagnostics, Transplant Diagnostics and Healthcare Market Channel. - The major products include liquid, ready-to-use and lyophilized immunodiagnostic reagent kits, calibrators, controls and calibration verification fluids; blood-test systems; dehydrated and prepared culture media, specimen collection and transport systems, instrumentation and consumables; anatomical pathology instruments; human leukocyte antigen typing and antibody detection assays; and instruments, consumables, and diagnostic kits and reagents for tissue preparation, specimen collection and transport, staining and immunohistochemistry assays and controls.
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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